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This is a type of business insurance designed for people who work in the automotive trade industry.
Companies that are involved in the buying or selling of cars will need this type of insurance.
Some example of the type of company will include car dealers, scrap metal yards, car restoration and bodyshop and repair garages.
What does motor trade insurance cover?
Motor trade insurance includes the main types of cover with third party, third party fire and theft and comprehensive cover.
There also tends to be liability insurance included with motor trade insurance policies.
Motor trade insurance policies will tend to only cover you for work purposes.
What other cover can you get on motor trade insurance?
There are many add ons that you can get with motor trade insurance and some of the main ones will include material damage cover, demonstration cover, business premises cover and specialist vehicle cover.
Remember that these optional extras will change from company to company.
How to find the cheapest motor trade insurance quotes?
The first answer as to where to find the cheapest motor trade insurance quote is to compare 100’s of companies through A Spokesman Said that will find the cheapest and best quote that most suits your needs.
There are things you can do to help lower the price of your premium, these will include paying for your policy upfront instead of monthly.
How many and the type of vehicles you work with will affect the price of your insurance.
You should also consider increasing the security of your premises as this will reduce the fees of your insurance.