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Covid-19 (Coronavirus) update for existing clients

Dear Valued Customers,

The judgment today (15th Jan 2021) in the Supreme Court on the Financial Conduct Authority’s business interruption test case substantially allowed the FCA’s appeals and dismissed the insurers appeals. This is good news for those of our business insurance customers who have an unspecified diseases extension on their policy.. 

The judgment brings clarity for many of our customers who have been waiting to find our if their claims will be paid.

The Association of British Insurers has indicated that: “Customers who have made claims that are affected by the test case will be contacted by their insurer to discuss what the judgment means for their claim. All valid claims will be settled as soon as possible and in many cases the process of settling claims has begun.”

The judgment is detailed and we are working with industry bodies to better understand the full impact of the judgement.  We will of course issue further information about what the ruling means for our customers in the coming weeks. 

You can read the detailed judgement of the Supreme Court here and the summary by the FCA here.

The team at Compare Insurance is on hand to assist you as far as we can with this, however, we would point out that we do not yet have any timescales for how long it will take insurers to review each claim.  Therefore, your continued patience is greatly appreciated.

Kind regards,

Compare Insurance Ltd

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If you run your own business, we know how hard you work to make it a success and we can help reduce the load by making sure you to have the right insurance in place for your business.

As specialist commercial insurance brokers, our objective is to ensure you have the right policies in place, so you can focus on doing what you’re good at and running your business.

We understand selecting the correct levels of cover for your business insurance can sometimes be confusing, so we’re here to help identify your requirements and provide quotations from the UK’s leading underwriters.

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Why choose Compare My Insurance?

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How can we help you?

As a commercial insurance broker, understanding our customer’s needs and helping them put the correct insurance in place to protect their business is very important to us.
The team at Compare Insurance specialise in all types of businesses from tradesman, takeaways, shops, restaurants, pubs, guest houses to self-employed professionals and all sizes.

We provide cover from public liability insurance for injury and property damage to employer’s liability insurance for your employees and sub-contractors, and are flexible with additional covers such as business property to business equipment.

Alongside your business insurance there may be vehicles that may need insuring and some customers like to have one dedicated broker that looks after all of their insurance requirements so why not ask us for a fleet or commercial vehicle quotation.

Many property owners require different cover levels from buildings insurance and contents, to loss of rent cover which can be selected when discussing your requirements with one of our experienced executives. A landlord is just as much as a businessman as the shop down the road so whether it’s buy-to-let, commercial property or unoccupied property we can provide you with the right cover levels that meet your needs.

Accidents happen and that’s what Compare My Insurance are here for. We handle all claims for you and always do everything in our power to ensure claims are settled quickly, fairly and with the best possible outcome for all our customers. We keep our promise and provide a supportive service that is less stressful and hassle for you. We inform our customers throughout the whole process so you are aware of what is happening at each step of the way and this is very important to us as a business.

If you own a small to medium business, you are likely to require business insurance and that is where Compare My Insurance can help!

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