Floods: Costs

Summary

To ask the Secretary of State for Environment, Food and Rural Affairs, what the cost of flooding was to (a) businesses, (b) home owners and (c) the insurance industry in each of the last five years for which information is available.

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Timeline

1. 17 January 2024

   Written question

   To ask the Secretary of State for Environment, Food and Rural Affairs, what the cost of flooding was to (a) businesses, (b) home owners and (c) the insurance industry in each of the last five years for which information is available.

   Source: Commons

2. 14 February 2024

   Answer

   The Environment Agency looks at long term national trends, rates of optimal spend, but only calculate the eco-nomic costs of an actual flood in occasional circumstances due to the significant time and cost associated with undertaking the reports. Therefor...

   Source: Written answer

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• · Department for Environment, Food and Rural Affairs · Answering body

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