Recommendation 39

By the end of 2025, the Government should consult with insurers and stakeholders on strengthening the role of insurance in flood resilience. This should include promoting and simplifying access to the Build Back Better scheme. The Government should support the development and piloting of Flood Performance Certificates (FPCs) as a voluntary tool to improve awareness of property flood risk and resilience. FPCs should be introduced initially on a voluntary basis, with Government support. FPCs should be piloted in high-risk areas with a clear, trusted methodology for assessing resilience, in partnership with local authorities, insurers and estate agents, and they should be free or subsidised for low-income households. Following evaluation of the pilot, the Government should consider how to expand 67 FPCs more widely. Objectives could include minimising the risk that homeowners are penalised for factors beyond their control and reducing the likelihood that properties become difficult to sell or insure due to flood risk. (Recommendation, Paragraph 129) 68