Sentence examples for high risk properties from inspiring English sources
"From April 2014, the regulations will apply to high risk properties such as care homes, new and converted student halls of residence, boarding houses and certain hostels and from January 2016 to all new and converted houses and flats," Mr Sargeant said.
The National Capital Commission, which manages the estate, ranked 24 Sussex — as well as Rideau Hall, which is the Governor General's residence — were most the most "high risk" properties under their control.
Highly leveraged properties are some of the higher risk properties.
The subsidy from low-risk homes continues, while premiums for high-risk properties are capped.
To avoid this, and to protect high-risk properties, a scheme called Flood Re has been developed.
In June 2013, Defra initiated a consultation about a proposal for a new scheme, called Flood Re, to provide cover for high-risk properties, paid for through an explicit levy on all policy-holders' premiums.
Meanwhile, the Commons environment committee has written to Owen Paterson, the environment secretary, to ask what progress he has made on getting insurance companies to agree to a new rules for covering high-risk properties after 2013.
The insurance industry will be asked to pay the premiums for the high-risk properties, through a levy of £180m a year, which is the equivalent of £10.50 a year on all household insurance policies.
In the United States between 1993 and 2011, the federal government purchased more than thirty-six thousand high-risk properties from willing sellers through the Hazard Mitigation Grant Program, in many cases converting the land to open space that can serve as a buffer against future floods.
Insurers are expected to use the scheme for the 1-2% highest-risk properties, thought to be about 350,000 homes, that would have struggled to find affordable cover in a normal market.
Insurers have an agreement with UK government to provide cover for high-risk properties while flood defences are improved.
