Motor Trade Insurance
Anyone that is involved in any type of work, job or career dealing with cars, vans, motor garages, auto mechanics etc should have a motor trade insurance policy.
This type of cover is highly useful for sole traders, garages with employees and mobile mechanics. Cover can be tailored to include your own vehicles, tools, public liability, demonstration cover, driving customer’s vehicles (under the conditions of the motor trade car insurance policy), employers’ liability, goods in transit etc.
- Best possible rates
- Flexible payment scheme subject to status
- Full or tart time / home based or Premises
- Road risk insurance / commercial combined
- Quotes compare with top UK motor insurers
- Minimum age 23 years with at least 1 years full UK driving licence
Each individual or business will need to get the policy tailored to suit their demands and needs. A professional insurance broker that is authorised and regulated by the Financial Services Authority should be approached when requesting any type of online motor quote.
Road Risk or Commercial Combined
Depending on your needs, you have two options of either a motor trader’s road risk insurance policy or a more comprehensive motor trade commercial combined policy. These two types of policies, in most circumstances can meet the needs of most policyholders. Typical users of a road risk insurance policy include car sales (buying and selling cars, vans, motorbikes, classic cars, imports etc), mobile mechanics, delivery agents, mechanics working from home etc. The combined policy is usually taken out by tyre fitters, motor body repairs, MOT garages, tuning workshops, valet parking etc.
If you think you need a motor trade insurance policy but are not exactly certain as to what type then simply get on the phone, or fill an online quote form and get the answers from a professional broker. There are many companies that just specialise in this field and have developed schemes with insurers and underwriters to cater for the needs of most motor trade personnel.
Speaking with the correct company is equally important as the price of a policy. Some people will only look at obtaining the cheapest motor trade insurance policy available without actually looking at the level of cover that is attached to the policy. Sometimes cheapest is not necessarily the best option to go for but to opt for the cover that you actually need. The good news is that with so much competition you can easily search for cheap motor trade car insurance quotes online in a matter of minutes and then call the brokers to ensure that the policy is exactly what you need.
Compare Motor Traders Insurance Quotes Online
Traders that are already in this type of business know the importance of a professional motor trade insurance policy and value its protection as an asset. It does not matter whether you are a one person buying and selling cars from home or you own multiple MOT stations, you still need to consider some form of commercial insurance protection for your business. Some of the things that you need to consider are whether you need comprehensive, third party fire & theft or third party only cover. If you deal in high value vehicles then the best option is for a more comprehensive policy. Yes, it may cost you more than a third party only cover but in the event of a claim it may save your business from going bankrupt. Another important add-on is the motor traders legal expenses policy that can provide legal services in the event of a claim.
Anyone looking for a cheap motor trade insurance quote will need to shop around and speak with specialists in this highly competitive field to ensure that they have the correct cover for their needs. Luckily there are many insurers, brokers and underwriters that offer highly competitive policies which offer suitable protection for the needs of most motor trade businesses.
