Who we are

Our company name is Fab Auctions limited, and, of course, our websites include MyThingE.com

Fab Auctions limited is a company registered in England and Wales Reg. No. 06091049 - Registered Office Antrobus House, 18 College Street, Petersfield, Hampshire GU31 4AD.

Fab Auctions limited is authorised and regulated by the Financial Services Authority (Registration number: 464798). For further information you may wish to visit the FSA register.

What we do

We aim to find you a highly competitive premium for your Insurance by enabling Insurance providers to compete for your business with the aim of driving down your costs.

We will enable Insurance providers to 'Bid' for your business based on the best premium they can offer combined with the features you are looking for on payment terms you request.

We are not Insurance Brokers - we want to find you the most competitive policy available by using Insurance provider expertise.

You are not obliged to accept the cheapest bid but the one that is most suited to your needs should you wish to proceed with the auction.

You will be able to view Insurance provider customer satisfaction ratings based on previous customer experience as well as identify features and benefits that appeal to you.

We will ask you a number of questions - the number of questions we ask will be determined by your answers that you give. For example if you have had an accident, made a claim or been convicted of a motoring offence Insurance providers will need more information to enable them to provide you with an accurate bid for the Insurance policy you are applying for.

You will find that some search engines on other sites make many assumptions about you before you can obtain a quote. We have taken the decision to ask for comprehensive information from you so that when you receive a bid the price is guaranteed for 30 days from the date the auction commenced unless the information you have supplied is incorrect.

It is essential that the information you supply is completely accurate - if you supply incorrect or misleading information or make an assumption that is incorrect this could affect the premium you are charged, invalidate your Insurance and potentially put you at risk of committing a criminal or civil offence leaving you liable to prosecution and worse still, leaving you without the appropriate Insurance cover you have applied for.

You provide us with the information we require to enable Insurance providers to bid for your Insurance policy requirements.

The bid will be honoured if you accept the bid that has been made and the information you have supplied is accurate. If the information supplied by you is not accurate the bid may be altered by the Insurance provider.

You are not obliged to accept the lowest bid. You are not obliged to accept any bid.

You stipulate the number of days you wish the auction to run when you create an auction, but you may withdraw at any time, and you can accept a bid at any time after the auction has commenced. Bids are valid for 30 days from the start of the auction (unless specifically noted against a particular bid.)

All Intellectual Property Rights (including, without limitation, all database rights, rights in designs, rights in know-how, patents and rights in inventions (in all cases whether registered or unregistered and including all rights to apply for registration) and all other intellectual or industrial property rights in any jurisdiction) in any information, content, materials, data or processes contained in or to this website belong to MyThingE.com or its licensed source. All rights of Fab Auctions ltd. in such Intellectual Property Rights are hereby reserved.

We reserve the right to change the terms and conditions of this site without notice but will update our terms and conditions on this website to reflect any changes we make.

We use reasonable endeavours to ensure that the data on the Website is accurate and to correct any errors or omissions as soon as practicable after being notified of them. However, we do not guarantee that the Website will be fault free and we do not accept liability for any errors or omissions.

We do not monitor, verify or endorse information submitted by us or third party providers for inclusion on the Website and you should be aware that such information may be inaccurate, incomplete or out of date. In particular, we do not monitor, verify or endorse the information or bids presented from the Insurance providers as presented to you on the auction page. To the extent permitted by applicable law, we disclaim all warranties, terms and representations (whether express or implied) as to the accuracy of any information contained on the Website.

We do not give any warranty that the Website is free from viruses or anything else which may have a harmful effect on any technology.

Due to the nature of electronic transmission of data over the internet, any liability we may have for any losses or claims arising from an inability to access the Website, or from any use of the Website or reliance on the data transmitted using the Website, is excluded to the fullest extent permissible by law.

Nothing in these terms and conditions excludes or limits our liability for death or personal injury caused by our negligence or for our fraud, or excludes or limits our duties or any liability under the Financial Services and Markets Act 2000, as amended, ("FSMA") or any conduct of business rules developed pursuant to FSMA.

Subject to the liability which we accept above: (a) our aggregate liability to you arising out of or in connection with this agreement or use of the Website shall not exceed £100; and (b) we shall not be liable in contract, tort or otherwise howsoever arising out of or in connection with this agreement or use of the Website for any indirect loss, consequential loss, loss of profits, data, revenue, business opportunity, anticipated savings, goodwill or reputation.