Insurance For Motor Trade
Anyone earning a living in the motor trade, whether they be a self-employed valet or the owner of a car showroom, is eligible for motor trader insurance and a basic third party policy is a legal requirement for all road users in the UK. A third party policy will only cover you for damage that your vehicle may cause to other road users as the result of an accident. To cover your vehicle for theft, you will need to take out a third party fire and theft policy.
Motor trader insurance for road users comes in three types. A fully comprehensive policy will include the cover given by a third party fire and theft policy and will also cover you for any damage to your own vehicles or to your person as the result of a road traffic accident.
Self-employed workers in the motor trade will also require cover for the particular work they do. If you own a business, the cheapest form of motor trader insurance is one that will give you discounts if you purchase more than one type of cover. Combined motor trader insurance will include a fully comprehensive policy for road users and also a number of policies that will protect your business and your livelihood. If you employ people, a combined motor trader insurance policy will include employer’s liability insurance which will protect you should any member of your staff suffer an injury in the course of their work.
What is motor trade insurance?
What is motor trade insurance? In other words 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.
If you own a garage or a car showroom or operate any premises that allow members of the public to enter as part of your work, you will also need public liability insurance as part of your combined motor trader insurance policy. This will protect you should any member of the public suffer an injury while on your premises.
To fully protect your business, you should also consider incorporating some kind of indemnity insurance as part of your combined motor trader insurance policy. If you sell goods of any kind, for instance, product and sales indemnity will protect you should a manufacturer’s product description turn out to be misleading, or if a particular item is implicated in an accident. If you do repairs or restoration work, repairs indemnity will protect you should a customer claim that your repair was the direct cause of an accident or personal injury.
Apply for a motor trade insurance online now.
Contact Us - Motor Trade Insurance
Motor Trade Insurance Online
Contact us for a motor trade insurance either by calling us or completing the short contact form below.. Our teams of expert advisers have a wealth of knowledge about the various aspects of insurance for motor trade, from the basic forms of third party policies to the more specialist forms of motor trader insurance that are relevant to particular trades.
Cheapest Motor Trader Insurance 4 U
Re-Route Ltd
Network House
Badgers Way
Oxon Business Park
Shrewsbury
SY3 5AB
