Opportunities for part-time work in the motor trade industry is high. Best of all, you don’t need years of training or experience to gain a part-time position in a garage or showroom. However, if you intend to enter the motor trade industry at a young age, regardless of whether you run a fulltime business or work under someone, you need traders insurance for under 25 year olds.
Unfortunately, the insurance industry considers age as a major risk factor since surveys have proven that drivers under 25 years old have a higher propensity for accidents and rash driving. However, let this not bother you because we at Rhinosure work closely with many major insurers in the UK that have customized motor trade insurance under 25 policies. Depending on your specific skillsets, age and experience, we can assure you low prices and high indemnity*
The motor trade industry includes several occupations, many of which can be done on a part-time basis. As there are no practical barriers to entering the motor trade industry, it is quite common for people to take up a related occupation under the age of 25. Most young adults join an existing business as an apprentice but there are times when someone below 25 may want to venture out on his own and start their business. We offer motor trade insurance under 25 years customized to individual requirements, thanks to a network of underwriters and our experience in the industry.
It isn’t just the statistics or insurers who look at your age but also your customers. You might be an ace tyre fitter, but if you look young, you won’t attract that many customers unless you have sufficient motor trade insurance. With the right amount of insurance backing your business up, customers can rest easy knowing their vehicles are in the care of a young professional businessman who knows his trade and cares for their needs.
Additionally, if you want to work in the motor trade insurance at a young age, your employer’s cover might not be adequate. In such a scenario, you will have to take your own traders insurance under 25 policy just to gain employment. The fact is, not many employers cover the cost of insurance for under 25s and to increase your chances of employment, part-time or otherwise, it is best to pay for your insurance.
If you approach insurers directly, many will deny insurance on the grounds of your higher risk profile and those that are willing to cover you may include additional clauses and covers that you never needed in the first place. We are expert insurance brokers tied up with the top insurers of the country can speak on your behalf and find you a perfect insurance plan that includes everything you need until the age of 25 to work in the motor trade industry.
As an independent insurance advisor, we have the advantage of knowing insurers on a personal level and can cut down the wait time involved in getting an under 25’s motor trade insurance plus help you save on the costs by including bespoke covers that you need and nothing more.
Our motor trade insurance under 25 only covers include road risk and several additional riders. If you want to gain employment, then all you need is professional liability protection and road risk. However, if you want to start your own business at a young age, you will have to factor in a lot of other things.
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Give us a call today or request a quotation online to get a customized traders insurance. Our partners entertain young entrepreneurs such as yourself and would love to cover your motor trade business.
Whether you start your garage with friends or hire employees, you will need employers liability, and if you intend to allow customers into your garage, you will need public liability. As long as you operate from home or your residential address, comprehensive road risk policy with fire, theft and complete cover will suffice. However, if you take up a place on rent or lease to run your garage, you should take a business cover with tools and equipment. Our motor trade insurance under 25 schemes are customized depending on the kind of covers you need.
At the very least, you can take road risk cover and be done with it. However, if you actually want to secure your future against any and all risks, you should opt for comprehensive under 25’s motor trade insurance. Give us a call today or ask for a call back and we can get you a trader’s insurance that starts immediately.