Skip to main content

What is Motor Trade Insurance?

Motor Trade Insurance is absolutely vital to those who earn their living by selling, buying, or repairing anything with an engine (though generally cars and motorbikes.) It doesn’t matter whether your business is large or small, motor trade insurance is an essential when it comes to staying covered, and staying secure. There are a number of good insurance brokers in Manchester and in the surrounding areas, but we recommend that you look for one that specialises in motor trade insurance and commercial vehicle insurance Manchester – as the policy itself is split into multiple categories, and you might not be covered for everything that you’d think.


Road Risk Only Motor Trade Insurance is usually separated into multiple levels of cover, and can be quite a stumbling block. Third Party Road Risk Policies is required by law, to individuals and organizations that driver their own or any customer’s vehicles on a public highway, provides general services including repairing vehicles, buys and sells cars for profit, operates as a vehicle fitter, valet, or is a mobile tuner, restores / repairs cars, or operates a MOT station or garage.  


A good Insurance provider will offer you a comprehensive package, which covers you for accidental damage, as well as third party error on the road, fire and theft.  


Liability Motor Trade Insurance packages are a little different. A Liability Motor Trade Insurance policy is designed for traders who have the public within their premises. This includes employment, and businesses that allow the public to enter the premises as restoration, repair or service work is ongoing. A good insurance provider will consult you about covering your business for a number of things with this policy, including defective workmanship claims, public liability and finally employers liability.


Combined Motor Trade Insurance is the works. This policy will be discussed at length by your insurance provider, but generally covers money, vehicles, liabilities, premises, tools and contents. This policy is designed to protect the entire business of a motor trader – for business locations as well as home. The policy is intended to conduct their business at a minimum level of risk.

For a motor trader, they must decide which level of cover best suits their needs, though specialist insurance brokers are there to offer help, support and advice as to the level of cover they need for their operations. Look for an insurance broker that provides motor services as a speciality, and you’re halfway to complete peace of mind – which will enable you to get on with your business without any additional strain or stress.  

Comments

Popular posts from this blog

Understanding Construction Insurance

Construction insurance North Wales , is made up of many different types of insurance depending on the level of cover needed for your business, however, there are three essential types of cover that you will need which includes, public liability, product liability and professional indemnity insurance. It is important to know the purpose of each type of insurance if you are a contractor so that you know that you have the correct insurance in place for your business. The last thing that you would want to do is fall short and be liable to claims that can set you back more than just money alone, when it could have been avoidable. Below is an outline of each type of construction insurance along with scenarios. Public liability insurance Public liability insurance covers you in the event that a member of the public is injured or damage is caused to them or the premises in which you are working. This may include the following: Injury. You are covered if someone makes a claim a

How to Have a Healthy Divorce

In today’s society, getting married and having children is an entirely common thing to do. However, what happens when things don’t work out? If you are one of the thousands of couples that get divorced each year, the future can seem very scary and uncertain. Luckily, you don’t have to face it alone. You can get professional help from north wales family solicitors. Find out more helpful tips on how to have a healthy divorce in this article: Focus on the kids Though divorce can be hard on adults, it’s even harder on kids. You may want to ask yourself: If there’s any possible way for my children not to suffer, would I consider it? If so, then you should think about keeping as many details of your divorce private as possible—even from your own family. The more people who know about your situation, especially if they are friends or acquaintances of your ex-spouse, the more likely it is that information will get back to him or her. And if one person finds out something negative about you or

Why You Need a Family Law Solicitor During a Divorce

Are you considering getting a divorce? You may be feeling overwhelmed and unsure of where to turn for help. One of the most important decisions you can make during this time is to seek out the assistance of a family law solicitors chester. At family law solicitors Chester, we have the expertise and experience to help guide you through the process of a divorce. We understand that no two divorces are alike and will provide personalised advice and support tailored to your individual circumstances. In this blog post, we’ll explore why you need a north wales divorce solicitors during a divorce and how long the process can take. The Process of a Divorce Divorce can be an incredibly difficult and emotional process. The way a divorce is handled can vary significantly depending on the circumstances, but the basic steps are similar. Before embarking on the process, it’s important to understand exactly what is involved. The first step in getting a divorce is for one spouse to file a Petition fo