Motor Trade Insurance Experts.
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Competitive premiums, coupled with expert & personal service makes Peacock the number 1 choice for your Motor Trade Insurance needs.
Whatever type of business you operate and however long you've been operating, it's crucial that you have the best cover in place to suit both your budget, and more
importantly, your insurance requirements.
For a competitive no-obligation quote, or for further information and advice, talk to our motor trade
insurance team today on 0845 388 70 15, or alternatively request a quote online by clicking
Motor Trade Insurance Quote.
Policies are available for full or part-time motor traders who buy, sell or repair
vehicles either from a business premises or from home.
We offer cover for:
Road Risks Insurance
- To cover motor vehicles whilst being used on the public road, a legal requirement under the Road Traffic Acts.
Material Damage Insurance
- Cover to protect your buildings, contents, stock and vehicles.
Employers Liability Insurance
- Again a legal requirement when you have any employees or labour only sub contractors.
Product, sales and servicing indemnity
- Cover in respect of your legal liability for injury to third parties or damage to their property as a result of an activity carried out by your business.
Property owner's liability Insurance
- Cover in respect of your legal liability for injury to third parties or damage to their property whilst on your premises.
Our motor trade Insurance team has the experience needed to ensure you receive the best advice and cover for your business.
For a competitive no-obligation quote, or for further information and advice, talk to our motor trade Insurance team today on:
0845 388 70 15 ,
or alternatively request a quote online by clicking
Motor Trade Insurance Quote.
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Why choose Peacock for your Motor Trade Insurance?
- Professional, personal service with experienced staff
- Motor trader insurance experts
- New Venture, New Startup, New Business
- Competitive premiums from our panel of leading Motor trade insurers
- Cover for one man bands to national companies
- Introductory discounts available for new ventures and those people without or little 'No Claims Bonus'
- Cover for young drivers aged 21,22,23,24 and 25 year olds
- Cover for convicted drivers
- Cover for drivers with an adverse claims history
- Cover for all vehicle types
- Monthly Installments
An example of what we can cover:
- Full or part time motor traders
- With or without premises
- Multi sites
- New and used car dealerships
- Service, repair & MOT garages
- Commercial vehicle repairers
- Vehicle body shops
- Self drive hire operators
- Mobile mechanics or working from home
- Valeters
- Franchise and non franchise dealers
- Demonstration cover when selling a vehicle
- Cover for personal vehicles
- Rates for all age's of driver
- Performance vehicles
- Imported vehicles
Want to know more about Motor Trade Insurance? If so, read on
There are many diverse businesses which operate under the umbrella term of Motor Trade within which are even more risks associated than a typical commercial insurance policy due to increased possibilities of an event such as fire due to fuel and theft due to the value of equipment and stock.
Whether you are in the business of vehicle sales, servicing and mechanics, with premises or without, we at Peacock Insurance can find a policy from our panel of specialist insurers that is right for you and every eventuality you may encounter.
If you trade from home, or are a road side mechanic, a cheaper road risks only policy is adequate for you. With cover for named drivers; social, domestic and pleasure included for spouses, even demonstration cover for potential purchasers, we can tailor a policy to suit your needs. Private car no claims bonus may also be taken into consideration.
Larger organisations need a far more comprehensive policy which we can offer through specialist insurers such as AXA and NIG.
Typical policy features would, as well as road risks include:-
Material damage
- for stock in trade, stock of vehicles, buildings if you own them, fixtures, fittings and tools. Cover on an �all risks' basis.
Public liability, servicing and sale of goods
- cover in respect of your legal liability for injury to third parties or damage to their property.
Employers liability (a legal requirement for any business employing staff)
- covers your legal liability for damages arising from employees' illness or injury which result from their employment by you.
Additional optional policy features include:-
Business Interruption
- covers the loss of profits from your business arising from insured events such as a fire. Four out of five businesses go bankrupt after such an event if they are not adequately covered in this respect.
Selected all risks
- cover to protect specified items within the U.K.
Engineering Inspection Cover
- Inspection of plant where required by law such as ramps, hydraulic equipment etc.
Goods in Transit
- cover in respect of loss or damage to property of your own goods whilst in transit in your own vehicles
Group Personal Accident and Sickness
- cover for you and your employees for bodily injury or inability to carry out normal working activities.
Commercial Legal Expenses
- covers solicitors' fees and expenses, the cost of barristers and witnesses, court costs, and opponents' costs if awarded against you.
Computer breakdown
- covers the breakdown / failure of equipment and subsequent loss or damage to records.
Theft by Employees
- cover against loss of money or property due to employee dishonesty or acts of fraud.
Deterioration of Stock
- cover for any stock becoming unusable due to unforeseen deterioration.
Some useful tips for insuring your business:-
1 You may reduce your premiums significantly if you have good risk management systems in place. Surveys may be carried out on your premises to advise on risk management with regard to potential dangers such as fire from fuel oils not being stored correctly and safely e.g. near a location where welding or cutting is taking place.
2 A written health and safety policy is vital for the wellbeing of you and your employees. You may well be trading illegally if this is not the case.
3 Always consider very carefully your sums insured e.g. under the material damages section of your policy. If you are insured for £100,000 worth of stock and you have a fire at a time when you will be carrying a lot more stock, you will only be paid out for the sum insured. Remember it is far better to be over insured rather than under insured.
4 It is worth remembering that different insurers' policies vary in cover, sums insured and exclusions etc. Some insurers cover as standard risks that are an optional extra with others. It may be worth considering requesting a policy booklet before you take the policy out to see exactly what is covered. Alternatively our knowledgeable staff can help you with this information.
5 Consider requesting to add a voluntary excess onto the policy. This is the amount you would have to contribute in the event of a claim and is on top of any compulsory policy excess. This is another good way to reduce your insurance premium.
Peacock Insurance has your Motor Trade
needs covered.
More information on:
How to update your policy and the Motor Insurance Database -
Click here to find out more.