What's the maximum number of vehicles I can insure on a motor trade policy?

There is no restriction on the number of vehicles you can cover, but you will need to tell us the maximum value of any one vehicle. If you drive a vehicle worth more than this you will only be paid out the maximum you declared at the start of your policy. This can be increased at any time during your policy; just give us a call.

Can I get immediate cover 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).

Can I pay for my insurance by instalments?

Yes you can. Just ask us about our finance options.

What is combined liability insurance?

Commonly a business will take out both public liability insurance and employer’s liability insurance together – this is known as a combined liability policy. Tradesure offer combined liability insurance with additional cover for:
Product liability insurance
Directors’ and Officers’ insurance
Professional indemnity insurance
Trustee insurance

Protect your business with the right motor trade insurance

WHAT IS MOTOR TRADE INSURANCE?

Motor trade insurance is a type of insurance cover that is a legal requirement for any motor trader or anyone who deals with vehicles as part of their business. If you buy or sell cars, valet or maintain them, or offer breakdown services, you’ll need the right motor trader cover, also known as traders insurance.

WHAT DOES MOTOR TRADE INSURANCE COVER?

Motor trade insurance covers the vehicles you have in your control or care, and covers you to drive other people’s vehicles on public roads. It can also protect your business premises and tools, if you choose a combined form of motor trade cover.

There are two kinds of motor trade insurance available, so you can choose the option that works best for your needs. Road risk insurance covers you to drive vehicles on the road, and protects you against the costs of damage, fire and theft. Combined motor trade insurance will also cover your business premises if you operate from one, and cover your tools and any other equipment.

ROAD RISK INSURANCE

  • Covers you to move vehicles between locations to buy, sell or repair them
  • Covers the vehicles in your control
  • Third party, third party fire and theft, or comprehensive cover depending on your needs

COMBINED INSURANCE

  • Combined road risk insurance, also known as commercial combined insurance, will also cover your business premises, including contents and tools
  • We can include employers liability insurance and public liability insurance depending on your needs
  • Add whatever business cover you require: combined insurance is totally customisable to you

Get A Quote

Need a quote for road risk or combined motor trade insurance? Want to find out what liability insurance you can add to your combined motor trade policy? We’re here to help.

Send us a message below and we’ll call you back, or call our trade team directly on 0121 248 9300.

Do I need motor trade insurance?

It’s a legal requirement for any business or self employed person that’s responsible for other people’s vehicles in the course of their work to get motor trade insurance. This means if your work involves servicing, valeting, MOTing or repairing cars, you’ll need motor trade insurance for your business to run legally. If you are trading vehicles, buying and selling them on a part-time or full-time basis then you will also need a motor trade insurance policy.

Do I qualify for motor trade insurance?

The majority of motor traders will qualify for motor trade insurance, but there are some base requirements: in order to set up motor trade insurance, you have to be the owner or sole trader in charge of your business, and typically you need to be 25 or over, although some insurers will cover younger traders.

Proof of trading is usually required in order to get motor trade cover. These documents are typically requested as proof of trading:

  • copies of purchase invoices and sales receipts for vehicles bought and sold
  • auction house invoices and memberships
  • copies of any invoices and receipts for parts or work carried out on any customers’ vehicles
  • copies of any advertisements
  • submission of accounts
  • copies of stock book

The evidence you’ll need to supply will vary depending on the type of motor trader you’re involved with, so don’t worry if all of the above don’t apply to you. If you’re unsure whether you have the right documents, get in touch and we’ll go through them with you.

Why choose Tradesure?

  • We’re independent, meaning we can go to a broad panel of specially selected motor trade insurers to find you the best possible cover for your needs
  • We give you a dedicated personal service – you can always talk to the same person when you call us
  • Free MID updates: we’ll update the Motor Insurance Database for you
  • Quick quotations and document issue
  • We can help you get insurance cover for your business premises, your home, and provide liability insurance, cyber cover to protect against cyber attacks, and much more.

RECOMMEND A FRIEND

Did you know that you can get £25 for each friend you recommend? Every time your friend takes out a policy with us, you’ll earn £25. There’s no limit on our recommend a friend scheme either, so there’s no cap on the rewards you can get.

Click here to find out more.

FREQUENTLY ASKED QUESTIONS

What's the maximum number of vehicles I can insure on a motor trade policy?

There is no restriction on the number of vehicles you can cover, but you will need to tell us the maximum value of any one vehicle. If you drive a vehicle worth more than this you will only be paid out the maximum you declared at the start of your policy. This can be increased at any time during your policy; just give us a call.

Can I get immediate cover 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).

Can I pay for my insurance by instalments?

Yes you can. Just ask us about our finance options.

What is combined liability insurance?

Commonly a business will take out both public liability insurance and employer’s liability insurance together – this is known as a combined liability policy. Tradesure offer combined liability insurance with additional cover for:
Product liability insurance
Directors’ and Officers’ insurance
Professional indemnity insurance
Trustee insurance