To insure a house which you have purchased in a flood plain area might cause a problem when it is time to renew. Throughout the years alot of people have purchased houses in flood plain areas of the UK. Many years have bypast with no problems with floods.

Due to the fact that the UK in the past had not suffered from a lot of flooding in the past, when the floods arrived in the summer of 2007, various UK resisdents were caught short. It was suggested that £3 billion was lost to the insurers with all the claims. There were not so many claims in Milton Keynes but other areas were hit hard with lots of damage. The problem now comes when people come to renew their home insurance. There should be no problem with the existing company that you are with as the ABI has agreed that their members will still carry on insuring their current clients providing the government puts more money into new and improved flood defences. The trouble is they can easily increase the premiums and when you go to shop around for another quote you will probably find that either other companies do not want to insure the house, or that the premiums will be a whole lot higher than someone who does not have a property in a flood plain area.

Wth the number of two million homes or more in a flood risk area the insurance companies are a little worried. It appears that is 10% of the houses in the UK. Also around 400,000 homes are in a very high risk area which equals to 1 in 75 chance of flooding.

So what can be done. Well if you already possess a property within a flood plain area then you may have to put up with the high premiums. If you sell your home, the new owners of your property would have to take on your insurance company.

If buying a place now, it would be advisable not to buy one in a flood plain area. You can check if you are in a flood plain area by getting a detailed survey carried out. To find out if the house lies in a flood plain area you can also check yourself, by searching on  the Environment Agency's website before you go too far ahead with the purchase. If you are searching for long term investment this could be a safe thing to do.

There are so many people out that that have saved the money up to buy a holiday home, most of them prefer to rent them for the best part of the year. One of the major benefits of having your own place abroad is that it will hopefully bring you in money during the course of the year. There are so many people out there that report the accidents when they are on vacation, here are some of the most common ones.

Falling Over

Of course Villas do not have stairs but many places do and this seems where the most people fall over on holiday. Equally there are many people that fall down by the pool and this is usually because they are not following the guidelines laid down by the owner. Both kids and adults will run around the pool for a game of some sort and unfortunately if the area is wet it can result in injury and in some cases even death.

Broken Furniture

Next on the list is the broken furniture, apparently there is a lot of this and people always deny they have done it. It is very easy to see why you get things like broken beds, when a couple goes away they will be more relaxed and "enjoy themselves" a lot more.

Fires

Whilst there are hardly ever any fires that post a risk to the entire holiday home there are fires when people put candles too near to flammable things and over load those log fires and BBQ’s. It can be very easy to put too many logs onto a fire or put too much coal onto a BBQ but putting a candle near something is just stupid surely?

The best thing you can do is take out insurance for holiday homes for things like falls and broken furniture. Fires are more likely in cottages so take out holiday cottage insurance and if you are interested in Spain check out house insurance Spain.