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Covid-19 (Coronavirus) update for existing clients

Dear Customer,

With the global pandemic that is Covid-19 (Coronavirus) sweeping the globe causing mass confusion, I’m sure you have a number of questions surrounding what this means for you as a business owner. We have been liaising with our panel of providers to understand if and how your policy will respond if your business is affected by Covid-19.

Although their responses differ from insurer to insurer, there was one commonality for any claims to be considered and that is:

“YOUR premises must have a confirmed case of Covid-19 (Coronavirus) and the local authority must close your establishment as a result”

Unfortunately, as the situation currently stands there are no considerations being made for a downturn in custom or cancellations. This may however change as a result of government intervention. We continue to closely monitor developments and will update you as soon as we receive any new information.

All of our dedicated team are already either working remotely or in smaller teams in our offices and are available for assistance with any aspect of your insurance. We will continue to assist and provide you with the highest levels of service during these unprecedented events.

Kind Regards,
Compare Insurance Ltd

GOVERNMENT UPDATE ISSUED 18 MARCH 2020 (SUPPORT FOR BUSINESSES)

The Chancellor has set out a package of temporary, timely and targeted measures to support public services, people and businesses through this period of disruption caused by COVID-19.

This includes a package of measures to support businesses including:

*  a statutory sick pay relief package for SMEs

*  a 12-month business rates holiday for all retail, hospitality and leisure businesses in England

*  small business grant funding of £10,000 for all business in receipt of small business rate relief or rural rate relief

*  grant funding of £25,000 for retail, hospitality and leisure businesses with property with a rateable value between £15,000 and £51,000

*  the Coronavirus Business Interruption Loan Scheme to support long-term viable businesses who may need to respond to cash-flow pressures by seeking additional finance

*  the HMRC Time To Pay Scheme

FULL INFORMATION CAN BE OBTAINED USING THE FOLLOWING LINK: https://www.gov.uk/government/publications/guidance-to-employers-and-businesses-about-covid-19/covid-19-support-for-businesses

COMPARE INSURANCE LIMITED ARE NOT ABLE TO ANSWER SPECIFIC QUESTIONS RELATING TO THIS PUBLICATION.

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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?

  • Compare business insurance from UK’s leading insurers
  • Highly trained and experienced teams
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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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For any questions please contact us and we will get back to you as soon as possible.

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Providing great service and competitive rates has helped us win many repeat customers, whom we’re incredibly grateful to. It’s really nice to have been noticed by them and our industry peers.
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