7.3.14 High Public Flood Risk Awareness (Demand)
The absence of a clear and present danger of flooding in the public’s mind militates against any form of
national flood compensation based on mandatory contributions and would probably encounter public
resistance. In their submission to the Consumer and Market Authority (ACM) the regarding the 2013
Verbond proposal a the Dutch Consumer Association (Consumentenbond) and the Association of
Home Owners (Vereniging Eigen Huis) did not show any support for compulsory insurance. They
recognised the value of flood insurance in particular circumstances, but that it should be a choice based
on individual household risk factors (EP, 2013). The Dutch public perception of flood risk could change
in the future if flooding became more common due to lack of dike maintenance or climate change.
Whether private insurance companies would continue to offer cover under these circumstances is a
potential weakness in private flood insurance systems and is a question this thesis will address in the
next chapter.
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