A Comprehensive Guide to Specialist Motor Trade Insurance Brokers

What is Motor Trade Insurance?

Motor trade insurance, also known as motor trade road risk insurance, is a type of policy specifically designed for people working in the motor trade industry. It provides cover for a wide range of vehicles, including cars, vans, motorbikes, and commercial vehicles, as well as any associated business activities. It is important to remember that motor trade insurance is not the same as car insurance, as it covers a much wider range of activities.

What Does Motor Trade Insurance Cover?

Motor trade insurance is designed to provide cover for a variety of activities, such as buying and selling vehicles, test driving, repairing and servicing vehicles, transporting vehicles, and providing breakdown services. Depending on the policy you choose, it may cover a combination of these activities, as well as any associated business activities.

Who Needs Motor Trade Insurance?

Anyone who works in the motor trade industry, or who owns a business that is associated with the motor trade industry, needs motor trade insurance. This includes car dealerships, mechanics, garages, and auto-repair shops. It is important to note that motor trade insurance is not just for businesses that buy and sell cars; it is also for businesses that specialize in other aspects of the motor trade industry, such as repairing and servicing cars.

Why Do You Need Specialist Motor Trade Insurance?

The motor trade industry is a highly competitive and rapidly evolving sector, and as such, it requires specialist motor trade insurance. This type of insurance is designed to provide comprehensive cover for all aspects of the motor trade industry, including the buying and selling of vehicles, the test driving of vehicles, repairing and servicing vehicles, and providing breakdown services. It is important to get the right type of insurance for your business, as this will ensure that you are properly covered in the event of an accident or other incident.

What Are the Benefits of Specialist Motor Trade Insurance?

Specialist motor trade insurance provides a wide range of benefits, such as tailored cover for specific aspects of your business, competitive premiums, and the ability to add additional cover for additional activities. This type of insurance also allows you to choose the level of cover that is right for your business, so you can be sure that you are properly protected.

Where Can You Find Specialist Motor Trade Insurance?

If you are looking for specialist motor trade insurance, you should start by speaking to a specialist broker. A broker will be able to advise you on the best type of policy for your business, and they will be able to provide you with a range of quotes from a variety of insurers. It is important to compare the different policies and premiums, so that you can be sure that you are getting the best deal for your business.