Motor Trade Insurance
What Is Motor Trade Insurance?
It is a legal requirement for any motor vehicle to have adequate motor insurance if it is to be used or left on a public highway. Motor Traders therefore need cover in order to be able to legally drive their clients’ vehicles. Motor Trade insurance typically covers the specified person or persons to drive any motor vehicle for motor trade purposes.
Why Choose CRS Consultants for your cover?
CRS Consultants have been established for over 39 years we have experience second to none in all forms of insurance.
Our Motor Trade team are responsible for providing competitive Insurance policies to the whole of the United Kingdom.
We have looked at only offering policies from reputable well known insurance companies to give our customers the peace of mind that all queries or claims can be dealt with in an appropriate manner. Examples of these are Insurers are Aviva, Allianz and NIG.
CRS Consultants take the worry out of finding the right insurance product that suit your needs and generally tailor the cover to make sure that you have the correct level of cover for all eventualities. We have a dedicated team of Commercial specialists from our offices in Cheshire and are all well skilled in all aspects of insurance.
Is UK Motor Trade Insurance right for me?
If your business operates in the motor industry then the answer to the question is definitely yes. If you are a UK resident then this is a must in order to be able to service all your business needs and give you a cutting edge advantage over some of your competitors.
Like the many other motor insurance policies a foreign use extension can be provided to drive in member states of the European Union.
Can I obtain Motor Trade Insurance Online?
Motor trade insurance is available online but at CRS Consultants this is not something that we recommend. The online quote systems generally makes too many assumptions to push the quotation down and may not in fact cover you every need and some of the questions are a little vague with your responses. Many articles have been written by various media publications highlighting that reduced policy benefits and much larger insurance excesses often apply on many online motor trade insurance quotes.
What driving restrictions can I get on my trade insurance policy?
All motor insurance criteria are alike. Driving restrictions for the UK motor trade insurance tend to be:
- Insured Only
- Insured and specified drivers
- Any Driver. These generally are few and far between and are only on offer with experienced existing motor trade businesses
What type of vehicles can I drive on my Motor Trade insurance policy?
We at CRS can cater for all types of vehicles that you require and have special policies in place to cover any vehicle that you wish. The premiums can alter dramatically to cover all these vehicles so working out what the majority of your business types would be will help cut the costs of your motor insurance.
Can I cover my own private car on my motor trader’s insurance policy?
In one word, yes. It is a requirement that you disclose all vehicles in your possession whether for sale or owned for personal use.
What cover can I get for my Motor Trader insurance?
Motor Trader insurance can cover a variety of events, from basic “Road Risks”, which allows you to drive customers’ vehicles, to a more comprehensive solution covering buildings, general contents, stock, vehicles for sale, engineering, plant inspection, Business Interruption (“Loss of Profits”), Public, Products and Employers Liability, Legal Expenses etc… A full examination of your needs will be necessary in order to give you the best possible advice.
Is there an excess when I claim on my UK motor trade insurance policy?
As with most UK motor insurance there is a policy excess in the event of a claim. The excesses are clearly displayed on the motor trade insurance quote and will also be advised by our Commercial team prior to cover commencing. This information is a must on all policies and can also differ from insurers.
We endeavour to provide a quality motor trade insurance product at a very competitive premium. Should you want to speak to a skilled advisor then please contact the office on 01606 48521 for more details or alternatively email your enquiry to info@crs-consultants.co.uk
