Oral question asked in the House of Commons, by Baroness McIntosh of Pickering (Conservative). It was answered on Thursday, 6 March 2014 on behalf of the Department for Business, Innovation and Skills.
Flooding (Support for Businesses)
- Question
-
Does my right hon. Friend share my concern that small businesses will be excluded from the Flood Re insurance scheme, and that that will have an impact on their future reinsurance and excess premiums?
- Answer
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The Flood Re scheme is there to help some of the hardest-to-insure areas, but most business insurance is already priced to risk, unlike household insurance, in which cross-subsidies apply. However, I will certainly look again at the point my hon. Friend has raised.
Secondary information
- Type
- Oral question
- Reference
- 576 c1034
- Session
- 2013-14
- Oral question type
- Supplementary
- Chamber / Committee
- House of Commons chamber
- Subjects
- Business Floods
- Link
- View this Oral question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-13 17:26:05 +0000
- URI
- http://hansard.intranet.data.parliament.uk/Commons/2014-03-06/14030651000117
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://hansard.intranet.data.parliament.uk/Commons/2014-03-06/14030651000117
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://hansard.intranet.data.parliament.uk/Commons/2014-03-06/14030651000117