New government must have courage to stand up for homeowners facing flood-damage risk
Published 08/03/2016 | 02:30
The floods have receded and the daffodils are up. They are yesterday's photo-op for our politicians and you are unlikely to hear about the floods from them again until next winter. The affected homeowners are left with a mop in one hand and a huge repair bill in the other.
New data from AA Home Insurance shows last winter's floods affected more than 700 homes. The average cost of damages is €27,000. The total value of home insurance claims is about €20m. That's just for domestic claims.
Businesses lost another €30m and the damage to infrastructure will be more expensive again.