Motor Trade Insurance

Whether you’re buying or selling cars, Motor Trade Insurance is a key component to ensure your business runs smoothly.

It’s also important if your company repairs or services vehicles, offers a breakdown service or valets cars and vans of all sizes.

There are two kinds of Motor Trade Insurance policies – a Road Risks policy or a Combined policy. Road Risk Insurance allows you to drive any vehicle for professional reasons. It is a legal requirement, and the minimum we would recommend for any company working in the motor trade sector.

Combined Motor Trade Insurance allows you to combine different levels of cover to meet your business needs. It can include, but is not limited to, Buildings Cover, Tools and Equipment Insurance, Public and Employers’ Liability, Stock Cover and Road Risks Insurance.

There are hundreds of policies out there and we understand it can be hard to know where to start.

Working with an established broker, like Hold Cover, can take away the time-consuming task of finding appropriate insurance.

Sometimes a standard policy may not be right for your operations and risks. We’ll never try and fit your business into a policy that doesn’t work. We’ll always endeavour to find a bespoke route.

Our specialists are trained to think creatively and look at things from a different angle. By asking the right questions, they’ll get to the centre of your needs, and any issues you may have, to recommend a policy that protects your business, your team and your customers.

We’ve worked with hundreds of motor traders across the UK and, therefore, understand the intricacies that are involved in the sector. By picking Hold Cover as your broker, you can have the confidence that our recommendations are based on our experience and expertise in providing policies for the motor trade industry.

Recent successes

Large motor trader which high sums insured as they repair prestige cars including Aston Martin and Lamborghini.

Small start-up MOT and servicing centre looking to take their first steps into trading with nil no claims bonus.

Motor Trader tired with the lack of service from their existing insurer where we were able to help get their MID records back on track.