Tag Archives: Traders Policy

Motor industry news

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Motor industry news

Owning and running a motor trade business isn’t a closed shop affair. For you, your service and product to remain competitive, a source of motor industry news is essential. Every industry needs access to the latest information. Whether it is technology, surveys, software monitoring, updates on legislation and compliance or general news. Your bottom line is connected to every aspect of your business. If one area can be more streamlined and made to be more efficient, the cost savings can be a self multiplier. Allowing you to reinvest in your business and vehicles, retain and further train staff and excel at your motor trade service. This aside from motor trade news being an interesting read all round.

There are many ways in which you can keep up to date with the latest motor industry news. Often this can be free but the kind of information you are seeking tends not to be found in the mainstream media. You can sign up to email newsletters from rival companies. Follow industry bodies such as RMIF on Twitter and Facebook and attend trade shows, building a network of connections. Specific motor trade news comes in the form of dedicated motoring magazines or trade websites aimed at motor traders. This news format is also broken down into sectors. For hauliers, motor trade insurance brokers, antique car restorers and truck and car mechanics. Different publications suit each category of trader. Though to stay informed it’s best to overlap the news intake for a competitive edge.

Motor industry news helps traders stay up to date with whats happening

Motor industry news helps traders stay up to date with whats happening

Motor industry news via the internet

Depending on your niche the latest motor industry news can help you make business decisions and forecast demand in business. Enabling you to also prepare for additional expenditure should oil prices be rising, insurance laws change or a parts manufacturer is being sold to another company. You can get news about the motor industry either on a local scale from The IMI or if operating globally, European and country specific news publications. Information on research and technology, training and CPD, business resources and events allow you to take your company to the next level. In a world where tech advances streamline costs, new training programmes offer more efficient staff and network connections provide more business, accessing motor industry news proves invaluable. As insurance brokers, we also monitor a wide variety of motor industry news to ensure we know how to assist in driving down motor trade insurance premiums when you call.

Traders Policy

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Traders Policy

Motor trade insurance is a specialist traders policy which is available to those who only operate as a business. Each document begins life the same way with a set policy cover and basic terms and conditions. We then go through your business activity line by line adding the correct amount of cover for each possible outcome. Whether you work from home as a part time mechanic or restore antique vehicles. Require all road risks and premises cover or transport high end luxury cars. Every part of a trader’s policy can be adapted to your niche area of the motor trade business To understand exactly what is covered click the link. Ensure you tell us everything about your business so that we can offer the cheapest premiums but at the same time, the best motor trader’s cover.

Traders Policy for driverless cars

Traders Policy for driverless cars

Your new traders policy can be broken down into several separate parts. Vehicles, employees, activity, tools, equipment, premises and also the work you carry out. From these we gather information on driver no claim bonuses, vehicle history and possible problems. We’ll understand the ages of your employees and if under 25 or if any have driving convictions. We’ll discover if you transport your own goods, those of another company or on hire and reward. Insurance values can be different if you take tools and equipment out of your buildings and on to the road. Specialist all road risks cover taking into account theft of tools can be built in. Also the type of vehicles you have and their mileage and activity, whether to retailer locations or building sites will also have an effect. Each aspect can be tailored and made specifically for you.

Not every traders policy needs to have the same amount of cover. Brokers and underwriters work together to deliver a motor trade insurance quote that is cheaper. Because if you driver under 250 miles, do not need European breakdown recovery or have no younger drivers, you can save money. However, if delivering dangerous goods and chemicals, visit building sites and drive high tonnage lorries. You need the correct amount of cover within a motor traders policy document to cover for claims should you be in the wrong. We protect your business to ensure it can continue trading whether there are claims against your work (indemnity) or a collision has occurred. Our brokers stand ready to review your unique situation and deliver the most exact motor traders policy that you require. Only adding policy particulars that directly relate to your business activity. Call us today and our partner underwriters will offer the best and cheapest trader’s policy to cover your needs now and into the future.

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