Insurance for the motortrade
Motor trade insurance is designed to cover people who make a living through the selling, buying, repairing or most other things associated with cars, vans or motorbikes. It doesn’t matter what type of motor trade business you are – big, small, or even part-time – you can get tailored insurance cover to meet your needs, which will ensure you are fully protected and will guarantee you peace of mind.
Whether you are a mobile mechanic, selling cars from home or own a dealership, motor trade insurance tends to be complex and finding a suitable insurance policy for your business can take time and effort. In addition to finding good cover that will guarantee you are protected in any situation, getting one with a reasonable price-tag is also important. Motor trade insurance, such as Staveley Head can help take the weight of finding the best insurance cover at the best possible price. Staveley Head allows you to find the best coverand buy your policy online in minutes – making the process of purchasing motor trade insurance much easier.
Motor trade insurance policies vary in features, premiums and the extent or nature of coverage. They generally cover three different areas: third party only, third party fire and theft and comprehensive. Third party is required by law if you or employees of your business drive a company car or any customer’s vehicle on public roads. This type of policy is the most basic level of coverage and protects you for third party injury third part property damage and third party death caused by any vehicle associated with your business.
Alternatively, a third party fire and theft policy covers you for the aforementioned in addition to damages caused to your businessthrough fire, accidents or theft of vehicles connected to your work.
Finally, comprehensive motor trade insurance policies cover a trader for accidental damages caused to vehicles connected to the motor trade, in addition to the benefits of third party, fire and theft damages.
You can add-on additional features to your policy – such as public liability – if you want to pay the extra and be covered for more. Or you can opt for combined motor insurance, which is designed to protect your entire business. Before deciding on a motor trade insurance policy you should weigh up your requirements against your budget, getting the best policy you can afford.