Flood Excess Buy Back Protection
Protect Your Finances Against Rising Flood Risks
Call Our Team: 01425 486650
Protect Your Reserves & Avoid Unexpected Shortfalls
Working alongside your policy
Flooding can strike without warning, and for blocks of flats, the financial consequences go far beyond physical damage.
One of the biggest hidden challenges is the flood excess on your buildings insurance. These excesses can be substantial, placing serious pressure on:
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- Reserve Funds
- Service charge budgets
- Cash flow planning
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Why Flood Excess Protection Matters More Than Ever
Flood risk is increasing across the UK, and insurers are responding with higher and more restrictive excess levels.
This is especially true for:
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Properties in medium to high flood risk zones
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Older buildings with basements or ground-floor communal areas
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Developments with a history of flood claims
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Key Benefits of Flood Excess Protection
Large Flood Losses, Fully Supported
Flood-related claims often come with some of the highest excesses in property insurance. This cover ensures that even if your policy carries a substantial excess, you won’t be left funding it yourself.
Result: Protection against major financial exposure following serious flood damage.
Reserve Funds Stay Intact
Paying a large excess can quickly drain funds that were set aside for maintenance or future works. Flood Excess Buy Back reimburses that cost, helping preserve your reserves.
Result: No disruption to planned budgets or long-term property management.
No Emergency Service Charge Demands
Without this protection, leaseholders may face sudden and unexpected charges to cover excess costs. This policy eliminates that risk by covering the excess after a claim.
Result: Greater financial stability and fewer surprises for residents.
Real World Example
Scenario: £30,000 Flood Excess
- Your buildings insurance includes a £30,000 flood excess
- A flood event occurs and your insurer settles the claim
- You pay the £30,000 excess to your insurer
- Once the claim is finalised, Flood Excess Buy Back reimburses the full £30,000
Outcome
- Your reserve funds remain untouched
- No emergency service charges are required
- Your financial planning stays on track
£25k
Excesses can exceed £25,000+, sometimes more than a building’s annual reserve fund
Add flood excess buy back protection to your policy today.
Expert support that you can trust
Tailored Solutions
Flexible options designed to meet the unique requirements of your block of flats.
Trusted Expertise
Backed by years of experience in supporting residential and community associations.
Peace of Mind
Safeguard your property, liabilities, and people with reliable, robust insurance solutions—all at competitive premiums.
Our in-house claims department
Here at A-One, we benefit from an in-house claims department. This means that should you need to make a claim on your policy, you will be appointed a dedicated claims handler to manage your claim from start to finish. Our handlers will bridge the gap between you and your insurer. Working to achieve the best possible outcome on your behalf.
This means you'll have one point of contact to manage your claim from start to finish.
Flood Excess Buy Back Protection FAQ’s
What is Flood Excess Buy Back Protection?
Flood Excess Buy Back Protection is a policy that reimburses the flood excess applied to your buildings insurance after a successful claim. It helps reduce the financial burden of high excess payments.
Will this help avoid emergency service charge increases?
Yes. By reimbursing the excess, this policy helps avoid the need to raise unexpected service charges or emergency contributions from leaseholders.
How does Flood Excess Buy Back work?
After a flood claim is accepted and settled by your main insurer, you pay the required excess. The Flood Excess Buy Back policy then reimburses you for that amount, subject to terms and conditions.
How much can flood excesses be?
Flood excesses can vary significantly depending on the risk profile of the property, but they often range from £10,000 to £50,000+, particularly in higher-risk areas.