Simply Business: insurance advice to riot affected retailers

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Leading UK business insurance broker, Simply Business, is urging retailers affected by the recent riots to contact the police and their insurance company as soon as possible.

Jason Stockwood, CEO at Simply Business, said: “For the businesses and landlords who have been affected by the public disturbances in London and other parts of the UK this week, it is essential they act quickly to make sure the best contingency plans are put in action for their business.  

“We advise business owners to first report any problems to the police and, immediately afterwards, to contact their insurance provider or broker so help can be provided as quickly and efficiently as possible.  

“The typical independent high street store we see has, on average, £13,932 worth of stock and £19,818 worth of contents, fixtures and fitting at any given time. As well as covering the costs of replenishing stock and repairing property, insurance policies can offer help and advice in securing buildings that have been broken into or damaged. 

“If business owners are concerned about what their insurance policy covers, or what measures they should be taking to ensure any claim they may need to make is processed as quickly as possible, they should contact their insurance broker for advice.”