Flood Re is designed to help people insure their homes, so it can’t be used for commercial or business properties.
However, it can be used for buildings cover or combined home insurance if your property meets the eligibility criteria and is used as a B&B (but not paying business rates), as a buy to let property, or as a holiday home.
Similarly, if you’re a tenant who’s renting in a flood-risk area, you can use the scheme for contents insurance if the property is eligible for Flood Re. But you should make sure that your landlord has buildings insurance.