Motor Traders Insurance – The Right Policy For You

Are you buying and selling vehicles for profit? If so, then you need to be suitably insured to protect your business.

Trading in cars and other vehicles carries risks – your stock could be damaged or stolen, you could be involved in an accident while transporting vehicles or out on a test drive, or your staff or customers could sustain injury on your premises.

Finding an appropriate car traders policy can be time consuming and complex – unless you come to the right motor trade insurance broker.

ChoiceQuote have been providing customers with the best value cover on their motor trade policy since 1995, and have acquired an enviable reputation for looking after our customers’ traders car insurance needs.

What different types of traders policy are there?

If you work as a car trader, you need a road risks motor traders insurance policy as a minimum. This covers you to drive vehicles that you own, or customers’ vehicles that are in your custody and control.

Beyond this basic level of cover, you need to consider whether to add combined insurance elements to your car traders policy. Traders combined insurance brings together road risks insurance with a number of different options. Should you own premises, you may wish to insure against damage to them, or any of the fittings, tools, machinery and vehicles left on site. You can also consider taking business interruption cover, to keep your business in operation if something should happen to your stock or premises.

And it isn’t just car traders that need motor trade insurance…

Do you repair, restore or service vehicles? Operate a garage or an MOT centre? Work in recovering vehicles, or as a mobile mechanic or valet? Then you, too, need to consider obtaining the right motor trader policy for your needs.

Additional covers for a vehicle trader include public liability insurance (insuring your business in the event of a claim against faulty workmanship, or for slips, trips or falls on your premises), employer’s liability insurance (should you employ individuals and they are injured or suffer death in service), and product liability insurance (if a manufacturer supplies you with faulty goods, the insurer can pursue damages from them in the result of failure).

How to get car trade insurance

It’s easy to obtain a motor trade insurance quote from the specialists at ChoiceQuote. You can get a quote online now, or speak to our UK-based insurance advisors on 01625 885046. We’re waiting to offer the most competitive and wide-ranging trade insurance policy available today.