Motor Trade Insurance quotes are based on various factors including the area of the motor trade industry your working in e.g. motor sales, repairs, servicing etc, where your business is located in the country, the level of cover you require and the type of premises you trade from.
However the two most crucial factors in obtaining cheaper motor trade insurance are building up and maintaining a no claims bonus, and shopping around at your insurance renewal date to ensure you have the cheapest possible quotation.
Motor Trade Road Risk Insurance – Do I Need it Legally?
Motor trade road risk insurance is a legal requirement in the UK. Anyone caught driving without it is liable to a ban or penalty points and a fine. As a result finding cheap motor trade insurance, which does not compromise cover, is essential to any successful business.
Cheap Motor Trade Insurance – What’s Covered?
Motor Trade Insurance provides full road risk insurance with the option to extend cover to other areas of the business including stock, tools, public and employer’s liability insurance. It is a legal requirement for MOT test centers, body repair shops, car dealerships, and all businesses related to the motor trade.