MOT Station Insurance
What is MOT station insurance?
Mot station insurance, or MOT garage insurance as it’s also known, offers specific protection to motor traders that offer MOT tests. It provides loss of MOT licence protection and can include other risks such as:
- Road risks
- Public and employers’ liability
- Machinery and testing equipment
- Stock of Parts/Spares
- Portable Hand Tools
- Service indemnity
- Engineering Inspection
- Business Interruption
What can MOT station insurance cover?
While every MOT garage insurance policy owner’s needs will be different, there are some common risks – such as loss of licence cover, road risks insurance, public liability insurance, and premises insurance – you’ll want to include. Jensten Motor Trade’s garage insurance allows you to choose from a range of policy elements, including:
- Loss of MOT of licence cover – protects your business if your MOT licence is lost. If your motor trade business is built around MOT testing, then this is a vital cover
- Road risks insurance – so you can drive customers’ vehicles and any you own in connection with your business on public roads. As with car insurance, you can choose from third-party, third-party fire and theft, or comprehensive cover
- Public liability insurance – garages can be hazardous places, and if a member of the public is injured or their property damaged, you can be held liable. Public liability insurance will protect you financially should you be sued for damages
- Employers’ liability insurance (EL insurance) – is a legal requirement if you have any staff, full-time, part-time or contracted. EL insurance protects motor traders from compensation claims from their employees should a claim be made against them for loss or injury at work. Your policy must have a minimum of £5m cover, with £10m being the industry standard
- Business premises cover – if you’re trading from premises, you’ll want to have them protected. If your premises were damaged or destroyed, business premises insurance would cover the cost of repairs or a rebuild
- Tools and machinery cover – without your tools and machinery, you can’t operate. With tool thefts on the rise in the UK*, you’d be wise to insure them. This covers tools and expensive pieces of machinery, such as diagnostic equipment. It can also provide Mac and Snap-On tools insurance, plus employees’ tools and toolbox options
- Service indemnity insurance – also known as defective workmanship cover, protects you against claims for faulty parts or for accidentally fitting parts incorrectly
- Money and keys – if money or keys are stolen from your premises, this is designed to cover the cost of their replacement. Most policies will stipulate that money needs to be left in a safe, locked cashbox, or a cabinet
- Business interruption insurance – should disaster strike – a fire, a flood, or an explosion – and you can’t trade, business interruption insurance will provide an income until you can get to your previous trading level
- Engineering inspection service – if, as part of your trading, you use testing equipment or machinery, an engineering inspection service element to your policy will cover the cost of a safety assessment of it. Having your equipment assessed is a legal requirement as it’s part of 1998’s Lifting Operations and Lifting Equipment Regulations (LOLER) and Provision and Use of Work Equipment Regulations 1998 (PUWER). It can help satisfy your health and safety at work requirements, and it also means you’re less likely to have downtime owing to essential equipment such as vehicle lifting tables, jacks, and pressure systems failing
- Business contents – including your stock, computers, phones, and other business equipment
- Products liability insurance – should a product you use or recommend cause damage or harm, you can be liable for compensation should action be brought against you
- Sales and service indemnity – protects you against claims of damage or injury after selling or repairing a vehicle. It can include cover for faulty parts or repair work that’s contributed to the problem
* Data collected from a Freedom of Information (FOI) request to the England, Wales and Northern Ireland Police forces.
Which motor trade businesses can MOT station insurance cover?
MOT station insurance through Jensten Motor Trade is a flexible policy that can protect traders, including:
- MOT testing stations
- Repair garages that offer MOTs
- Motor traders that offer MOTs
Why get MOT garage insurance through Jensten Motor Trade?
As well as flexible, quality cover, MOT station insurance through Jensten Motor Trade offers you the following benefits:
- Dedicated in-house claims service
- Service from quote to claim
- Legal liability insurance
- Road risk-only options
- The option of comprehensive, third-party fire and theft or third party only cover
‘Polite professional advice and service, quick and easy cover, completely hassle-free and renewed my cover very quickly at a very competitive rate – the overall experience was totally refreshing’
Mr. E. March 2023
How much does MOT station insurance cost?
As we’ll create your cover around your business, that’s not an easy question to answer. What we can say is that your MOT station insurance quote will be based on factors such as:
- The value of your stock
- The size and value of your premises – if you have any
- The value of your equipment
- Whether you need road risk cover and how many people you need it for
- The turnover of your business
- Your claims history
- Whether you want to pay monthly or annually – annually will usually be cheaper
- Your business’s postcode
MOT station insurance FAQs
It’s important for motor traders to get the right insurance for their business, and to help you do that, here are our MOT station insurance frequently asked questions. We hope they are of use, but if you’d like some independent advice, please call us on 0208 298 2100, and the team will be happy to help.
Elements are compulsory. If you are going to drive vehicles on the road, you will need a road risks element to your policy. You’ll also need employers’ liability insurance (EL insurance) if you employ staff within your business and engineering inspection service if you service or repair vehicles
Yes, but only in connection with the business if it is owned by the business or is in custody or control of your motor trade business. It may be more cost-effective to limit the covers to keep your premium down
While these policies may look the same, road risks only covers driving vehicles on the road. Traders combined insurance, on the other hand, can offer a much wider range of essential protections, such as premises, material damage cover and liabilities amongst others.
That will depend on things like the size of your business, its postcode, your claims history, the value of your equipment, if you have any employees and whether you need road risk cover. For a personalised auto electrician insurance quote, please call us on 0208 298 2100, and the team will be happy to help
There are several ways of cutting motor trade insurance costs, including:
- Limit the number of employees on your road risks policy
- Building up your no-claims bonus
- Employing drivers with low or no motoring convictions or claims
- Making sure your premises (if you have any) are secure and have CCTV/a web-based security system
- Always use an independent broker such as Jensen Motor Trade. A specialist independent motor trade insurance broker will have the knowledge to ensure you get the MOT station sales insurance quote you need and can do the shopping around for you
At Jensten Motor Trade, we are more than happy to discuss the different ways we can help you save on your motor trade premium. All it takes is a call to our specialist motor trade insurance team to start the quote process. Alternatively, you are welcome to complete our online quote form, and we call you to discuss your requirements
Getting a quote is easy. You can call us on 0208 298 2100, and the team will be happy to help you find the protection you need. We work with a panel of different insurance companies and can help find the appropriate cover to suit your individual needs.
Speak to Jensten Motor Trade about MOT station insurance today
If you’d like some assistance with your MOT garage insurance or an MOT station insurance quote, contact the Jensten Motor Trade team by calling 0208 298 2100.