About

About Flood Excess Insurance

There is much debate about the causes of climate change but there is little debate that the climate is changing, becoming less predictable and more extreme. For five million households and many businesses in the UK, flooding is now a major risk. There are ways of mitigating your exposure to being flooded but when water arrives en masse as a force of nature, there is not much that can stop it from wreaking havoc.

Business insurers are ever more concerned about flood risk and, as a result, certain areas of the country deemed to be at risk are often saddled with high excesses.

Flood Excess Insurance has been developed to offer you the chance to insure your excess. A flood can turn your business upside down and the last thing you need is to have to find a large sum of money to cover the flood excess on your policy.

The process is very simple. Simply ask your insurance broker about Flood Excess to get a quote on this website.

If the worst should happen, and your insurer accepts a claim from you for a flood* then your Flood Excess Insurance will cover the excess amount.

If your claim falls below the level of your policy’s flood excess, we may be able to cover the cost of the claim under this Flood Excess Insurance policy**.

Flood Excess Insurance is arranged by Modus Underwriting Ltd and underwritten by XL Catlin Insurance Company (UK) Ltd.

XL Catlin Insurance Company (UK) Ltd are authorised and regulated by the Financial Conduct Authority (FCA registered Number 423308). You can check these details on the Financial Services Register at www.fca.org.uk.

Modus Underwriting Ltd is an Appointed Representative of Advent Solutions Management Limited. Advent Solutions Management Limited is authorised and regulated by the Financial Conduct Authority (FCA registered Number 308751). You can check these details on the Financial Services Register at www.fca.org.uk.

* Please refer to the Policy Wording for the definition of Flood.

** Please refer to the Policy Wording for the full terms and conditions.