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Specialist Motor Trade Insurance

We can provide insurance for anyone involved with the sale or repair of motor vehicles as a business. Motor Traders businesses’ can vary greatly in terms of scale and trade activity. For example you might:

  • Own or manage a car dealership
  • Be a specialist in commercial vehicle sales
  • Run an auction house that deals with a range of vehicles
  • Manage a repair shop
  • Need a motor mechanic insurance policy

Comparing Quotes

At Plan Insurance Brokers, we can guide you through the process of finding the right Motor Traders Insurance policy at a competitive price and help keep your business motoring. Call our team now on 0333 003 0042 or click Call Me Now to discuss your insurance requirements further.

Compare with Plan

  • Over 25 years experience
  • Specialists in the field
  • Tailored insurance policies
  • Highly trained staff

 

Award Winning UK Business

Harry Charles, Spraytech Managing Director

"I've been using Plan Insurance Brokers for about 10 years - the service is fantastic, the people that work there are brilliant"

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 Motor Trade Insurance Questions – answered by the specialists

Who needs Motor Trade Insurance?

Motor Traders businesses’ can vary greatly in terms of scale and trade activity. For example you might:

  • Own or manage a car dealership
  • Be a specialist in commercial vehicle sales
  • Run an auction house that deals with a range of vehicles
  • Manage a repair shop

A properly considered Motor Trade insurance policy will recognise the key aspects of your motor trade business that need to be protected by the policy you take out.

For instance, the number and location of vehicles that are kept overnight, the value of the specialist diagnostic equipment you keep on your premises and whether you are running the business part time from your home rather than from a commercial building all important factors.

At Plan Insurance Brokers, we can guide you through the process of finding the right Motor Traders Insurance policy at a competitive price and help keep your business motoring.

Call our team now on 0333 003 0042 or click Call Me Now to discuss your insurance requirements further.

Can I get motor trade insurance without premises cover?

Arranging motor trade insurance without premises is not a problem. The insurance industry calls this a road risk only policy. If you are trading from home cover can be tailored to reflect your exact circumstances. If you need insurance for a new motor trade business buying and selling cars this is likely to be the right option for you. Likewise it would make no sense for a mobile mechanic with motor trade insurance to have to pay for premises cover that they do not require.

Can I get Part Time Motor Trade Insurance?

Will offer part time traders policies from many insurers. If you’re not full time in the business or work from home, the likelihood is that the risk profile will be different in the eyes of an insurer. It’s likely that you will carry fewer stock vehicles and the ones you do have will be of a lower value. Part Time Car Trade cover is often cheaper as pay for the level of cover you need, but no more.

Do you offer motor trade insurance for self employed traders?

Motor trade insurance for self employed traders is widely available. Some insurers prefer that you do not have a secondary occupation but self employed status presents no obstacles.

Can I get cover for tools on motor trade insurance? 

If you need to get insurance cover for your motor trade tools you can do so either as part of a motor trade combined policy or a liabilities package. You should ask our team to help you select the right option. Cover is relatively low cost in comparison to how crucial your tool might be to your livelihood. However you need to be made aware that certain policies will impose security requirements.

Will you offer motor trade insurance for bikes and cars?

If you require cover for motor bikes as well as cars then you should inform our team when you contact us for a quote. Bikes can be included on a motor trade policy without a problem. Though some insurers prefer not to cover them. So we will need to know at the outset of your policy to make sure we arrange the most suitable policy for you.

If you work in the motor trade away from business premises:

If you’re a company or individual working in the motor trade from a site that’s not your home address, we can arrange a Motor Trade Combined Insurance Policy. This Motor Trade Premises Insurance Policy will provide cover for a range of risks to keep your mind at ease.

Motor Trade Combined Insurance

This can offer insurance cover for a variety of possibilities in regards to your business needs. Here are a few examples: Your buildings, stock, machinery, tools, computer equipment, vehicles at premises. Employer’s liability, public & product liability, service indemnity. Goods, stocks and vehicles in transit. Any driver on yours and your customer’s vehicles of high value on the road.

Motor Trade Premises Policy

If you are looking to insure your motor trade premises, we would recommend a Motor Trade Combined policy. As listed above, there are multiple reasons why this is a suitable option for businesses who need to cover for a range of risks. You will find it convenient having all your cover on one policy, and can even be the most effective was to insure your business.

Can you give me a motor trade insurance definition?

A motor trade insurance (often referred to as a road risk insurance) policy will provide cover for anyone named on a policy to legally drive vehicles in connection with the purposes of motor trade.  These may be vehicles owned by the policy holder or customers vehicles.

Cover can be extended to cover risks at trade premises such as stock of vehicles, buildings, liabiliites and tools.

Call our team now on 0333 003 0042 or click Call Me Now to discuss your insurance requirements further. We will find a road risk policy to best suit your needs. You can complete our simple online motor trade quote form.

 

Spouse cover on a motor trade policy

We’re often asked can I add my wife/partner onto my motor trade policy? Most Motor Trade Insurers will allow you to add a spouse or partner to your policy for motor trade insurance use with SD&P cover as well. However if you only require them to driver for social, domestic and pleasure use some insurers may offer a reduced premium if you exclude them from driving for Motor Trade purposes.

Vehicles owned and registered to additional drivers will often be excluded from cover on a trade policy. So if this is the case with your spouse or partner’s vehicle it is well worth checking this point with your sales agent.

If you have further questions regarding a insurance quote for car trading or would like to compare trade policies then contact our team of experts on 0333 003 0042 now or request a Call Back.

With over 25 years of experience and an excellent relationship with our insurers, we are dedicated to keeping your business motoring.

What cover does a Traders Insurance policy provide?

Traders Insurance Policy is designed specifically for people who work as car traders or anyone operating a business trading larger or more specialist vehicles. For these purposes a motor trade insurance offers many benefits.

As a vehicle trader, you will be aware that there are specific insurance processes that you must adhere to by law and your traders policy will help you meet the demands of the motor insurance database.

If you are eligible for a combined Traders Insurance policy cover benefits can include:

  • Trade Value – If the loss is of your own vehicle, the trade value cost is covered. If it is a customer vehicle then retail price can be paid out.
  • Business Driving Cover – Under a Traders Policy Social domestic and recreational driving will not be covered on customer’s vehicles.
  • Motor trade insurance with additional business use – can be arranged to cover driving in connection with other occupations outside of the
  • Any employed driver aged 18-80
  • Extensive optional combined Traders policy
  • Wind Screen Cover is not included in a Road Risk policy

Do you offer motor trade insurance with convictions?

If you have criminal convictions or points on your licence as a convicted driver our team can arrange cover. Please be sure to disclose the nature of your offence at the outset of the quotation process. It is worth noting that insurers will charge more for motor trade policies that cover drink drivers and other those with other disqualifications. There will also be less insurers offering quotations to select from. For these reason premiums will not be as low cost as hoped.

Do you offer motor trade insurance in Northern Ireland?

Unfortunately we do not provide cover for proposers based in Northern Ireland or the Republic of Ireland.

Do you provide motor trade insurance for vehicle valeters?

Vehicle valeters are eligible for motor trade insurance. You may be required to provide proof of trading. Examples of evidence that insurers will accept includes invoices for work carried out, purchases of cleaning products and receipts for any business advertising you’ve paid for.

Specific Exclusions under a Traders Insurance Policy

Be aware of specific exclusions under a Traders Insurance policy. For example, some policies don’t automatically cover vehicles that are being stored on your premises. Nonetheless, Plan can also quote for any required additional covers including:

  • Employers Liability
    If you employ any staff in the UK, it is a legal requirements to have EL Insurance.
  • Public Liability
    Should a customer or member of the public injure themselves or worse when in your work place.
  • Tools Cover
    If a piece of equipment were to break down or be stolen preventing you from carrying out your work.
  • Buildings Cover
    In case any damage should occur to your property, whether this be accidental damage, fire or flood.

To discuss all cover available to you, or to compare Traders Insurance, request a Call Back from one of our highly skilled insurance advisers.

Plan has over 25 years experience in the insurance industry with a specialism in the car trade.

Alternatively you can call us directly on 0333 003 0048 to arrange the right cover for you in minutes.

  • Who needs Motor Trade Insurance?

    Who needs Motor Trade Insurance?

    Motor Traders businesses’ can vary greatly in terms of scale and trade activity. For example you might:

    • Own or manage a car dealership
    • Be a specialist in commercial vehicle sales
    • Run an auction house that deals with a range of vehicles
    • Manage a repair shop

    A properly considered Motor Trade insurance policy will recognise the key aspects of your motor trade business that need to be protected by the policy you take out.

    For instance, the number and location of vehicles that are kept overnight, the value of the specialist diagnostic equipment you keep on your premises and whether you are running the business part time from your home rather than from a commercial building all important factors.

    At Plan Insurance Brokers, we can guide you through the process of finding the right Motor Traders Insurance policy at a competitive price and help keep your business motoring.

    Call our team now on 0333 003 0042 or click Call Me Now to discuss your insurance requirements further.

  • Motor Trade Insurance without premises

    Can I get motor trade insurance without premises cover?

    Arranging motor trade insurance without premises is not a problem. The insurance industry calls this a road risk only policy. If you are trading from home cover can be tailored to reflect your exact circumstances. If you need insurance for a new motor trade business buying and selling cars this is likely to be the right option for you. Likewise it would make no sense for a mobile mechanic with motor trade insurance to have to pay for premises cover that they do not require.

    Can I get Part Time Motor Trade Insurance?

    Will offer part time traders policies from many insurers. If you’re not full time in the business or work from home, the likelihood is that the risk profile will be different in the eyes of an insurer. It’s likely that you will carry fewer stock vehicles and the ones you do have will be of a lower value. Part Time Car Trade cover is often cheaper as pay for the level of cover you need, but no more.

    Do you offer motor trade insurance for self employed traders?

    Motor trade insurance for self employed traders is widely available. Some insurers prefer that you do not have a secondary occupation but self employed status presents no obstacles.

    Can I get cover for tools on motor trade insurance? 

    If you need to get insurance cover for your motor trade tools you can do so either as part of a motor trade combined policy or a liabilities package. You should ask our team to help you select the right option. Cover is relatively low cost in comparison to how crucial your tool might be to your livelihood. However you need to be made aware that certain policies will impose security requirements.

    Will you offer motor trade insurance for bikes and cars?

    If you require cover for motor bikes as well as cars then you should inform our team when you contact us for a quote. Bikes can be included on a motor trade policy without a problem. Though some insurers prefer not to cover them. So we will need to know at the outset of your policy to make sure we arrange the most suitable policy for you.

  • If you work in the motor trade from business premises

    If you work in the motor trade away from business premises:

    If you’re a company or individual working in the motor trade from a site that’s not your home address, we can arrange a Motor Trade Combined Insurance Policy. This Motor Trade Premises Insurance Policy will provide cover for a range of risks to keep your mind at ease.

    Motor Trade Combined Insurance

    This can offer insurance cover for a variety of possibilities in regards to your business needs. Here are a few examples: Your buildings, stock, machinery, tools, computer equipment, vehicles at premises. Employer’s liability, public & product liability, service indemnity. Goods, stocks and vehicles in transit. Any driver on yours and your customer’s vehicles of high value on the road.

    Motor Trade Premises Policy

    If you are looking to insure your motor trade premises, we would recommend a Motor Trade Combined policy. As listed above, there are multiple reasons why this is a suitable option for businesses who need to cover for a range of risks. You will find it convenient having all your cover on one policy, and can even be the most effective was to insure your business.

  • Motor Trade Insurance definition

    Can you give me a motor trade insurance definition?

    A motor trade insurance (often referred to as a road risk insurance) policy will provide cover for anyone named on a policy to legally drive vehicles in connection with the purposes of motor trade.  These may be vehicles owned by the policy holder or customers vehicles.

    Cover can be extended to cover risks at trade premises such as stock of vehicles, buildings, liabiliites and tools.

    Call our team now on 0333 003 0042 or click Call Me Now to discuss your insurance requirements further. We will find a road risk policy to best suit your needs. You can complete our simple online motor trade quote form.

     

  • Spouse cover on a Motor Trade policy

    Spouse cover on a motor trade policy

    We’re often asked can I add my wife/partner onto my motor trade policy? Most Motor Trade Insurers will allow you to add a spouse or partner to your policy for motor trade insurance use with SD&P cover as well. However if you only require them to driver for social, domestic and pleasure use some insurers may offer a reduced premium if you exclude them from driving for Motor Trade purposes.

    Vehicles owned and registered to additional drivers will often be excluded from cover on a trade policy. So if this is the case with your spouse or partner’s vehicle it is well worth checking this point with your sales agent.

    If you have further questions regarding a insurance quote for car trading or would like to compare trade policies then contact our team of experts on 0333 003 0042 now or request a Call Back.

    With over 25 years of experience and an excellent relationship with our insurers, we are dedicated to keeping your business motoring.

  • What cover does a Traders Insurance policy provide?

    What cover does a Traders Insurance policy provide?

    Traders Insurance Policy is designed specifically for people who work as car traders or anyone operating a business trading larger or more specialist vehicles. For these purposes a motor trade insurance offers many benefits.

    As a vehicle trader, you will be aware that there are specific insurance processes that you must adhere to by law and your traders policy will help you meet the demands of the motor insurance database.

    If you are eligible for a combined Traders Insurance policy cover benefits can include:

    • Trade Value – If the loss is of your own vehicle, the trade value cost is covered. If it is a customer vehicle then retail price can be paid out.
    • Business Driving Cover – Under a Traders Policy Social domestic and recreational driving will not be covered on customer’s vehicles.
    • Motor trade insurance with additional business use – can be arranged to cover driving in connection with other occupations outside of the
    • Any employed driver aged 18-80
    • Extensive optional combined Traders policy
    • Wind Screen Cover is not included in a Road Risk policy

    Do you offer motor trade insurance with convictions?

    If you have criminal convictions or points on your licence as a convicted driver our team can arrange cover. Please be sure to disclose the nature of your offence at the outset of the quotation process. It is worth noting that insurers will charge more for motor trade policies that cover drink drivers and other those with other disqualifications. There will also be less insurers offering quotations to select from. For these reason premiums will not be as low cost as hoped.

    Do you offer motor trade insurance in Northern Ireland?

    Unfortunately we do not provide cover for proposers based in Northern Ireland or the Republic of Ireland.

    Do you provide motor trade insurance for vehicle valeters?

    Vehicle valeters are eligible for motor trade insurance. You may be required to provide proof of trading. Examples of evidence that insurers will accept includes invoices for work carried out, purchases of cleaning products and receipts for any business advertising you’ve paid for.

  • Specific Exclusions under a Traders Insurance Policy

    Specific Exclusions under a Traders Insurance Policy

    Be aware of specific exclusions under a Traders Insurance policy. For example, some policies don’t automatically cover vehicles that are being stored on your premises. Nonetheless, Plan can also quote for any required additional covers including:

    • Employers Liability
      If you employ any staff in the UK, it is a legal requirements to have EL Insurance.
    • Public Liability
      Should a customer or member of the public injure themselves or worse when in your work place.
    • Tools Cover
      If a piece of equipment were to break down or be stolen preventing you from carrying out your work.
    • Buildings Cover
      In case any damage should occur to your property, whether this be accidental damage, fire or flood.

    To discuss all cover available to you, or to compare Traders Insurance, request a Call Back from one of our highly skilled insurance advisers.

    Plan has over 25 years experience in the insurance industry with a specialism in the car trade.

    Alternatively you can call us directly on 0333 003 0048 to arrange the right cover for you in minutes.

 Why compare Motor Trade Cover with Plan Insurance Brokers?

Why compare Motor Traders Insurance with Plan Insurance Brokers?

Whether you’re a full or part time car trader, are involved with vehicle sales, mobile mechanical repairs, valeting, perform servicing or provide a breakdown service, we can arrange tailored cover to suit your needs.

We are independent brokers who are dedicated to finding the right insurance policy that is tailored to your company’s needs. Our highly trained team of experts are available to correspond through email and over the phone from our UK based offices.

We aim to understand your business as well as we do our own, ensuring that you have the right cover for your needs.

Motor trade insurance for classic car dealers can be arranged at competitive rates.

Get quotes for Traders Insurance now. Call a member of our team today on 0333 003 0048 or request a Call Back here.

 

A range of quotes from a panel of trusted insurers

We work with an extensive panel of insurer partners. They include: Aviva, Allianz, AXA, LV (formerly Liverpool Victoria), NIG, Tradewise, Tradex. The motor trade insurance companies enable us to arrange highly tailored insurance cover at competitive premiums for our clients. If you’ve traded claims free for one year or more we’ll be able to secure you a significant discount.

You can see the list of our insurer partners, and find their policy documents and wordings by clicking this link.

Will you quote me today for motor trade insurance?

Although its not possible to provide an instant online quote for motor trade insurance we do offer a very quick turn around. Often quotes can be supplied in under 10 minutes. This does depend on the level of demand at the time we receive your quotation request.

Do you offer the cheapest motor trade insurance quotes?

At Plan we offer very competitive premiums. However we prefer to offer great value cover rather than cheap policies that cut corners. The cheapest cover is not always the most cost effective in the long run.

As Insurance Brokers our customers are our first priority.

We prioritise expert advice and specialist knowledge, so that we can tailor a policy for you, and for your specific business needs. Our highly trained team will keep you informed every step of the way – from when you take out the policy, to renewal and even managing your claim should anything happen.

You can speak with our advisors over the phone by calling 0333 003 0042, or via email here and we will get back to you presently.

Insurance Brokers for over 25 years

Established back in 1989 by Peter Georgiades and his eldest son Scott, the family run insurance business has grown from strength to strength. Over the following decades, Peter’s two other sons joined the family business, each one bringing valuable experience, enthusiasm and new ideas to move the business forward.

The business was given a new name – Plan Insurance Brokers, with the addition of a further product line Trade Plan Insurance into the specialism of commercial motor insurance.

Since then, Plan Insurance grew, with numerous successful product lines in the commercial motor insurance market. With significant financial investment in the business to build bespoke in-house computer systems and their innovate use of technology, Plan Insurance developed further.

In 2015 the company underwent a brand re-fresh, where the multiple product line sub-brands were bought together under the principle brand name, Plan Insurance Brokers. With this came a reworked logo and a modernised website, but with the same specialist, expert service and personal touch that come from a family run business. Find out more about Plan Insurance Brokers here.

  • Why compare Traders Insurance with Plan Insurance Brokers?

    Why compare Motor Traders Insurance with Plan Insurance Brokers?

    Whether you’re a full or part time car trader, are involved with vehicle sales, mobile mechanical repairs, valeting, perform servicing or provide a breakdown service, we can arrange tailored cover to suit your needs.

    We are independent brokers who are dedicated to finding the right insurance policy that is tailored to your company’s needs. Our highly trained team of experts are available to correspond through email and over the phone from our UK based offices.

    We aim to understand your business as well as we do our own, ensuring that you have the right cover for your needs.

    Motor trade insurance for classic car dealers can be arranged at competitive rates.

    Get quotes for Traders Insurance now. Call a member of our team today on 0333 003 0048 or request a Call Back here.

     

    A range of quotes from a panel of trusted insurers

    We work with an extensive panel of insurer partners. They include: Aviva, Allianz, AXA, LV (formerly Liverpool Victoria), NIG, Tradewise, Tradex. The motor trade insurance companies enable us to arrange highly tailored insurance cover at competitive premiums for our clients. If you’ve traded claims free for one year or more we’ll be able to secure you a significant discount.

    You can see the list of our insurer partners, and find their policy documents and wordings by clicking this link.

    Will you quote me today for motor trade insurance?

    Although its not possible to provide an instant online quote for motor trade insurance we do offer a very quick turn around. Often quotes can be supplied in under 10 minutes. This does depend on the level of demand at the time we receive your quotation request.

    Do you offer the cheapest motor trade insurance quotes?

    At Plan we offer very competitive premiums. However we prefer to offer great value cover rather than cheap policies that cut corners. The cheapest cover is not always the most cost effective in the long run.

  • *Free £100,000 legal expenses cover

    *Free £100,000 legal expenses cover

    Plan Insurance Brokers motor policies incorporate up to £100,000 in legal expenses cover to fully protect you against uninsured losses.

    Plan will oversee the recovery of your out of pocket expenses. Free legal cover is an exclusive service for clients who have taken out a motor trade policy with Plan Insurance Brokers. Our legal cover comes as an element of a full accident management service.

    Competitors may charge you over a considerable amount for these services. However at Plan our overriding ambition is to keep your business motoring. For that reason our full accident management service is included free when you take out any motor policy with Plan Insurance Brokers.

    If you want to find out more about our Legal Cover, please see our Legal Cover page for further details, and see how the benefits of our claims management service will help your motor trade business. Speak to one of our highly trained agents over the phone, call us on 0333 003 0042, or send us an email with your enquiry email here.

    * Your policy will cover the recovery of 100% of any out of pocket expenses that are deemed reasonable. Such as; your policy excess, transportation costs including taxi fares or hire car charges, loss of earnings etc. Highly trained team

  • Customers are our first priority

    As Insurance Brokers our customers are our first priority.

    We prioritise expert advice and specialist knowledge, so that we can tailor a policy for you, and for your specific business needs. Our highly trained team will keep you informed every step of the way – from when you take out the policy, to renewal and even managing your claim should anything happen.

    You can speak with our advisors over the phone by calling 0333 003 0042, or via email here and we will get back to you presently.

  • Insurance Brokers for over 25 years

    Insurance Brokers for over 25 years

    Established back in 1989 by Peter Georgiades and his eldest son Scott, the family run insurance business has grown from strength to strength. Over the following decades, Peter’s two other sons joined the family business, each one bringing valuable experience, enthusiasm and new ideas to move the business forward.

    The business was given a new name – Plan Insurance Brokers, with the addition of a further product line Trade Plan Insurance into the specialism of commercial motor insurance.

    Since then, Plan Insurance grew, with numerous successful product lines in the commercial motor insurance market. With significant financial investment in the business to build bespoke in-house computer systems and their innovate use of technology, Plan Insurance developed further.

    In 2015 the company underwent a brand re-fresh, where the multiple product line sub-brands were bought together under the principle brand name, Plan Insurance Brokers. With this came a reworked logo and a modernised website, but with the same specialist, expert service and personal touch that come from a family run business. Find out more about Plan Insurance Brokers here.

 What else can a Motor Trade Combined Insurance Policy include?

Motor Trade Liability Insurance

The Employers Liability Act 1989 means that you must have at least a minimum level of insurance cover against any claims that you may incur in the event of an employee’s injury or illness as a result of their time whilst working in your employment.

An employee might try to claim compensation from you if they feel you are responsible for any injuries or losses that occur whilst under your employment.

This act makes Employers Liability Insurance a compulsory requirement by UK law – even if you employ people on a voluntary or part-time motor trading basis.

Employers Liability Insurance will enable you to meet the cost of compensation in the event of injury or illness, whether they are cause on or off your business premises. Read more about Employer’s Liability on our FAQ page.

If you would like any assistance with your insurance requirements, or to discuss any questions you may have please give us a call on 0333 003 0042 Alternatively, you can submit a Call Me Now request and an member of our expert team will get back to you shortly.

Motor Trade Public Liability Insurance

This will provide you with the cover your business needs for possible incidents you may encounter with a client or a member of public in the undertaking of your day-to-day business activities.

With a Motor Trade Public Liability insurance policy, you can cover any awards of damages given to a member of the public or a client due to damage of their property or injury caused by your or your motor trade business. In addition this covers any associated legal fees, costs and expenses, along with any hospital treatment (including ambulance costs) should the NHS need to claim from you.

Where Employers Liability Insurance is compulsory, Public Liability Insurance is in general voluntary. Some types of businesses – horse riding establishments for example – are required by law to have public liability insurance in place. Many of your customers and potential customers would like to see proof of adequate insurance before they will permit you to work for them.

Your Public Liability insurance can be arranged as part of a package insurance policy, as an optional addition. We advise that you call Plan Insurance Brokers to speak to a specialist account handler to tailor a Liability policy to your business. You can read more about Motor Trade Public Liability Insurance on our FAQ pages. Call us on 0333 003 0043 or click Call Me Now to speak to an expert account handler.

Product Liability Insurance

This insurance cover would protect your motor trade business should a product cause injury or damage to a client or a member of the public, or their property. As a business owner you have a responsibility to your clients and although this cover is voluntary, a product liability policy along with public liability insurance could save your business a lot of money in the long term.

Fill in our Online Quote form here now.

For more information and to speak to an expert advisor, call us on 0333 003 0043 or request a Call Back.

Defective Workmanship

Defective Workmanship or Sales Indemnity insurance is usually purchased by motor traders as an extension to a Public Liability Insurance policy. We recommend our Motor Trade customers seriously consider the peace of mind which these policies can bring whether you are involved in vehicle repairs or sales.

It is important to note how Defective Workmanship insurance actually operates as it can be a little confusing if you do not work in the insurance industry. Put simply it will provide cover for damage or injury caused as a result of your faulty workmanship but not the damage to the part which was supplied or worked on.

Defective workmanship cover in practice

As an example; Your employee carries out a simple brake pad and disc replacement on a customer’s car. However he/she fails to correctly tighten the nuts to secure the parts. The customer drives off down the road and after using the brakes a few times they fail and cause the customer to crash into a tree. In this instance a defective workmanship policy will cover the resultant damage i.e. the repairs to the vehicle. However it will not cover the cost to put right the defective work i.e. it will not pay to correctly and securely re-fit the brakes.

Without this type of insurance the likely chain of events would consist of your customer claiming for the damaged car from their vehicle insurer who, after investigating the cause of the claim, would instruct their solicitors to recover their costs from you. This is the point in time you hope the customer’s vehicle is not a Bentley. With a Defective Workmanship policy in hand however you can simply pass the claim to your insurers who will deal with the investigations and if legitimate, settle the third parties claim.

For more information or to request a quotation for a Defective Workmanship liability policy simply call 0333 003 0043 or click Call Me Now to speak to one of our expert team.

Sales & Service Indemnity Insurance

If your motor trade business includes the selling of your expertise – your knowledge or skills, you may want to consider a Sales & Service Indemnity Insurance policy. This policy will protect you against any compensation sort by a client, for any mistakes you have been found to have made – or if you are found to be negligent.

It would also cover any legal costs that may incur. If you are taking out a Sales and Service Indemnity Insurance policy for the first time, the insurer will normally exclude any claims that arise from work carried out before the policy begins.

A policy can usually be extended to include past cover. Plan Insurance Brokers can help you do this. If you have any questions about a Professional Sales and Service Indemnity Insurance for your motor trade business, or if you have any questions, read more on our FAQ page here. Alternatively, call us on 0333 003 0043 or ask for a Call Back.

Who needs Motor Trade Combined insurance?

Running a business can be time consuming and hectic, and that’s without thinking about the various types of insurance you need to carry out day to day.

Motor Trade Combined Policy can pull together all of the different insurance types you may need into one policy.

This can be a cost effective way of insuring your company, with the added benefit of only having one renewal date to remember.

Plan Insurance Brokers are specialists in Motor Trade Insurance with years of industry experience. The team can assess the risks that your company faces and will create a bespoke policy to suit your needs.

Call Plan Insurance Brokers now on 0333 003 0051 or request a Call Back to discuss your Car Traders Combined Insurance.

What does Motor Trade Combined insurance cover?

This policy can be arranged to cover everything from Employers Liability to Buildings Premises Insurance.

However, at Plan, we understand how every business is different, and therefore every businesses’ insurance requirements are different. We can tailor a policy to reflect this.

A typical policy can be arranged to include cover for:

  • Buildings, contents, money and vehicles at motor trade premises.
  • Employers liability, public liability & service indemnity
  • Cover for service, repair, sales, dealerships and MOT stations
  • Road risk cover, goods in transit, loss or damage to tools & equipment

Being Motor Trade Insurance specialists, our experience has allowed us to streamline numerous risk presentation forms into one question set – meaning that we can get you on cover in minutes with as little hassle as possible.

Other benefits of taking out a policy with Plan Insurance Brokers are:

  • No requisite for a pre-quote site visit
  • Instant expert assessment of your risk over the phone
  • Quotes from several leading insurers with one form
  • Free £50,000 legal expenses
  • Complete claims management service
  • Low rates & flexible payment options

Do I need a Motor Trade Combined Policy?

If you are an individual or a company involved in the motor trade operating from premises away from your home address then it makes sense to take out a Motor Trade Combined Policy or Motor Trade Premises Policy.

A Motor Trade Combined Policy can provide you cover for a range risks including cover for:

  • Any driver for your own & customers vehicles with an unlimited indemnity on the road
  • Your buildings, stock, plant & machinery, portable hand tools, computer equipment, Vehicles at premises
  • Business interruption
  • Employers liability, public & product liability, service indemnity
  • Cash in transit & at premises
  • Engineering inspection
  • Goods, stock and vehicles in transit
  • Personal accident for proprietors and employees
  • Loss of MOT license
  • Wrongful conversion
  • Additional business use

If you simply want cover for vehicles whilst they are being driven and at whilst they are at your premises this can be arranged on a arranged on a Road Risk policy with a vehicle at trade premises extension .

Road Risk only policies are designed with traders working from home in mind. If you trade from premises but have separate policies to cover your road risks, liabilities, tools and anything else you need covered in place and would prefer a road risk only policy we can arrange this for you.

It is worth bearing in mind that most road risk only policies will exclude cover for vehicles within 400 meters of your trade premises.

Cover can be extended on some road risk policies to include vehicles at trade premises, although it is not always as comprehensive or competitively priced as on a motor trade combined insurance policy.

If you have motor trade premises we would always recommend a Motor Trade Combined Policy. With a Motor Trade Premises Policy you will not only find it more convenient having all your cover on one policy but it can also be the most cost effective way to insure your business.

To discuss your requirements call our team on 0333 003 0051 or arrange a Call Back.

  • Motor Trade Liability Insurance

    Motor Trade Liability Insurance

    The Employers Liability Act 1989 means that you must have at least a minimum level of insurance cover against any claims that you may incur in the event of an employee’s injury or illness as a result of their time whilst working in your employment.

    An employee might try to claim compensation from you if they feel you are responsible for any injuries or losses that occur whilst under your employment.

    This act makes Employers Liability Insurance a compulsory requirement by UK law – even if you employ people on a voluntary or part-time motor trading basis.

    Employers Liability Insurance will enable you to meet the cost of compensation in the event of injury or illness, whether they are cause on or off your business premises. Read more about Employer’s Liability on our FAQ page.

    If you would like any assistance with your insurance requirements, or to discuss any questions you may have please give us a call on 0333 003 0042 Alternatively, you can submit a Call Me Now request and an member of our expert team will get back to you shortly.

  • Motor Trade Public Liability Insurance

    Motor Trade Public Liability Insurance

    This will provide you with the cover your business needs for possible incidents you may encounter with a client or a member of public in the undertaking of your day-to-day business activities.

    With a Motor Trade Public Liability insurance policy, you can cover any awards of damages given to a member of the public or a client due to damage of their property or injury caused by your or your motor trade business. In addition this covers any associated legal fees, costs and expenses, along with any hospital treatment (including ambulance costs) should the NHS need to claim from you.

    Where Employers Liability Insurance is compulsory, Public Liability Insurance is in general voluntary. Some types of businesses – horse riding establishments for example – are required by law to have public liability insurance in place. Many of your customers and potential customers would like to see proof of adequate insurance before they will permit you to work for them.

    Your Public Liability insurance can be arranged as part of a package insurance policy, as an optional addition. We advise that you call Plan Insurance Brokers to speak to a specialist account handler to tailor a Liability policy to your business. You can read more about Motor Trade Public Liability Insurance on our FAQ pages. Call us on 0333 003 0043 or click Call Me Now to speak to an expert account handler.

    Product Liability Insurance

    This insurance cover would protect your motor trade business should a product cause injury or damage to a client or a member of the public, or their property. As a business owner you have a responsibility to your clients and although this cover is voluntary, a product liability policy along with public liability insurance could save your business a lot of money in the long term.

    Fill in our Online Quote form here now.

    For more information and to speak to an expert advisor, call us on 0333 003 0043 or request a Call Back.

  • Defective Workmanship

    Defective Workmanship

    Defective Workmanship or Sales Indemnity insurance is usually purchased by motor traders as an extension to a Public Liability Insurance policy. We recommend our Motor Trade customers seriously consider the peace of mind which these policies can bring whether you are involved in vehicle repairs or sales.

    It is important to note how Defective Workmanship insurance actually operates as it can be a little confusing if you do not work in the insurance industry. Put simply it will provide cover for damage or injury caused as a result of your faulty workmanship but not the damage to the part which was supplied or worked on.

    Defective workmanship cover in practice

    As an example; Your employee carries out a simple brake pad and disc replacement on a customer’s car. However he/she fails to correctly tighten the nuts to secure the parts. The customer drives off down the road and after using the brakes a few times they fail and cause the customer to crash into a tree. In this instance a defective workmanship policy will cover the resultant damage i.e. the repairs to the vehicle. However it will not cover the cost to put right the defective work i.e. it will not pay to correctly and securely re-fit the brakes.

    Without this type of insurance the likely chain of events would consist of your customer claiming for the damaged car from their vehicle insurer who, after investigating the cause of the claim, would instruct their solicitors to recover their costs from you. This is the point in time you hope the customer’s vehicle is not a Bentley. With a Defective Workmanship policy in hand however you can simply pass the claim to your insurers who will deal with the investigations and if legitimate, settle the third parties claim.

    For more information or to request a quotation for a Defective Workmanship liability policy simply call 0333 003 0043 or click Call Me Now to speak to one of our expert team.

  • Sales & Service Indemnity Insurance

    Sales & Service Indemnity Insurance

    If your motor trade business includes the selling of your expertise – your knowledge or skills, you may want to consider a Sales & Service Indemnity Insurance policy. This policy will protect you against any compensation sort by a client, for any mistakes you have been found to have made – or if you are found to be negligent.

    It would also cover any legal costs that may incur. If you are taking out a Sales and Service Indemnity Insurance policy for the first time, the insurer will normally exclude any claims that arise from work carried out before the policy begins.

    A policy can usually be extended to include past cover. Plan Insurance Brokers can help you do this. If you have any questions about a Professional Sales and Service Indemnity Insurance for your motor trade business, or if you have any questions, read more on our FAQ page here. Alternatively, call us on 0333 003 0043 or ask for a Call Back.

  • Who needs Motor Trade Combined insurance?

    Who needs Motor Trade Combined insurance?

    Running a business can be time consuming and hectic, and that’s without thinking about the various types of insurance you need to carry out day to day.

    Motor Trade Combined Policy can pull together all of the different insurance types you may need into one policy.

    This can be a cost effective way of insuring your company, with the added benefit of only having one renewal date to remember.

    Plan Insurance Brokers are specialists in Motor Trade Insurance with years of industry experience. The team can assess the risks that your company faces and will create a bespoke policy to suit your needs.

    Call Plan Insurance Brokers now on 0333 003 0051 or request a Call Back to discuss your Car Traders Combined Insurance.

  • What does Motor Trade Combined insurance cover?

    What does Motor Trade Combined insurance cover?

    This policy can be arranged to cover everything from Employers Liability to Buildings Premises Insurance.

    However, at Plan, we understand how every business is different, and therefore every businesses’ insurance requirements are different. We can tailor a policy to reflect this.

    A typical policy can be arranged to include cover for:

    • Buildings, contents, money and vehicles at motor trade premises.
    • Employers liability, public liability & service indemnity
    • Cover for service, repair, sales, dealerships and MOT stations
    • Road risk cover, goods in transit, loss or damage to tools & equipment

    Being Motor Trade Insurance specialists, our experience has allowed us to streamline numerous risk presentation forms into one question set – meaning that we can get you on cover in minutes with as little hassle as possible.

    Other benefits of taking out a policy with Plan Insurance Brokers are:

    • No requisite for a pre-quote site visit
    • Instant expert assessment of your risk over the phone
    • Quotes from several leading insurers with one form
    • Free £50,000 legal expenses
    • Complete claims management service
    • Low rates & flexible payment options
  • Do I need a Motor Trade Combined Policy?

    Do I need a Motor Trade Combined Policy?

    If you are an individual or a company involved in the motor trade operating from premises away from your home address then it makes sense to take out a Motor Trade Combined Policy or Motor Trade Premises Policy.

    A Motor Trade Combined Policy can provide you cover for a range risks including cover for:

    • Any driver for your own & customers vehicles with an unlimited indemnity on the road
    • Your buildings, stock, plant & machinery, portable hand tools, computer equipment, Vehicles at premises
    • Business interruption
    • Employers liability, public & product liability, service indemnity
    • Cash in transit & at premises
    • Engineering inspection
    • Goods, stock and vehicles in transit
    • Personal accident for proprietors and employees
    • Loss of MOT license
    • Wrongful conversion
    • Additional business use

    If you simply want cover for vehicles whilst they are being driven and at whilst they are at your premises this can be arranged on a arranged on a Road Risk policy with a vehicle at trade premises extension .

    Road Risk only policies are designed with traders working from home in mind. If you trade from premises but have separate policies to cover your road risks, liabilities, tools and anything else you need covered in place and would prefer a road risk only policy we can arrange this for you.

    It is worth bearing in mind that most road risk only policies will exclude cover for vehicles within 400 meters of your trade premises.

    Cover can be extended on some road risk policies to include vehicles at trade premises, although it is not always as comprehensive or competitively priced as on a motor trade combined insurance policy.

    If you have motor trade premises we would always recommend a Motor Trade Combined Policy. With a Motor Trade Premises Policy you will not only find it more convenient having all your cover on one policy but it can also be the most cost effective way to insure your business.

    To discuss your requirements call our team on 0333 003 0051 or arrange a Call Back.

 Frequently Asked Questions – Motor Trade Combined Insurance

Are Motor Trade Combined Insurance policies cost effective?

A Motor Trade Combined Policy can be the most cost effective way of insuring your business instead of having a separate policy for your vehicles, tools, driver and premises. There is also the bonus of only having one renewal day to remember. With Plan Insurance Brokers, we can obtain great value deals in 2 ways.

  • Haggle with Trade Plan Insurance Brokers – the Motor Trade Insurance market is very competitive. With over 25 years of experience and excellent relationships with our insurers we are able to get you low cost rates whilst still having the cover you need.
  • Introductory discounts – if you are looking for your first Motor Trade Combined Insurance but have been working in the motor trade for a number of years, driving on your company’s policy claim free and can obtain a letter to that effect, we have special deals for you.

If you are unsatisfied with the price you are paying for your Motor Trade Combined Insurance, contact Plan Insurance Brokers now on 0333 003 0051 or click Call Me Now to speak to one of our expert staff.

Will I be covered to drive abroad on a Motor Trade Combined policy?

The majority of Motor Trade Combined Insurance Policies will cover you to drive abroad for 30 days within the EU for the same level of cover that you have at home.

However, all insurance policies are different so you should confirm with your provider that you are covered. If you drive abroad regularly for work then this should be considered when taking out your policy.

When do I receive my Motor Trade Insurance Certificate?

Your Certificate of Motor Insurance is issued by your Insurance Provider. Once we have received the necessary payment and documentation we will send it to you promptly. You will be provided an Insurance Cover note which acts as evidence of your Motor Trade Combined Policy.

If you believe that you should already have your certificate but have not received it yet, please call our customer service team  on 0333 003 0051 and we will assist you where possible.

I’m under 25, can I still get a  motor trade quote?

If you are 18 years or older and have held a full UK license for over 12 months then we can provide you with a motor trade quotation. However, motor trade quotes for under 25s are usually restrictive and costs are prohibitive until the age of 25  when premiums are reduced. We will not be able to cover new drivers on a motor trade policy.

If you have still have further questions about your Motor Trade Combined Policy or wish to discuss your options with one of our specialist Motor Trade Combined Insurance Brokers, call our expert team now on 0333 003 0051 or request a Call Back.

  • Are Motor Trade Combined Insurance policies cost effective?

    Are Motor Trade Combined Insurance policies cost effective?

    A Motor Trade Combined Policy can be the most cost effective way of insuring your business instead of having a separate policy for your vehicles, tools, driver and premises. There is also the bonus of only having one renewal day to remember. With Plan Insurance Brokers, we can obtain great value deals in 2 ways.

    • Haggle with Trade Plan Insurance Brokers – the Motor Trade Insurance market is very competitive. With over 25 years of experience and excellent relationships with our insurers we are able to get you low cost rates whilst still having the cover you need.
    • Introductory discounts – if you are looking for your first Motor Trade Combined Insurance but have been working in the motor trade for a number of years, driving on your company’s policy claim free and can obtain a letter to that effect, we have special deals for you.

    If you are unsatisfied with the price you are paying for your Motor Trade Combined Insurance, contact Plan Insurance Brokers now on 0333 003 0051 or click Call Me Now to speak to one of our expert staff.

  • Will I be covered to drive abroad?

    Will I be covered to drive abroad on a Motor Trade Combined policy?

    The majority of Motor Trade Combined Insurance Policies will cover you to drive abroad for 30 days within the EU for the same level of cover that you have at home.

    However, all insurance policies are different so you should confirm with your provider that you are covered. If you drive abroad regularly for work then this should be considered when taking out your policy.

  • When do I receive my Motor Trade Insurance Certificate?

    When do I receive my Motor Trade Insurance Certificate?

    Your Certificate of Motor Insurance is issued by your Insurance Provider. Once we have received the necessary payment and documentation we will send it to you promptly. You will be provided an Insurance Cover note which acts as evidence of your Motor Trade Combined Policy.

    If you believe that you should already have your certificate but have not received it yet, please call our customer service team  on 0333 003 0051 and we will assist you where possible.

  • Motor trade insurance for under 25

    I’m under 25, can I still get a  motor trade quote?

    If you are 18 years or older and have held a full UK license for over 12 months then we can provide you with a motor trade quotation. However, motor trade quotes for under 25s are usually restrictive and costs are prohibitive until the age of 25  when premiums are reduced. We will not be able to cover new drivers on a motor trade policy.

    If you have still have further questions about your Motor Trade Combined Policy or wish to discuss your options with one of our specialist Motor Trade Combined Insurance Brokers, call our expert team now on 0333 003 0051 or request a Call Back.

Motor Trade No Claims Bonus FAQs

 

How much discount does my Motor Trade No Claims Bonus entitle me to?

No Claims Bonus (NCB) discounts vary from motor trade insurer to motor trade insurer depending on the number of full years you have been driving claims free, and whether your bonus has been accrued whilst driving on a motor trade policy or a another policy type.

Generally the discounts applied to most Motor Trade policies are:

  • 20% – 1 year no claims
  • 25% – 2 years no claims
  • 30% – 3 years no claims
  • 40% – 4 years no claims
  • 50% – 5 years no claims

If you are not happy with the discounts being awarded to you  for your careful driving then contact Plan Insurance Brokers now on 0333 003 0042 to speak to our team and to find the right policy for you.

Will Motor Trade Insurers allow me to mirror my private car bonus?

Yes, road risk Motor Trade Insurers  will allow full Motor Trade no claims discounts even when the bonus remains on a policy elsewhere.

What is the maximum number of Motor Trade Insurance No Claims Bonus years allowed by an Insurer?

The maximum varies from insurer to insurer but most Motor Trade Insurers allow 5 years and some will allow up to a maximum of 4 years.

Can I obtain a discount with a company letter from my previous employers confirming claims free driving?

A company letter can obtain an introductory discount on a motor trade policy. In order to do this your previous employer must:

  • Confirm on their letter headed paper that you have been on their policy
  • Provide the dates in between which you were driving
  • Provide their insurer’s name and their policy number

Will I lose all my motor trade No Claims Bonus if I make a claim?

This will vary depending on the circumstances, size of the claim and which insurer you are with. Some providers will reduce the motor trade insurance NCB to zero after one claim and nearly every motor trade insurer will remove all no claims bonus discounts if 2 fault claims are made within 3 years. Motor trade insurance without NCB will increase in cost considerably. Protecting your no claims discount is well worth considering.

Does No Claims Bonus still apply on a Motor Trade Combined Policy?

Yes, your NCB will be applied to the road risk section of the motor trade policy. However, if you have tools, vehicles or buildings insured under a combined policy, they will still be determined by other factors including value and location.

Can I protect my Motor Trade No Claims Bonus as I do with a Private Car Insurance policy?

Your motor trade no claims bonus can be protected on a motor trade insurance policy as on private policies but if a claim occurs and you later switch insurers, your new insurer may not recognise the protection facility and disregard your motor trade no claims bonus entitlement. The best way to protect your motor trade NCB is to stay with the same motor trade insurer.

  • How much discount does my Motor Trade No Claims Bonus entitle me to?

    How much discount does my Motor Trade No Claims Bonus entitle me to?

    No Claims Bonus (NCB) discounts vary from motor trade insurer to motor trade insurer depending on the number of full years you have been driving claims free, and whether your bonus has been accrued whilst driving on a motor trade policy or a another policy type.

    Generally the discounts applied to most Motor Trade policies are:

    • 20% – 1 year no claims
    • 25% – 2 years no claims
    • 30% – 3 years no claims
    • 40% – 4 years no claims
    • 50% – 5 years no claims

    If you are not happy with the discounts being awarded to you  for your careful driving then contact Plan Insurance Brokers now on 0333 003 0042 to speak to our team and to find the right policy for you.

  • Will Motor Trade Insurers allow me to mirror my private car bonus?

    Will Motor Trade Insurers allow me to mirror my private car bonus?

    Yes, road risk Motor Trade Insurers  will allow full Motor Trade no claims discounts even when the bonus remains on a policy elsewhere.

  • What is the maximum number of Motor Trade No Claims Bonus years allowed by an Insurer?

    What is the maximum number of Motor Trade Insurance No Claims Bonus years allowed by an Insurer?

    The maximum varies from insurer to insurer but most Motor Trade Insurers allow 5 years and some will allow up to a maximum of 4 years.

  • Can I obtain a discount with a company letter from my previous employers confirming claims free driving?

    Can I obtain a discount with a company letter from my previous employers confirming claims free driving?

    A company letter can obtain an introductory discount on a motor trade policy. In order to do this your previous employer must:

    • Confirm on their letter headed paper that you have been on their policy
    • Provide the dates in between which you were driving
    • Provide their insurer’s name and their policy number
  • Will I lose all my motor trade No Claims Bonus if I make a claim?

    Will I lose all my motor trade No Claims Bonus if I make a claim?

    This will vary depending on the circumstances, size of the claim and which insurer you are with. Some providers will reduce the motor trade insurance NCB to zero after one claim and nearly every motor trade insurer will remove all no claims bonus discounts if 2 fault claims are made within 3 years. Motor trade insurance without NCB will increase in cost considerably. Protecting your no claims discount is well worth considering.

  • Does No Claims Bonus still apply on a Motor Trade Combined Policy?

    Does No Claims Bonus still apply on a Motor Trade Combined Policy?

    Yes, your NCB will be applied to the road risk section of the motor trade policy. However, if you have tools, vehicles or buildings insured under a combined policy, they will still be determined by other factors including value and location.

  • Can I protect my Motor Trade No Claims Bonus as I do with a Private Car Insurance policy?

    Can I protect my Motor Trade No Claims Bonus as I do with a Private Car Insurance policy?

    Your motor trade no claims bonus can be protected on a motor trade insurance policy as on private policies but if a claim occurs and you later switch insurers, your new insurer may not recognise the protection facility and disregard your motor trade no claims bonus entitlement. The best way to protect your motor trade NCB is to stay with the same motor trade insurer.

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