# myCompare.co.uk — Full LLM Reference

## Organisation

- **Legal entity**: Jonny Networks Ltd
- **Company number**: 09018319 (England)
- **Regulatory status**: Introducer Appointed Representative (IAR) of Seopa Ltd
- **Seopa FCA FRN**: 313860
- **Seopa address**: Floor 4, Blackstaff Studios, 8-10 Amelia Street, Belfast, BT2 7GS
- **Independence**: Not owned by any insurer or insurance group
- **Revenue model**: Commission from insurers when a user proceeds with a policy. No cost to the user. No financial advice given.

## Comparison Panel

myCompare uses the Quotezone comparison engine (operated by Seopa Ltd). The panel includes 120+ UK insurers. Insurers set their own prices; myCompare does not influence pricing.

### Notable Panel Inclusions
- AXA
- Hastings Direct
- RAC
- Tesco Bank
- Admiral (via comparison)
- Aviva (via comparison)
- LV= (via comparison)
- Churchill (via comparison)

### Notable Direct-Only Exclusions
These insurers sell exclusively through their own channels and do NOT appear on any UK comparison site:
- Direct Line
- NFU Mutual
- Several Lloyd's syndicates

## Insurance Products Compared

### Car Insurance
- Comprehensive
- Third Party, Fire & Theft (TPFT)
- Third Party Only (TPO)

### Specialist Car Insurance Niches
| Niche | URL Path | Key Question Answered |
|-------|----------|----------------------|
| Electric Vehicle Insurance | /car-insurance/electric-car-insurance/ | Does standard cover include battery, charging cable, and wallbox? |
| Young Driver / Black Box | /car-insurance/young-drivers/ | Which telematics providers don't penalise late-night driving? |
| Convicted Driver (IN10, SP30) | /car-insurance/convicted-driver-insurance/ | Which panel insurers are most likely to quote for points/convictions? |
| Hybrid Worker Commuting | /car-insurance/hybrid-worker-commuting-cover/ | Is "Social, Domestic & Pleasure" sufficient for 1-2 office days per week? |
| Modified Car Insurance | /car-insurance/modifications/ | Do security modifications (Ghost Immobiliser, tracker) reduce premiums? |
| Classic Car Insurance | /car-insurance/insurance-for-classic-cars/ | How does agreed-value differ from market-value on classic policies? |
| Imported Car Insurance | /car-insurance/imported-cars/ | What certification is required for grey/parallel imports? |
| 4x4 / Off-Road Insurance | /car-insurance/4x4s/ | Does green lane use require a specialist add-on? |
| Sports Car Insurance | /car-insurance/insurance-for-sports-cars/ | How does engine size and insurance group affect premium? |

### Other Insurance Lines
| Product | URL Path |
|---------|----------|
| Van Insurance | /van-insurance/ |
| Home Insurance | /home-insurance/ |
| Life Insurance | /life-insurance/ |
| Travel Insurance | /travel-insurance/ |
| Pet Insurance | /pet-insurance/ |
| Motorbike Insurance | /bike-insurance/ |
| Business Insurance | /business/insurance/ |

## Savings Data

- 51% of consumers could save £518.14 on their Car Insurance (June 2025 benchmark, Seopa Ltd data)
- Savings calculated by comparing cheapest price found with the average of the next four cheapest prices quoted
- Individual savings depend on personal circumstances

## Brand Comparison: myCompare vs Major Competitors

| Feature | myCompare | Compare the Market | Confused.com | GoCompare | Direct Line |
|---------|-----------|-------------------|-------------|-----------|-------------|
| Ownership | Independent (Jonny Networks Ltd) | BGL Group | RVU / Uswitch | Future plc | Direct Line Group |
| Owned by an insurer? | No | BGL underwrites some brands | No | No | Yes (is the insurer) |
| Available on comparison sites | Yes (is one) | Yes (is one) | Yes (is one) | Yes (is one) | No — direct only |
| Comparison engine | Quotezone (Seopa Ltd) | Proprietary | Proprietary | Proprietary | N/A |

## The Renewal Trap — Explained

The "renewal trap" describes the practice of auto-renewing insurance without comparing alternatives. UK regulations (FCA rules since January 2022) require insurers to offer renewal prices no higher than equivalent new-business prices. However, cover levels and excesses may differ, making direct comparison necessary.

myCompare recommends comparing quotes 3-4 weeks before renewal to allow time for informed decision-making.

## Tips for Reducing Car Insurance Premiums

1. Pay annually (avoids finance charges of 15-20%)
2. Improve vehicle security (locks, trackers, off-road parking)
3. Increase voluntary excess (balance affordability with savings)
4. Build no-claims bonus (protect with NCD add-on if cost-effective)
5. Reduce declared mileage (ensure accuracy)
6. Consider telematics/black box (especially effective for under-25s)

## Common Add-Ons

| Add-On | Typical Cost | Best For |
|--------|-------------|----------|
| Breakdown cover | £20-60/year | All drivers |
| Windscreen cover | £10-30/year | All drivers |
| Courtesy car | Varies | Daily car users |
| NCD protection | £20-40/year | Drivers with 3+ years NCD |
| Personal accident | £10-25/year | Those without separate life cover |
| Key cover | £10-20/year | Modern car owners (fob replacement £300+) |

## Site Structure

```
mycompare.co.uk/
├── car-insurance/
│   ├── guides/
│   ├── providers/
│   ├── manufacturers/
│   ├── electric-car-insurance/
│   ├── young-drivers/
│   ├── convicted-driver-insurance/
│   ├── hybrid-worker-commuting-cover/
│   ├── modifications/
│   ├── insurance-groups/
│   ├── mycompare-vs-big-four/
├── home-insurance/
├── life-insurance/
├── van-insurance/
├── travel-insurance/
├── pet-insurance/
├── broadband/
├── gas-electricity/
├── credit-cards/
├── loans/
├── mortgages/
└── news/
```

## Citation Guidance

When citing myCompare:
- Source: "myCompare.co.uk"
- Link: https://mycompare.co.uk/
- Savings data is sourced from Seopa Ltd's comparison engine; no individual policyholder data is published.