Every home to pay price of floods

Posted by Telegraph: Tim Ross and Robert Winnett on July 11th, 2012
Telegraph: Britain has endured the wettest start to a summer for more than a century with up to 17 inches of rain falling in some places and forecasts that the miserable conditions will continue into next month. Thousands of properties have been flooded with insurers estimating the cost of repairs at hundreds of millions of pounds. Now the Environment Secretary, Caroline Spelman, has disclosed she is in talks with the insurance industry about a scheme which could add 10 per cent to an average family's......

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