Part time motor traders insurance
Do you work in the motor trade to earn additional income while holding down a full time job? Are you retired and enjoy supplementing your pension by restoring cars or perhaps you are a hobbyist needing to insure your activity. All of these niche activities require you to hold some form of part time motor traders insurance policy documentation to ensure you are covered should work you perform go awry or vehicles you drive suffer a collision or cause a claim to be made against you. Normal car insurance tends not to pay out or cover business related issues. And while some insurers may allow you to adapt a home insurance policy, you will never be as fully insured for motor trade related claims as you will under the best part time motor traders insurance policy. It is a fact of many early trading practices in the motor trade that new businesses and entrepreneurs begin from a garden, garage or a mobile service that is operated from home. Thousands of these dedicated policies are taken out yearly and offer much more than peace of mind.
Part time motor traders insurance solutions
This specialist form of part time motor traders insurance quote should not be considered as merely an unwanted expense. If you buy and sell cars for resale, modification or restoring, then the vehicles you work on will be liable for a period after they are sold. If you offer to repair vehicles from home, you are equally liable for any faults associated after returning the antique car, truck or motorcycle to the owners. The type of coverage you require is called indemnity cover. The premiums you pay guarantee a certain sums valued insurance in the event a claim is made against you. Including any costs towards legal fees, assistance or a full blown court case requiring informed legal defence or prosecution. Without such cover your livelihood and home could be at risk and financial shortfalls should you lose could bog you down for years. This is not the only consideration to make note of when comparing part time motor trade insurance quotes online. Because you are operating from home you will no doubt have visitors to your abode at some point. The dangers of which will increase when more than one vehicle is within your boundaries. Find out the secrets of motor trade insurance
Professionals that rent out garages or premises know all too well the pitfalls of accidents befalling their clientèle or fellow employees. Your home insurance probably does not cover for third party accidents in this category. Even the cheapest part time motor traders insurance premium will cover for collisions and property damage, resulting damage from related equipment fires or explosions, and third party damage to vehicles while on your property. Doubtless to say that if you are repairing or restoring then you may well have a considerable investment in high end tools. Is it really possible your contents insurance extends to the value of replacing this equipment if stolen? Have you considered if your all road risks cover extends to roadside work in your van or truck? Are you fully covered for any and all business related activity, no matter whether you are working one hour a week or an additional twenty five? The best part time motor trade insurance policy is an invaluable tool that protects your interests, growing business or hobby. The combined aspects enables you to trade off your no claims bonus, take into account current policy cover related to your home and ensure any extra layer of cover to protect your financial future. For an immediate quote on the cheapest part time motor traders insurance premiums for your niche motor trade business, contact us without delay.