In order to drive greater conversion and increase our proposition, we have reduced rates across certain postcodes and trades on our Shop scheme.
In order to improve competitiveness, we have reduced the minimum premium to £300 for more than 50% of postcodes.
Premium savings can be seen across the majority of trades, dependent on area. The following trade types in particular will see a reduction of up to 28%:
Bakers (on premises)
Bathrooms/ Kitchen Retailers
Bedding Retailers
Butchers and Poulterers
Computer Shops
Computer Game Retailers
Cycling Shops
Electrical Goods Retailers – White Goods
Footwear Retailers
Sports Equipment Retailers
As part of our review, certain trades in postcode specific areas will benefit from lighter security terms. All other USPs for our Shop scheme remain unchanged.