If you run a repair garage or car or commercial vehicle sales business in Maidstone or Rochester, Kent or the surrounding area, you need to arrange a specialist motor trade insurance policy.
Whatever the size of your business, whether you sell new or used cars or specialise in lorry and truck repairs, insurance can be arranged to fit your specific needs.
Commercial vehicle dealers, HGV workshops, MOT centres and body shops also need specialist motor trade cover, as do tyre and exhaust fitters and auto-electricians.
How To Get The Best Motor Trade Insurance Quote
The best way to get a competitive motor trade insurance quote is to speak to a local independent business insurance broker. Choose one who understands the motor trade industry and the issues you need to deal with. They will be able to advise you which types of insurance cover you need.
Look for an independent insurance broker that specialises in commercial insurance and offers a personal service. They will be able to get you several quotes from different insurance companies and then recommend the product that best fits your requirements.
Motor Trade Insurance, Road Risks and Public Liability
The types of insurance you might consider include:
- Property: buildings, stock, tools and equipment, own and customer's vehicles on the premises
- Road risks insurance: choice of cover from comprehensive to third party only
- Employers liability, public liability, products liability and servicing indemnity
- Engineering inspection
- Business Interruption (covers your loss of income if you cannot trade from your premises following a disaster such as fire or flood)
Some types of insurance, such as third party motor insurance and employers liability, if you employ anyone, are a legal requirement.
Also if you have engineering plant, such as air receivers, these must be inspected on a regular basis and this service is often included within an insurance policy – an engineer from the insurance company inspects your plant and issues the necessary documentation.