MOTOR TRADE INSURANCE

A Motor Trade Insurance policy is also referred to as Road Risk Insurance. It is taken out by someone who runs a business involving anything to do with cars, motorbikes and vans such as buying and selling cars, repairing and servicing, valeting, running a garage or MOT centre etc. The size of your business does not matter or whether you work full or part time cover can be arranged... By law, at very least, a Third Party Only policy is required by a motor trader if the trader a) repairs, services or restores vehicles, b) is a vehicle fitter, mobile tuner, or valet c) runs an MOT centre or garage. d) sells and buys vehicles for profit e) drives his/her own vehicle or that of a customer on the public roadway, has any of those vehicles on the business premises or at the customer's or his/her home address... Any driver who is named on the policy is permitted to drive any vehicles in relation to the motor trade and are covered for damage to the other party's vehicle.

Primary location: Leek United Kingdom