Insurance for the Motor Trade Industry
Motor trade insurance is designed for businesses that operate in the motor trade or automotive industry. These may include vehicle dealerships, auto service centres, automotive electricians, bodywork repair shops, parts suppliers, rental services, auction houses, and businesses involved in vehicle import and export.
The standard type of insurance cover available under a motor trade policy provides some unique benefits.
This insurance policy offers distinctive advantages and serves as a comprehensive coverage option, aimed at protecting your business against various risks inherent in the automotive industry.
The types of risks that you may face include allegations from your customers of faulty workmanship or installation. In addition, you could damage your customers' vehicle either on your property or whilst driving it, which is also known as Driving Risk or Composite Motor coverage. If your motor trade business provides advice or services to customers, such as certifications, then Professional Indemnity coverage may be required. It takes care of your legal costs and financial damages faced by clients.
The coverage associated with motor trade policies is designed to address the unique challenges faced by businesses in this field.
It is a broad insurance solution designed to help cover your business for the risks faced across the automotive industry.
Motor trade policies do differ. We will tailor your package to suit your individual business needs and risks.
Call or complete our Motor Trade form, and one of our Business Insurance Specialists team will contact you to discuss your requirements and secure the appropriate Motor Trade insurance for your business insurance needs.