With effect from 1st March 2009 the commission rate in respect of CX Commercial will be increased to 17.50%.

The increased level of commission will apply to all new business and renewals transacted on or after the 1st March 2009.

CX Commercial is designed to provide buildings, contents, and loss of rent protection for commercial properties tenanted by high street trades.

Such trades includes shops, offices, restaurants, pubs, takeaways and long term unoccupied properties awaiting an acceptable tenant or owner occupier.

CX Commercial benefits from no rating post codes meaning that all risks are rated on tenancy type regardless of their location.

Rating
In recent months the rating the CX Commercial rating has been reduced by up to 35% making it one of the most competitive facilities on the market. The main alteration to the CX Commercial contract has been the introduction of a No Claims Discount of up to 20%.

Cover
The CX Commercial policy coverage has also been improved with £2,000,000 Property Owners Liability cover as standard. Accidental Damage is now available as an optional extra.