Motor trade combined insurance

The specific coverage you need depends on the nature and scale of your motor trade business. At a minimum, you'll need road risk cover if you're driving vehicles as part of your operations and if you have employees then employers' liability is a must. If you interact with the public then public liability insurance is crucial.

Beyond these, consider premises insurance if you own a workspace, product liability for parts or vehicles sold, business interruption for potential loss of income, and material damage for tools and equipment. Get in touch with one of our friendly team who can help tailor a policy to your exact needs.

If you need to make a claim on your motor trade insurance policy, the first step is to contact our dedicated claims team as soon as possible. They'll guide you through the claims process. Typically, you'll need to provide details about the incident, along with any relevant documentation, such as photos or police reports, and potentially get estimates for repairs.

After evaluating the claim, the insurance company will determine the payout amount, if applicable. It's vital to be truthful and detailed in your claim, as discrepancies can lead to denied claims.

Generally, a motor trade combined insurance includes road risk which will allow policyholders to drive any vehicle as part of their business operations.

However, the specific conditions can vary based on the policy. Some policies might only cover certain vehicles or have restrictions based on the car’s age, value or type, so it’s crucial to check the terms of your policy and know exactly which vehicles and who is covered.

Motor trade combined insurance is not legally required, but having appropriate motor trade insurance is necessary to cover various business risks and comply with legal obligations.

Usually, motor trade combined insurance covers driving any vehicle in connection with the business, but specific terms vary by policy. We can outline your unique policy details for exact coverage.

Good ways of reducing costs on your motor trade combined insurance include increasing your security measures on site, maintaining a good claims history, choosing higher excess options and comparing quotes from multiple insurers. Prime Cover provides combined motor trade insurance policies at affordable rates.

Cost factors include the size of your business, the types of vehicles handled, coverage levels, location, claims history and additional services provided.