Flooding cost £1bn

The Association of British Insurers says the cost of the disruption over the Christmas period due to flooding is expected to reach £1bn.

The total bill in 2012, some £13bn, is equivalent to the UK’s entire 29 million-strong workforce going on strike for two-and-a-half-days, according to the Daily Telegraph.

The flood insurance pay-out bill for 2012 is expected to total around £800 million - the highest since 2007’s £3.7billion.

Malcolm Tarling, ABI spokesman, told the newspaper the indirect cost is even greater to tourism, lost working hours and delays.

“Knock-on flood costs can be a lot higher the insured costs, covering issues such as business interruption, alternative premises hire, transport disruption and tourism impact.”

The ABI also issued the following advice if you are flooded: Contact your insurer as soon as possible. Most will have 24-hour emergency helplines, which can give information on next steps and arrange repairs.

If necessary, arrange temporary emergency repairsto stop any damage getting worse.

Tell your insurer and keep any receipts, as this will form part of your claim.

Don't be in a rush to throw away damaged items, unless they are a danger to health, as these may be able to be repaired or restored.

Your insurer will advise you about what to do. If you have to leave your home Consider what valuables and essential items you may be able to take with you Lock your doors and windows if possible. Inform family and neighbours of your plans and how to contact you.

Take emergency contact details with you including mobile phone numbers and email addresses if possible.

Your insurer will need this information so they can keep in contact with you. Only return to your home after a flood when it is safe to do so.