Motor Trade Insurance

The Motor Trade is unique when it comes to their insurance needs. We have over 100 years combined experience dealing with all levels of cover. Ranging from the part time mechanic working from home, all the way through to Main Dealerships at multiple locations looking for Motor Trade Insurance.

What’s covered by a Motor Trade Insurance policy?

A good Motor Trade Insurance policy will contain a number of critical elements of cover:

Motor Trade Property / Material Damage – All Risks of physical loss of or damage to material property such as buildings, contents, tools, stock and machinery.

Employers Liability – Legal requirement to protect employees against accidents and injuries in the course of their work.

Public / Products Liability – Cover in respect of damages and injury caused to members of the public and their property by services and products supplied by you.

Defective Workmanship – Cover against improper repairs and defective vehicle sales.

Business Interruption – Interruption to the business following loss of or damage to property, keeping you in business following a claim

Wrongful Conversion – This section covers loss sustained by you in connection with any vehicle purchased by you in the UK during the period of insurance where:

• the lawful and rightful owner has substantiated a valid claim for the return of the vehicle or its value
• the person to whom you have contracted to sell the vehicle has substantiated a valid claim for damages for breach-implied warranty of title

Engineering Inspection – The principal purpose of periodic statutory inspection of plant and equipment is to detect and report deterioration that affects the safety of persons.

Road Risks – Loss of or damage to an insured vehicle and its accessories either by accidental damage or by Fire and Theft. Extensions include Loan and Hire, Demonstration and Third Party Damage.