Part-Time Motor Trade Insurance

As well as flexible, quality cover, the motor trade insurance policies we can arrange offer you the following benefits:

• Service from quote to claim
• Road risk-only options
• You get to deal with a dedicated motor trade team that understands your insurance needs
• Cover for social, domestic and pleasure
• The option of comprehensive, third-party fire and theft or third-party only cover
• As with all insurance policies, terms and exclusions apply. Please contact us for more details.

It depends.  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.

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.

Please note: your policy may come with indemnity limits that exclude certain types of vehicles, such as classic or prestige cars or Japanese imports.  If you’re unsure about what’s excluded or would like some help, please call us on 0161 440 7772 and we’ll be happy to give you some help.

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.

Yes, if you’re buying and selling vehicles on a part-time basis, this policy will enable you to register the vehicles for the MID and remove them when they are sold.

No, this is only for people who are involved in buying, selling, moving or repairing vehicles for a living. This is often an area of confusion – a motor trade policy cannot be used as a family fleet policy and insurers are wise to this tactic.

Getting a quote is easy.  You can call us on 0161 440 7772 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.  So, whether you’re a part-time car dealer, mechanic, breakdown and recovery operator, or car valeter, we can help.

Yes, you will need to prove you are working in the trade. You’ll need to present vehicle receipts, sales records, or some other form of proof of trading when you incept a motor trade policy.

As a part-time motor trader, it’s likely that you are going to be working on your own.  However, you may wish to consider some areas that can help reduce the cost of your road risks policy.  These could include:

• Motor traders under the age of 25 may pay more for insurance and can drive premiums up
• By building up your no-claims bonus and understand if you can utilise a personal no claims discount on your policy. You may find you can transfer this with certain insurers
• By paying annually rather than monthly – monthly may be convenient and help cashflow, but paying annually will be cheaper
• Consider increasing your excess or research excess protection cover – this could drive down your premium but increase the amount you pay in the event of a claim
• Shopping around – or better still, ask an independent insurance broker such as Jensten Insurance Brokers to do the shopping around for you.  With our privileged access to some leading insurers’ policies and specialist knowledge, we’ll be able to save you time getting the part-time motor trade insurance that you need
• Securing your vehicles and any tools you may have. Adding security measures is a great way to reduce the risk you are exposed to.

We’re happy to discuss how we can help you save on your part-time motor trade insurance quote.  Call our specialist motor trade insurance team on 0161 440 7772 or contact us, and we’ll call you to discuss your requirements.