The Government announced:
The Government will pay former residential red zone owners 100% of the 2007/08 rateable value for uninsured homes, Minister Megan Woods has announced today.
What a kick in the teeth for the tens of thousands of home owners who did pay for insurance. The Government has just told us all we’re muggins. Don’t bother insuring your property because if you don’t, Labour will bail you out using taxpayers money.