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Cavere Insurance launches home insurance product backed by Flood Re Magazine

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York insurance company, Cavere Insurance, is among the first brokers in america to launch an easily affordable flood insurance product backed by Flood Re, the us govenment and insurance industry supported not-for-profit scheme.

The brokers has successfully built and launched a buildings and contents insurance plan that provides affordable cover homes suffering from flooding.

In the recent past, we’ve all seen how devastating a flood could be. Besides because the waters rise but afterwards too, as people find it hard to find affordable insurance with regards to homes.

That’s why the us government has been working more closely with insurers in britain, delivering the latest way of addressing and offering flood cover on home owners insurance through the not-for-profit scheme that’s funded by insurers.

The Cavere product offers conceal to 1 million for buildings and up to 60,000 for Contents using an far more than only 250 for flood claims. This product, underwritten by Ageas Insurance, one among Europe’s largest insurers is rated 5 stars by Defaqto, the independent financial research company.

Paul Thompson, CEO at Cavere, said: “I am delighted that Cavere has had been be in the first near you to offer a Flood Re backed product in the market. Being in York were only too alert to the outcome flooding is wearing homeowners and also their lives.

“What is excellent regarding the scheme is usually that homeowners in flood risk areas is now able to have the peacefulness realizing that their residence is insured at a reasonable cost as well as overabundance 250 will likely not break your budget in the case of a compensation claim.”

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