Motor Trader Insurance UK

Date Sat 17 December 2016 By Ciara Category misc.

CompareNI is your regional comparison site assisting you find insurance from service providers in Northern Ireland and across the UK.

The mission of your Quote Me Today adviser is to protect an offer that covers your pre-outlined security bundle, for an economical quote. We can do this due to the fact that of our longstanding relationships with the fairest traders insurance companies in the market. We work with the UK's leading insurance providers to design custom policies for motor traders and due to our independent broker status - indicating we're not tied to any one insurance company - we're positive that we'll be able to protect an expense effective deal for you.

Rate of ₤ 67.93 per month is based on a typical Motor Trade policy that we source, which has an yearly premium of ₤ 700 each year. When spread over 9 monthly instalments, the rate payable is a deposit of ₤ 175.00, followed by 9 month-to-month instalments of ₤ 67.93 - bringing the total policy price to ₤ 786.37. Not all consumers will get a premium of ₤ 700 each year, as this is based on your unique circumstances. Factors such as postcode, no claims bonus offer, years of trading experience and others will affect the total insurance coverage premium. Please note that our finance partner charges interest to spread your payments over instalments, and this will trigger you to pay more for your policy in general.

Only get the insurance coverage cover that you in fact require. Make sure the level of indemnity - the amount your stock of cars is covered for - is proper, and not excessive for your business. But only genuine motor trade businesses qualify for such an insurance item, as well as if you have a trade policy it'll just cover you for your very own vehicles plus any vehicle that's in your care, custody or control for the purpose of the business. The possible situations that might require cover are almost endless. Traders' insurance could, for instance, be required by a single, self-employed mechanic, a main-dealer garage network, or a car valet company.