Motor Trade Insurance

Motor Trade Insurance policies are designed to cover those who earn their living by selling, buying, repairing or generally doing anything related to cars vans or motorbikes. Motor trade insurance will provide cover for small, big or even part-time motor traders. There are several different kinds of Motor Trade Insurance policies that vary in features, premiums, and the extent or nature of coverage. A motor trader needs to go for an insurance policy that meets his or hers requirements and suits their budget.

What type of motor trade insurance policies are there?
Motor trade insurance policies generally cover 3 different areas:-

Road Risk Only Motor Trade Insurance
Road risk only insurance policies can be separated into 3 different levels of cover

Third Party Only motor trade insurance policies also known as a Third Party Road Risks Policy. The law requires a motor trader to purchase a Third Party Only Motor Trade Insurance policy if the trader a) drives his own or any customers vehicles on the public highway b) provides general services of repairing of vehicles, c) buys and sells cars for profit, (d) operates as a vehicle fitter, valets vehicles or is a mobile tuner, (e) restores and repairs cars, and (f) operates an MOT station or a garage. A Third Party Only Motor Trade Insurance policy is the most basic level of coverage and covers a motor trader for third party injury, third party property damage and third party death caused by any vehicle connected to his trade.

Third Party Fire and Theft motor trade insurance policies covers a trader for all of the above in as well as including cover for damages caused to the motor trader due to fire, accidents, or theft of vehicles connected to the trade, over and above the above-mentioned third party coverage.

Comprehensive Motor Trade Policies covers the a trader for accidental damages caused to vehicles connected to the motor trade, as well as the above mentioned third party, fire and theft damages.

We can also cover your premises too. This can include but is not limited to

• Liability Cover
• Stock Cover
• Goods In Transit
• Book Debts
• and much more.

Call us now for a quotation to see how much you could save, youll be glad you did.