Motor Trade Insurance
A motor trade insurance policy is needed by anyone who runs a motor trade business. Whether you are selling cars & other vehicles or are into car repairs & servicing, you may need to count on your insurance cover. This form of insurance would also be useful for those involved in valeting or a MOT centre or a garage as well as covering those working part time or full time.
First of all, let’s start with the various policies covered by motor trade insurance.
Motor trade liability insurance cover
Motor Trade can cover employer’s liability, public liability as well as sales & service indemnity coverage. With the employer’s liability coverage, you can be protected in case any of your staff members gets injured while working for you. Public liability insurance can often help take care of the compensation costs on your behalf in case anybody is harmed or any property is damaged from your business activities. The sales and service indemnity coverage would protect you in case you have to pay the compensation for any accidental damage or injury to a property given – purchase or sale of vehicles, supply or sale of products linked to your motor trade as well as alteration, inspection, maintenance, testing, repair, cleaning or servicing of vehicles.
A combined motor trade insurance policy often covers money, premises, vehicles, tools, contents & liabilities. In fact, if you are looking for cover for your entire business a combined cover policy could be the answer for you. These policies often even apply to those motor traders who operate from home.
|Product||Lowest Price||Highest Price||Customer Rating|
|Motor Trade Insurance | insurance1.com||£492.18||£3123.1||4.24 / 5|
Pricing claim generated from smallest and largest base premiums of policies sold from 1st January 2018 to 31st December 2019 from one of our partners.
Customer product rating is based on 132 reviews from a range of 1 to 5, where 5 being the best.