DO YOU NEED CHEAPER MOTOR TRADE INSURANCE AND FAST?

MOTOR TRADE INSURANCE QUESTIONS & ANSWERS*

Motor Trade Insurance Questions & Answers*

Top Questions on Motor Trade Insurance

  1. Where can I find cheaper motor trade insurance for under 21-year-olds?
  2. What motor trade insurance companies are the best to use?
  3. What is the average cost of motor trade insurance?
  4. Where can I make a motor traders insurance comparison?
  5. Where can I find motor trade insurance without a no claim bonus?
  6. Where can I find motor trade insurance 17 year olds online?
  7. What are motor trade insurance requirements?
  8. Are there any motor trade insurance regulations?
  9. Where can I find motor trade insurance working from home cover?
  10. Where can I find motor trade insurance with convictions, cheaper?
  11. Why is motor trade insurance for young drivers costly?
  12. What is the difference between motor trade insurance for 19 year olds and 25 year olds?
  13. Is UKLI Compare a motor trade insurance comparison site?
  14. Where can I find motor trade insurance for a sole trader?
  15. Where can motor trade insurance brokers near me?
  16. Where can I buy motor trade insurance online?
  17. Who can use the motor trade insurance?
  18. What is covered in motor trade insurance cover?
  19. Does motor trade insurance cover include the premises?
  20. Does motor trade policy allow you to drive your own car?
  21. Are lease vehicles covered in motor trade insurance policy?
Motor trade Insurance Questions

Where can I find cheaper motor trade insurance for under 21-year-olds?

  • Do a simple online search for companies offering the cover and check their requirements. Shortlist a few with the best terms and compare their prices.
  • Terms include restrictions on car model, additional payments and type and risks covered. Next is a look at a few motor trade insurance questions.
Compare motor trade insurance quotes

What motor trade insurance companies are the best to use?

The best motor trade insurance companies to use for the motor insurance are those that have a track record for honouring their claims fast, offer comprehensive covers with low restrictions and offer quality service.

Do not just look at the cost of the insurance cover when making your choice of the insurance firm. Look at customer reviews and other related news on the internet regarding the selected companies.

BACK TO TOP

What is the average cost of motor trade insurance?

Unfortunately, there is no definite average for motor trade insurance cover. There are a number of things that come into play when costing the cover.

Price varies with the type of cars that you are buying and selling, where the motorshop is located in the UK and the type of cover you are taking.

The same cover may also vary with the number of risks and restrictions imposed by the insurance company.

BACK TO TOP

Where can I make a motor traders insurance comparison?

There are a number of websites that offer motor trade insurance comparisons. They make it easy to get quotes from various providers without contacting each individually.

The most common ones are UKLI Compare, Gocompare.com, ChoiceQuote and Quotezone. Most of the comparison websites provide an option for detailing the requirements of the cover so that you are able to get the best out of the comparison site.

This is a no-obligation service and you may decide not to pick any of the quotes and are not charged for decision.

BACK TO TOP

Where can I find motor trade insurance without a no claim bonus?

This is one of the top motor trade insurance questions. A no claim bonus is a discount given by an insurance company after several years without making a claim.

  • The bonus is put in place as an incentive for customers to purchase the cover. Most bonuses become active after a period of about five years without making a claim.
  • The longer the period spent without making a claim, the higher the percentage discount offered when renewing your cover. You can do a simple search for a cover without claim bonus.

You can use a comparison website too but specify that you need a cover with a no claim bonus.

BACK TO TOP

Compare motor trade insurance quotes

Where can I find motor trade insurance 17 year olds online?

You can find motor trade insurance for the 17 year olds online by first doing a search for companies that sell the type of insurance cover.

You may also visit some of the leading motor trade insurance companies’ websites and check their offers. Comparison sites are also a good alternative so that you are able to compare prices among different companies.

BACK TO TOP

What are motor trade insurance requirements?

Anyone who is involved in any aspect of motor trade is eligible for motor trade insurance cover. They include MOT, dealers, mechanics and service centres. People who also work part-time or are car- salespersons are also eligible to take the cover.

Depending on the type of cover taken, some kind of cars such as high performance sports vehicles may be excluded from the cover.

BACK TO TOP

Are there any motor trade insurance regulations?

The law requires you to have at least one type of motor trade insurance if you are driving your vehicle or that of another person in the course of service delivery. You can go for the very basic one, the third-party policy, to have met the law requirements.

BACK TO TOP

Where can I find motor trade insurance working from home cover?

You have to look for a motor trade insurance company that specifically covers motor trade businesses done from home. Search for such covers within your locality and then use a comparison website to choose the best policy.

The cover is, in most cases, similar to the one you would take when working from a business premises.

BACK TO TOP


Get landlord Insurance for a limited company the easy way - click here now!

Where can I find motor trade insurance with convictions, cheaper?

Traders insurance cover with convictions works for people who have obtained points from a traffic offence. The cost of the cover usually depends on the number of points you have obtained from convictions.

The best way to getting cheap cover with conviction is by using a comparison site. This is because of the many variables that come into play when determining price.

You may also check with your regular provider and see their offers. However, compare a few so that you can pick the best offer.

BACK TO TOP

Why is motor trade insurance for young drivers costly?

The cost of insurance cover for young drivers, especially under 21, is higher than that of other groups as insurance companies perceive them as high risk, which is a fact that most of the persons asking this motor trade insurance faq do not understand.

Young drivers are more likely to be distracted in the course of driving or overspeed compared to their older counterparts. The perception of the risk varies from one insurance company to the other.

BACK TO TOP

What is the difference between motor trade insurance for 19 year olds and 25 year olds?

The difference between a cover for a 19-year old and that of a 25-year old is the perception of risk. 19-year olds are perceived to be more likely to cause an accident than 25-year olds.

For this reason, most insurance firms charge a higher premium for their cover or have several exclusions in their policy compared to 25-year olds.

BACK TO TOP

Is UKLI Compare a motor trade insurance comparison site?

Yes, UKLI Compare is a motor trade insurance comparison site, and we compare other things like landlord insurance and even electric scooters. You get access to tens of companies that offer motor trade insurance cover across the United Kingdom.

To provide accurate quotes for your needs, you will be required to provide details for the cover you need. You can also contact the company and discuss the particulars of the policy that you are seeking.

BACK TO TOP

Compare motor trade insurance quotes

Where can I find motor trade insurance for a sole trader?

You can find motor trade insurance cover online if you are a sole motor trader in the UK. Head to UKLI Compare to compare companies that offer such services. Submit the details of your business when making a comparison requests at the site.

Fortunately, most companies that offer cover to large motor offer similar products to sole traders.

BACK TO TOP

Where can motor trade insurance brokers near me?

You can find motor trade insurance brokers near your business premises by searching for the same on the search engines. Alternatively, you can use UKLI Compare to compare quotes of companies within your locality.

Just ensure that you include your area or the area you have businesses when making a request for quotes.

BACK TO TOP

Where can I buy motor trade insurance online?

Most companies sell motor trade insurance online. You can find an insurance company by conducting a search online and asking for quotes from a few of them.

UKLI can assist in getting the right insurance cover by enabling you to compare quotes from various companies.

BACK TO TOP

Who can use the motor trade insurance?

Anyone whose business involves a trade that touches on motors can benefit from the cover. The businesses include car showrooms, garages, repair shops, auction houses, valeting companies, repair shops and mobile mechanics, among others.

This cover can also be extended to groups working at home.

BACK TO TOP

What is covered in motor trade insurance cover?

A basic motor trade insurance cover policy provides cover for the risk of damage from accidents in the course of road testing vehicles, delivery of customer vehicles and moving from one location to another. The cover is extended to any trade vehicles that may have accompanied the customer vehicle in case of a demonstration.

BACK TO TOP

Does motor trade insurance cover include the premises?

The basic motor trade insurance cover does not cover the premises in which the car is housed or where a car is being repaired. However, you can go for a combined cover that caters for other insurable risks that include fire, theft and damage to the vehicle in the premises.

It is also possible to take a separate policy for the other insurable risks.

BACK TO TOP

Does motor trade policy allow you to drive your own car?

It is a common motor trade insurance faq. Most motor trade policies allow you to drive your vehicle and other vehicles for the trade. However, some covers restrict the kind of vehicles that you can drive. Several providers see high-end sports vehicles as having a too high risk to cover and, therefore, do not include them.

BACK TO TOP

Are lease vehicles covered in motor trade insurance policy?

Yes. Most providers do not have an issue with vehicles that have been bought on hire purchase or leased. However, most cover a lease that is at least 6 months. Contact your insurance company when you add leased vehicles to your business.

Learn more about motor traders insurance from the main article.

Compare motor trade insurance quotes

BACK TO TOP

Hit us up on Social media


Recent Articles

  1. Solar Panel Quotes from The Right Installers The First Time

    Apr 22, 25 03:49 PM

    Compare up to 4 solar panel quotes from your very owner local solar installers and let the right one help you execute and plan your new solar install from start to finish.

    Read More

  2. Solar Panel Installation | Home & Commercial Installs | UKLI Compare

    Apr 22, 25 03:21 PM

    COST OF SOLAR PANEL INSTALLATION QUOTE
    Compare solar panel installation quotes and get the best possible price and quality installation practices with the right installers you can count on and...

    Read More

  3. Compare Horsebox Insurance | Get Quotes Fast | UKLI Compare

    Apr 21, 25 05:43 PM

    horsebox
    Compare horsebox insurance and save a bit of cash by finding the insurer who comes out on top and the one your happy with. All horse boxes, from old to new.

    Read More

  4. Compare Minibus Insurance | Quotes Business, Schools | UKLI Compare

    Apr 21, 25 02:56 PM

    Minibus insurance
    Compare minibus insurance quotes for 9 seaters and 17 seaters and you could save a lot of time and money.

    Read More

  5. Best Motorhome Insurance Quotes Online | UKLI Compare

    Apr 21, 25 02:19 PM

    motorhome-insurance
    Compare the best motorhome insurance quotes from Britain's leading insurers and you could save a lot of time and money today.

    Read More

  6. Compare Landlord Insurance Quotes - Save Time & Money | UKLI Compare

    Apr 21, 25 02:08 PM

    landlord-insurance-compare-Background-3
    Compare landlord insurance quotes and adequately cover your assets with buildings and contents insurance, or add extra landlord protection.

    Read More

  7. Home Solar Panels Scotland - Get Quotes From Local MCS Installers

    Apr 15, 25 05:04 PM

    solar panels
    Approved MCS home solar panels Scotland. Get the right installers on the job the first time around.

    Read More

  8. HOME-SOLAR-TEMPLATE

    Apr 15, 25 03:41 PM

    Home Solar
    HOME-SOLAR-TEMPLATE

    Read More

  9. Compare Office Surgery Insurance Quotes Online | UKLI Compare

    Apr 14, 25 01:15 PM

    office surgery insurance quotes
    Cover your surgery with office surgery insurance and compare quotes to find the perfect policy for your surgery fast.

    Read More

  10. Private Landlord Insurance for Private Tenants | UKLI Compare

    Apr 14, 25 12:31 PM

    landlord-insurance-unemployed-tenant
    Compare private landlord insurance quotes and find better prices in no time and get your tenants sorted with the right insurance from day one. If you know...

    Read More

  11. Landlord insurance | Housing Benefit? | UKLI Compare

    Apr 14, 25 11:58 AM

    landlord-contents-insurance
    Need to know more about tenants who claim housing benefits or insuring them, it's all here landlords.

    Read More

  12. Landlord Insurance for a Limited Company | UKLI Compare

    Apr 14, 25 11:31 AM

    LANDLORD INSURANCE FOR A LIMITED COMPANY
    Do you need landlord insurance for a limited company? Take the hassle out of getting quotes and talking to unnecessary insurance companies a service that works

    Read More

  13. Compare landlord contents insurance quotes, fast | UKLI Compare

    Apr 14, 25 11:01 AM

    Best landlord insurance
    Compare the market for landlord contents insurance and find great online prices you'll be happy with. Works perfectly for UK landlords.

    Read More

  14. Part-Time Motor Trade Insurance Comparison | UKLI Compare

    Apr 14, 25 10:18 AM

    Motortrade insurance
    Compare part-time motor trade insurance quotes and see the difference in price when you use a good comparison website like UKLI Compare.

    Read More

  15. 7.5 Tonne Motorhome Insurance | Compare Quotes | UKLI Compare

    Apr 14, 25 10:00 AM

    7.5 Tonne Motorhome Insurance
    Compare 7.5 tonne motorhome insurance quotes and walk away with a good policy for a decent monthly or annual price.

    Read More

  16. VW Campervan Insurance & Motorhome Comparison | UKLI Compare

    Apr 14, 25 09:40 AM

    camper insurance
    If you are looking for VW campervan insurance or a VW motorhome policy for your transporter or your T25 or a classic T1 or T2 you can do it here.

    Read More

  17. Compare Cheap Campervan Insurance Quotes Online | UKLI Compare

    Apr 14, 25 09:38 AM

    campervan image 3
    Compare cheap campervan insurance from specialist campervan insurance companies and win a good price.

    Read More

  18. Campervan Insurance with Breakdown Cover | UKLI Compare

    Apr 14, 25 09:33 AM

    6 month campervan
    Compare campervan insurance with breakdown cover and get the policy your looking for in a snap campers.

    Read More

  19. Need 6 Month Campervan Insurance - UKLI Compare.co.uk

    Apr 14, 25 09:31 AM

    6 month campervan
    Get the help you need when looking for 6 month campervan insurance and make sure the vehicle has the protection it needs for one driver or multiple drivers.

    Read More

  20. 2 Van Fleet Insurance | UKLI Compare

    Apr 14, 25 08:44 AM

    Get a good price on 2 van fleet insurance for your business and keep it running with a good policy you can count on.

    Read More

  21. Nursery Minibus Insurance | Keep Your Children Safe | UKLI Compare

    Apr 14, 25 08:26 AM

    Minibus insurance
    Compare nursery minibus insurance quotes with great insurance companies with a fast and secure form that works with the UK's top minibus insurers.

    Read More

  22. Minibus Insurance for 1 Week | Get a Fast Quote | UKLI Compare

    Apr 14, 25 08:19 AM

    Minibus insurance
    Get minibus insurance for 1 week for your planned trip for pleasure or business and make sure you save on a policy from the first quote you get.

    Read More

  23. Any Driver Minibus Insurance | Get Online Quotes | UKLI Compare

    Apr 14, 25 08:17 AM

    Minibus insurance
    Compare quotes and get the right price on any driver minibus insurance with an experienced company.

    Read More

  24. Minibus Hire Excess Waiver Insurance - UKLI Compare

    Apr 14, 25 08:16 AM

    MINIBUS
    Get minibus hire excess waiver insurance so no matter what happens you have the right cover for your hired minibus.

    Read More

  25. Minibus Sports Club Insurance | Compare Quotes & Win | UKLI Compare

    Apr 14, 25 08:15 AM

    Minibus insurance
    Compare minibus sports club insurance for sport clubs like football clubs, boxing, rugby, golf and cricket clubs who need insurance for their minibus for sports days.

    Read More

  26. 9 Seater Minibus Insurance | Comparison & Quotes | UKLI Compare

    Apr 14, 25 08:13 AM

    Minibus insurance
    Compare 9 seater minibus insurance for your minibus business of if you use it for private hire that's fine as you can get good quotes...

    Read More

  27. 8 Seater Minibus Insurance | Get Quotes Now | UKLI Compare

    Apr 14, 25 08:09 AM

    Minibus background 1
    Get quotes on your 8 seater minibus insurance whether it be for annual or short-term cover you can find a good comparison here.

    Read More

  28. Private HGV Insurance Quotes | UKLI Compare

    Apr 14, 25 07:37 AM

    NEED HGV DRIVING INSTRUCTOR INSURANCE?
    When you want private HGV insurance and not for business use you can relay on the team of insurance professionals to help you along the way.

    Read More

  29. HGV Insurance for 18 Year Olds | Compare Quotes | UKLI Compare

    Apr 14, 25 07:35 AM

    hgv-insurance-for-18-year-olds
    If you are looking for HGV insurance for 18 year olds it might be a difficult if you don't ask the company. Compare quotes and find out...

    Read More

  30. HGV Goods in Transit Insurance | UKLI Compare

    Apr 14, 25 07:33 AM

    hgv instructor insurance
    Get ready to compare HGV goods in transit insurance quotes from the top truck insurance companies in the UK and do it quickly.

    Read More