What is Part Time Motor Trade Insurance?
Even part time motor trade insurance requires the correct policy in order to ensure that all your assets are covered. The last thing that you as a business owner would want to happen is to realise that you are not covered for the correct aspects of your business when you need it the most. Check below for the 3 main types of cover available for part time traders to make sure you understand the details of each policy.
Comprehensive Cover – This type of insurance offers a greater amount of protection for the motor trader. You will be covered if you are involved in a collision, regardless of whether your employees are at fault or not.
Third Party Cover – This type of cover will typically protect any cars that the business owns. You will be legally allowed to work on them. You are also provided cover for collisions where a third party is liable. With third party cover, there is also an option to include fire and theft in the policy
Combined Cover – A combined motor trade policy is a policy that allows the cover of everything related to your business. Combined cover provides insurance for vehicles, premises and assets
The brokers motortraderinsurance.co.uk work with are specialist and have extensive experience within the motor trade industry. Our brokers strive to provide you with competitive quotations and here at motortraderinsurance.co.uk we provide friendly service and a hassle free experience.
2 quick tips to save you money on your premium
- Pay Upfront! – large payments upfront are always favourable to insurers rather than a payment plan split into monthly payments. We understand this isn’t always a viable option for a business which is why our brokers offer flexible payment plans. However, if you are able to pay a large amount upfront, the cost of your insurance should drop considerably.
- Shop around! – you will never know if your quote is competitive if you always stick to one business. You need to shop around the market place in order to see what broker can give you the best price. We understand this can often be time consuming and the processes can be rather long and drawn out, which is why here at Motor Trade Insurance, we do all the hard work for you. Our extensive brokerage network allows us to locate the best broker for you based on the information you have provided. You can phone us knowing we have the best interest of our customer at heart, and that you won’t have to pursue the long and drawn out process of trawling through bundles of brokers trying to find the most suitable policy at the most competitive price.