Resolved Question

Why do insurance companies not give discounts for flood protetction measures to individual premises?

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Because flood is not covered under a homeowner's policy. The only discounts that can be applied are those that affect the likelihood of a covered claim. These things are taken into consideration on a flood policy, but have no effect on a regular homeowner's.

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Other Answers (3)

• So they can make more money.
  
  They may not recognise flood protection measures to individual houses - unless you build a double strength six foot high wall around your property?
  
  If there's going to be a bad flood, I find it hard to see how you could effectively isolate one property. By all means please enlighten me!

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• In the U.S., flood protection is not provided by homeowner's or commercial property policies. It is provided by separate federal flood insurance.

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• Probably because really adequate flood prevention is beyond the scope of an individual premises ,, Has to cover an whole area or locality .. You are all at risk or not .

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