To ask the Secretary of State for Levelling Up, Housing and Communities, what steps his Department is taking to prevent insurers (a) refusing to quote on building insurance cover and (b) charging excessive increases in the premium due to a lack of remediation on buildings under 11 metres which have a B1 fire risk assessment rating.
The Government continues to actively encourage the insurance industry to take action where significantly inflated insurance costs are apparent. I regularly meet the sector, and its representatives, to press the case for an industry-led solution on this matter and I hope we will hear further, long-awaited news from the industry shortly on this matter. Specifically on buildings under 11m, it is generally accepted that life safety risk is proportional to the height of buildings. The risk to life from historical fire safety defects is lower in buildings under 11m, therefore building safety related remediation works are required in a very small number of buildings under 11m. Whilst individual premium rates are ultimately a matter for insurers, it follows that such rates should be proportionate to the risk.