14 April 2020

Insurance risk considerations during Coronavirus restrictions

By Road Runner
Coronavirus strain

By now, many businesses will be operating remotely. We all understand the importance of washing our hands and isolating unwell staff, but there are implications that remote working may have on your insurance. Whilst insurers’ approach to existing policies may change, until such time, businesses should adhere to their insurance policy requirements.

There may be additional considerations on your policies which you should look out for. Some of these may include:

  • Motor insurance – Location of vehicles, contents stored in vehicles and change of a vehicle’s usage
  • Commercial Combined insurance – Unoccupancy of premises, lone working and obligations when notifying insurers of a claim.
  • Cyber & E-Commerce – Businesses that rely on revenue through their website should consider the implication of a denial of access to their website.
  • Fraudulent crime – Businesses may become more reliant upon email or telephone requests for payment which can create an increased risk of fraud.

Take a look at the extensive list of considerations along with advice that has been prepared by our parent company Aston Lark.

If you have questions about your policy, speak to the Road Runner team on 0330 100 8720 or get in touch with us today.

We’re with you.

Did you know…

Social, Domestic and Pleasure cover

Our insurance policies come with Social, Domestic and Pleasure (SD&P) cover, meaning that the insured car can be used by the named drivers for non-work-related driving. This means that if you spouse is listed on a policy, they will also be covered for SD&P.

SD&P cover allows you to drive your car privately and for personal use. This includes things like going to the shops, collecting family members or friends and commuting between your home and your place of work.

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