Given the extent of flood prevention measures introduced to the area by both the local authority and the Office of Public Works I find it unfair that some insurance companies won’t take these works into consideration when offering quotes or lack thereof.
Many of the properties not being quoted were not even hit by floods a number of years ago and since then extensive works have been carried out to rectify the areas of East Wall prone to flooding.
I have been asking numerous questions of the Minister in the Dail and will be seeking a further update in the coming weeks regarding his negotiations with the Irish Insurance Federation regarding the situation with potential buyers and home owners in certain parts of Dublin 3 not being able to ascertain home insurance.
It is extremely frustrating for people in this position to be told they will not be quoted on home insurance when their property has never been flooded previously, that combined with the fact that tax payers money has been substantially spent on dredging rivers and building defences in the area is infuriating and although the insurance industry is a commercial body I would hope that common sense will be adhered to while people like myself push for a political solution with the Minster for Finance.
