Car Trade Insurance
Get a fast quote now for some great value insurance cover
Who needs specialist car trade insurance?
It doesn’t really matter what size of business you have, whether you sell cars from your home or you have a forecourt with a large amount of stock, car trade insurance is an absolute must.
Imagine the impact on your business if your stock was stolen, damaged or destroyed in a fire? Could you carry on trading?
For some impartial advice and a fast quote contact a member of our broking team today on 0330 058 0260.
What is Car Trade Insurance?
Car trade insurance is insurance cover specifically designed to protect people working in the motor trade. It can be tailored to your businesses particular requirements but there are really three core cover areas:
Motor trade road risk insurance
This cover allows you to drive your customers vehicles, which is more than likely to be a requirement in your line of work! As with a standard motor policy, there are three main levels of cover – Third party, Third party fire and theft and Comprehensive.
Motor trade premises insurance
If you have your own trade premises, it makes to insure them. If you have a garage or showroom, and it’s mortgaged, it’s more than likely that having buildings insurance will be a condition of your terms with the mortgage lender. You can include contents on a motor trade premises insurance cover. So any office furniture, computers as well as any tools or machinery you need for the vehicles themselves, can all be covered.
Liability insurance for motor traders
It’s more than likely that you need public and employers liability insurance in place, which provide protection from costs in the event that a member of the public or one of your workers allege that they have suffered loss, injury, illness (or worse) as a result of your business activities.
Talk to a member of our specialist insurance broking team today
What is typically covered by a car traders Insurance policy?
A typical car traders insurance policy would include basic business or traders protections, in addition to any of the following:
Carriage and/or recovery of vehicles cover – protecting against loss when transporting a vehicle
- Demonstration cover – protecting against loss or liability whilst a potential customer is test driving a vehicle
- Employee liability cover – protecting your business if an employee is injured in an accident on the job
- Multiple premises cover – protecting any or all of the places where you do business or store your stock
- Stock (vehicles) cover – protecting you against loss, damage or theft of your stock
- Tool or equipment cover – protecting you if your tools are damaged or stolen
Public liability, protecting you from claims made by members of the public
Why choose Real insurance for my Car Traders Insurance cover?
Because we have years of experience helping part time and full time clients in the motor trade understand the dangers they face, and then finding them a policy that protects them well without costing the moon.
Real insurance Brokers take the time to understand everything about your business, no matter which scale you operate on. We learn your business position is, what your regulatory and compliance position is, and how you really make your money. Then we can recommend several excellent products from reputable insurers that will do what you need them to.