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.
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.