Motor Trade Insurance
Motor Trade Insurance provides cover for a variety of automotive businesses. If your business and staff are looking after vehicles, you’ll need this motor-specific business insurance.
What types of businesses are covered by motor trade insurance?
- Garages or mechanics offering MOTs, repair and servicing
- Vehicle sales businesses including multi-site dealerships and individual traders
- Breakdown & recovery
- Vehicle delivery firms (also known as trade plate insurance)
- Vehicle repair businesses
- Scrap yards & repossession businesses
- Collectors & restoration specialist businesses
- Car valet companies
- Vehicle parts & fittings
What does motor trade insurance cover?
Most policies are split into two areas; Road Risks and Internal Risks. Road Risks covers loss or damage to vehicles that are transported on public highways in connection to your business. Internal Risks cover your premises, vehicles on site, stock, machinery, equipment, tools as well as business interruption and liability.
What you need to know about
Motor Trade Insurance
Decide what you want to insure
Road risks can be arranged on a Comprehensive, Third Party or Third Party Fire basis. If you’re insuring tools, are you going to cover employees own tools against damage or loss?
Optional Covers
It is possible to extend cover to include demonstration or tuition purposes or to cover courtesy cars borrowed by a client while theirs is being repaired.
Has your machinery been inspected?
Some lifting equipment or pressure items need statutory inspection certificates to ensure they’re in good working order. Inspections can be arranged via the policy.
Understand your insurers requirements
Policies can have conditions relating to the way heating, spraying or flammables can be stored and how heat is controlled. Non-compliance could see a claim rejected.
Why businesses choose us
Community-focused insurance
We care about protecting local businesses in our area. We understand the challenges and opportunities you face.
Get to know us
In an online world, nothing beats expert advice from a real person. You get to speak to the same people whenever you need to get in touch.
Insurance with a heart
We’re part of the Benefact Group who give all available profits to good causes.
Get In Touch
8 Orchard Court, Heron Road, Exeter, EX2 7LL
01392 426046
[email protected]
Mon– Fri, 9:00-17:00
130 Port Tennant Road, St Thomas,
Swansea, SA1 8JQ
01792 641611
[email protected]
Mon, Wed- Fri 9:00–17:00, Tue 10:00–17:00
Gotham Chambers, Hammett Square, Phoenix Lane, Tiverton, EX16 6LR
01884 256412
[email protected]
Mon– Fri, 9:00-17:00
South Devon House, Babbage Road, Totnes, TQ9 5JA
01803 864390
[email protected]
Mon– Fri, 8:00-17:30