Commercial and Motor Trade Insurance

spread the cost

Payment options for your motor trade insurance

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Being insured is crucial, particularly when your job relies on it. That’s why we try and make it as easy as possible for our customers here at Tradesure, by providing excellent customer service and finding you the right cover.

We understand that our customers’ needs are individual, and that’s why we provide flexible payment options to suit you.

We’ve put together some answers to frequently asked questions to help you.

Am I eligible for motor trade insurance?

All of our customers will have guaranteed acceptance as long as you have not been declared as bankrupt and you are not a bad creditor to us. Our motto is, if you can afford the payments, we can get you covered.

What is the interest?

We value our customers, so we offer a competitive interest rate of just 14.9%, compared to 25% at many other lenders.

How can I make payments?

To help you spread the cost of annual cover, payments can be made in monthly instalments.

At Tradesure, we ensure that none of our fees are hidden, so you will be able to read on the website or hear from an account manager that there is a small charge to set up a monthly payment service.

We try to be as flexible as possible, and allow you four choices of payment dates to suit your financial situation.

The choices of when to pay your monthly instalments are the 1st, 8th, 15th or 22nd of each month. Simply pick the one closest to your pay day, or whichever is most convenient for you.

Are there any other up front charges?

New Tradesure customers are required to pay two months’ payment as a deposit, whilst existing customers are asked for one month as a deposit.

Will you update the MID for me and will it cost?

We will update the Motor Insurance Database (MID) for you free of charge, which is a database of all insured vehicles.

In the meantime, for all of your motor trade insurance needs, call us today on 0121 248 9300.

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