From Just £499 per Year
The term motor trade insurance or traders insurance is a catch-all phrase that refers to a range of policies aimed at individuals and businesses that are engaged in the motor trade industry.
A fundamental concept in any motor trade policy is the named driver or drivers. If you are self-employed and personally handle all your customer vehicles, you only need the policy to name you as the driver. However, if you operate a pick and drop service, valeting service or some other form of motor trade that requires multiple drivers, you must include the names of all those who may drive your customer’s vehicles. In short, you can opt for single driver motor trade cover or a group cover that protects any driver under your employment.
You need motor trade insurance and possibly many additional covers if you or your company handles customer vehicles in some form or the other. The custody, control, and care of vehicles not registered in your name, including vehicles for sales, demonstration, delivery or collection falls under the realm of motor trade. And, you should have traders insurance to drive or handle customer vehicles on public property or public roads.
You might be a self-employed mechanic, large dealer garage, car valet service or windscreen and tyre fitter service – the law requires all businesses remotely linked with the handling of customer vehicles to have valid and legal third-party insurance. All your insurance and covers including the mandatory road risk together constitute a complete motor trade insurance cover.
The motor trade industry is vast. You can operate a part-time chop shop and qualify for traders insurance or run a chain of car showrooms. Several occupations fall under the heading of motor trade. Rhinosure caters to all motor trade businesses, no matter how large or small yours might be.
Remember, if you do not find your kind of business listed here, ask us for a quote, and one of our representatives will get you sorted out.
When it comes down to the basics, motor trade policy is nothing more than just a legally required road risks insurance with additional covers and extras. Therefore, all motor traders insurance includes the necessary road risk policy, which we then configure into four different categories depending on the level of coverage you need.
Growing a business can be a demanding task. In fact, you may start with a typical road risk cover but soon need holistic companywide combined premises cover with employer liability, public liability, workmen’s compensation, demonstration cover and the likes. Your insurance cover will grow as your business takes root. We can modify and change your existing policy with us such that it matches your growing demands.
Bespoke Policies Are Our Specialty
Give us a call whether you need a new policy or amend your existing policy. Our executives will speak to all our underwriters and insurers to find you a perfect quotation that can then be clubbed into your current policy or used to prepare a whole new cover.
We at Rhinosure believe in fighting for the rights of our clients. That is why we do not work with just one or two insurers. No, we instead deal with many insurers in the UK, irrespective of their size or cost. That is why we can give you the best prices and yet maintain a competitive quotation.
Remember, it isn’t always about the cost but if you can get a competitive quotation without sacrificing cover, why would you not take it? Here at Rhinosure, we provide bespoke traders insurance at the lowest possible price!