Motor Trade insurance

Searching online and filling out numerous motor trade insurance quote forms can not only be an extremely time consuming task but many find it to be very tedious. By using an insurance broker you could not only save yourself hours upon hours of time since we search a panel of insurers for you but also hundreds of pounds! We have specialised in this area of insurance meaning we are able to provide cheap motor trade insurance policies within the UK. As a leading broker we will only ever place your risk with an insurance company which is authorised and regulated by the Financial Services Authority, this ultimately provides you with a last resort of call should you feel that you have been treated unfairly by an insurer and have exhausted all other methods of resolving the problem.

We understand that as a motor trader you are very busy and the last thing that is on your mind is your insurance for motor trade which is why we can usually provide immediate cover meaning you can put your mind at rest. We understand the needs of our clients and can usually provide a monthly payment(direct debit) scheme to spread the cost of your motor trade insurance out over the year.

Insurance for motor trade

Because we are a broker for motor trade insurance we will provide you with support and advice should the need to claim arise, we understand that having an incident and then making a claim can be a very stressful expierence and the last thing you want to be doing is paying a large excess which is why as standard our policies come with excesses starting as low as £250! No one enjoys waiting a long time for a claim to be resolved which is why we concentrate on your claim from beginning to end to make sure it is processed accurately and swiftly.

Immediate cover

Online quotes

Indemnity

Low excess

Cheap motor trade insurance

Are you fed up with paying over the odds for your insurance? We understand how important this insurance policy is to you and believe we have filled a niche in the market by providing cheap motor trade insurance in the UK. Failure to have valid insurance in place if you are a motor trader could not only lead to extremely high financial losses should the worst occur but even a criminal conviction for driving uninsured. For example if you were to pickup a vehicle and whilst driving it back to your property someone drove into the back of your vehicle you would want an insurance policy in place to provide cover for the damage caused and any injury which you may receive.

The cost of your motor trade insurance policy is based on many factors such as the cover level you require, comprehensive or third party. The level of indemnity you require for each vehicle and such like. Below is a list of factors which may have an effect on how cheap your premium is:

Third party cover

Third party fire and theft cover

Comprehensive cover

Indemnity per vehicle

Excess

Full time motor trader

Part time motor trader

The age of your motor trade business

When applying for a full motor trade insurance quote you may be asked to state the percentage of the following business tasks you carry out as a motor trader:

Selling used cars

Selling parts and accessories

Selling new cars

Repairing vehicles

Servicing vehicles

Valeting vehicles

Recovering vehicles

Working on automotive electronics

Fitting windscreens

Fitting tyres

The premises you trade from may also have an effect on the premium you pay, for example you may find that your quotation is cheaper if you trade from a lockup garage than from your own home property. If you specialise in repairing or selling vehicles such as sports cars, prestige vehicles, classic cars and such like then you may find it harder to obtain a low premium. Importing or exporting vehicles may also effect how much you pay for your UK motor trade insurance.

When arranging your insurance you will have to provide the names of all people which you wish to be covered by the policy, a young driver with criminal convictions may obviously result in higher premium being paid than a highly experienced driver with no criminal convictions. Just like any other motor insurance policy your claims history or no claims bonus can have an effect on your low cost insurance for motor trader.