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Business Insurance for the Motor Trade - Do you need Insurance for your Motor Trade Business?
Motor Trade Insurance can cover those business's who buy, sell, or repairs motor vehicles. Business insurance for the motor trade industry protects business owners and individuals from financial loss should a claim be made against them. This type of insurance policy is available to sole traders or a company requiring insurance to use own vehicles, business or clients vehicles on the public highway.
Business Insurance for all Motor Trade Occupations
Regardless of the size or type of motor trade business you operate, insurance is an essential element, protecting your business from a wide variety of liabilities. The five main types of motor trade insurance available in the UK are:
Third party only
Third party fire and theft
Comprehensive
Liability
Combined
Does my business qualify for Motor Trade Insurance?
Motor Trade Insurance is available to full time and part time motor traders. Applicants for motor trade insurance should generally be:
Between 21 to 70 years old
Have lived in the UK for more than a one year
Hold a full clean UK driving license for over a year
Finding the right Motor Trade Insurance policy for your business
Depending on what sector of the motor trade you work in you will no doubt have your own business insurance needs, issues and questions. There are many brokers that offer advice on Business Insurance to the Motor Trade, but you should find the one that can offer the best combination of products as well as prices.
Business Insurance - Meeting the needs of the motor trade
A specialist insurance broker can give you advice and guidance in the selection of the right insurance policies for your business. And if you are buying Motor Trade Insurance for the first time, a broker can ensure that you get the precise cover you need.
Find out more about Business Insurance for the Motor trade by calling Peacock Insurance on 0845 388 70 15 or visit our homepage where you can compare quotes from a panel of insurers.
To get a quote click
Motor Trade Insurance
or click
Motor Trade Insurance Articles
to find out more.
Authorised and Regulated by the Financial Services Authority.
Firm reference Number: 449832
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