Order Description
Coursework Topic (1500 words)
Your friend is thinking of buying a house so that she can live near University Park – on
either Lace Street or Montpelier Road, south of the A6005, in Dunkirk, Nottingham
(postcodes NG7 2JT – 2JY). But she is worried about the likely cost and availability of
buildings insurance to cover the risk of flooding. Write a report for your friend which
considers the following issues, taking appropriate account of your friend’s personal, social
and financial circumstances:
? How worried should she be by the risk of flooding?
? What factors should be taken into account in deciding whether or not to buy a
buildings insurance policy which covers flood risk?
? What factors might affect the availability and likely price of her buildings insurance
(including cover for flood risk) in the next three years?
Suggested Reading (use these as a starting point!)
The Money Advice Service (2016) Flood insurance – getting the right cover,
https://www.moneyadviceservice.org.uk/en/articles/flood-insurance-getting-the-right-cover
Association of British Insurers (2016) Flooding
https://www.abi.org.uk/Insurance-and-savings/Topics-and-issues/Flooding
Association of British Insurers (2008) Insurance in the UK: the benefits of pricing risk
https://www.abi.org.uk/~/media/Files/Documents/Publications/Public/Migrated/How%20insurance%20works/ABI
%20Insurance%20in%20the%20UK_the%20benefits%20of%20pricing%20risk.ashx
Environment Agency (2016) Prepare for a flood and get help during and after,
https://www.gov.uk/prepare-for-a-flood/find-out-if-youre-at-risk
Association of British Insurers (2016) Valuing your home’s contents?
http://www.abi.org.uk/Information/Consumers/General/494.pdf