Why Road Risk Only Insurance from Tradesure?
- We’ll compare a range of specialist partners to find you the right road risk insurance cover
- Benefit from a prompt, personal service with quick, competitive quotes
- Get a £25 reward for every new customer you refer to us
WHAT IS ROAD RISK INSURANCE AND DO I NEED IT?
Road risk cover is the minimum, legally required form of motor trade insurance. Road risk insurance is designed to cover your business if any damage or injury is caused by a vehicle that’s in your care for work purposes.
You’ll need road risk trade insurance (or a different type of motor trade cover) to run your business if you’re a full-time or part-time motor trader, or work in any area of the motor trade dealing with vehicles. This includes repairing or servicing other people’s vehicles that are in your care, custody or control.
WHAT DOES MOTOR TRADE ROAD RISK INSURANCE COVER?
A motor trade road risk policy is insurance that covers you to drive your own and other vehicles as part of your business. What this type of insurance can pay out for will depend on the level of cover you choose.
THIRD PARTY
ONLY
Third party is the most basic road risk insurance you can opt for. It covers damage to other people and their property in the event of an accident. So, if you damage another vehicle, your road risk insurance will pay out to fix the vehicle you hit. Third party cover doesn’t insure you for damage, fire and theft of your own vehicles.
THIRD PARTY FIRE AND
THEFT (TPFT)
This level of motor trade road risk insurance offers third party cover as well as insuring you for fire damage to, and theft of, your vehicles.
COMPREHENSIVE
COVER
This covers you for third party, fire and theft, plus your own vehicles will be insured against damage. If you are involved in an accident that’s your fault and you are injured, you can also claim for this on a comprehensive road risk insurance policy.
For many of you, motor trade road risk only insurance will do the trick. However, Iif you have premises that you trade from, you may be better off with combined motor trade insurance, which gives you road risk cover as well as insuring your premises and equipment.
If you’re driving vehicles you’re buying and selling, UK law means you’ll also need trade plates.
REQUEST A ROAD RISK INSURANCE QUOTE ONLINE
Do you need an online quote for road risk insurance, or would you like to explore other cover options? Just fill in our online form and we’ll get back to you shortly.
FREQUENTLY ASKED QUESTIONS
Will you update the MID on my behalf, and will it cost me anything?
We can update the MID (Motor Insurance Database) for you, at no extra charge. You will only be able to contact us during office hours, which are Monday to Friday, 8:30am to 5pm. For more information about the MID, check out our ‘MID’ FAQs here.
Can I get immediate road risk insurance over the phone?
Yes – we can provide immediate cover over the phone once payment has been set up (or paid in full if you prefer).
Are the vehicles insured at my home or business premises?
If you work from home, your home address will also count as your business premises – this is the address which will be covered. A dedicated business premises will require an extra premium for cover.
Can I get motor legal protection?
Motor legal protection can help you with legal costs if you have to defend a case, handle a dispute or anything else legal relating to a road accident or your vehicles. Tradesure offer motor legal expenses cover at a reasonable price to all our customers. A 24 hour advice line is also part of this cover.
RECOMMEND A FRIEND
You could get £25 for each friend you recommend to us. Every time you put forward someone who buys motor trade road risk insurance or any other policy from us, we’ll pay you £25. There’s no limit to the number of people you can send our way, so there’s no cap on the rewards you can earn.
NEWS AND ARTICLES
For more useful information, check out our blog. It’s got articles on a wide range of topics, including who can apply for a motor trade road risk insurance policy, top second-hand cars, and smart trade insurance extras you might want to consider.
