MSN Business Directory Obtaining coverage on a motor trade road risks policy

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Obtaining coverage on a motor trade road risks policy

It’s important to understand what is or may not be covered by a motor trade policy.

Here we specifically examine the road risks area – what it is likely to cover and any possible exclusions. This can be a complex exercise and that’s why contacting our specialised team here at Insure Motor Trade to analyse exactly what you need, and how it can best be provided makes such good sense.

Important points to know

To demonstrate how specific the policies can be, here are two common situations:

• Your vehicles will be covered for any loss or damage if they are either on the road or are parked for the duration of a journey or at the home address of either the named policy holder or business partner

• Many road risk companies may specifically exclude cover within 400 metres or even up to 1000 metres radius of any separate motor trade premises

The above demonstrates how important it is to fully understand the exact detail of any policy.

Coverage for vehicles maintained at your motor trade business location

There are two general considerations in this area:

• Road Risk policies can be amended to include your vehicle stock for fire and theft at your premises

• Should you require further areas of coverage, then a motor trade combined policy could be created to cover your contents and liabilities

Occupations likely to be covered

If you are operating in the following areas, most insurers should be willing to provide coverage:

• Vehicle breaker operations
• Motor traders
• Importers of cars
• Car collection and delivery agents
• Repair, maintenance, tuning and service operations
• Vehicle recovery agents
• Car cleaning and valeting services

If some or all of your operations are not covered on this list, our experienced team here at Insure Motor Trade will soon be able to let you know whether what you do can be provided for in a policy.

If you also work in another business

We have occasionally been asked whether it is possible to gain cover which also includes these other business operations. The answer is usually that it depends on what occupation is. Providing the information to one of our team will allow them to use this to select an insurance policy best suited to your specific needs.

A simple course of action

All of the information contained above proves that making sure you have a motor trade insurance road risks policy that best matches the way your business operates is not a simple task. It can be time-consuming – and often frustrating when you feel you have many other activities that would make better use of your time.

We agree! Please allow us to work on behalf of your business to gather the information we need and carefully assess your options. Then we can deliver a cost-effective solution.

If you are operating in the following areas, most insurers should be willing to provide coverage:

• Vehicle breaker operations
• Motor traders
• Importers of cars
• Car collection and delivery agents
• Repair, maintenance, tuning and service operations
• Vehicle recovery agents
• Car cleaning and valeting services

If some or all of your operations are not covered on this list, our experienced team here at Insure Motor Trade will soon be able to let you know whether what you do can be provided for in a policy.

If you also work in another business

We have occasionally been asked whether it is possible to gain cover which also includes these other business operations. The answer is usually that it depends on what occupation is. Providing the information to one of our team will allow them to use this to select an insurance policy best suited to your specific needs.

A simple course of action

All of the information contained above proves that making sure you have a motor trade insurance road risks policy that best matches the way your business operates is not a simple task. It can be time-consuming – and often frustrating when you feel you have many other activities that would make better use of your time.

We agree! Please allow us to work on behalf of your business to gather the information we need and carefully assess your options. Then we can deliver a cost-effective solution.

This assistance can start just as soon as you contact us here at Insure Motor Trade on 0844 931 2020.

May 27, 2014

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