Here at Nash Warren, we offer a wide range of cheap motor trade insurance policies that cater for every type of business – from part-time sole traders. small businesses to national dealerships.
Motor trade insurance or trader insurance is designed to provide protection for motor hobbyists, sole traders or businesses who work with other people’s vehicles. The minimum requirement for anyone working within the motor trade is to take out a road risk insurance policy, allowing for customer vehicles to be left within your care and under your control.
Recognising that people and organisations working within the motor trade have varying degrees of needs depending on the level of service offered, sourcing policies specifically designed to protect you and your venture is, indeed, one of our top priorities.
If you have been working within the motor trade for a number of years and are currently working out of a premise (i.e., garage, forecourt) then it could be worth exploring the possibility of combining all your various policies into one with a motor trade insurance combined policy. Helping you save time and money going forward.
We provide a simple, straightforward service ensuring you get bespoke coverage at an affordable price.
What we offer with our Motor Trade Insurance
- All types of No Claims Discount accepted including; Named Driver Discount, Mirrored Bonus, Private Car, Commercial Vehicle, Taxi and Motor Trade.
- Split indemnity is available for personal and customer vehicles, making your premium even cheaper!
- Excellent independent customer reviews from Feefo.
- Dedicated point of contact for your Motor Trade renewal.
- Scheme discounts for certain motor trades.
- Windscreen Cover for personally owned vehicles.
- Offer competitive rates for drivers with convictions on licence.
- Higher vehicle indemnity is available if required.
- Additional cover is available for Stock at Premises and Public Liability insurance.
- Clients obtain full access to the Motor Insurance Database.
- Very competitive premiums for Full/Part time motor traders.
- 24/7 claims line number – 0800 205 5589
We have over 30 years experience of in supplying affordable trader policies to the motor industry. During this time we have worked with a range of companies, providing valeters insurance, mechanics insurance, vehicle delivery insurance, garage insurance, tyre fitter insurance and used car dealership insurance to thousands of happy customers across the UK. Additionally, we have experience in providing part-time trade insurance for smaller businesses and sole traders.
Some of the amazing feedback we receive from our motor trade customers can be found on our Feefo profile where we have won the Gold Trusted member status 3 years running.
If you’re new to the trade, don’t worry, our professional and friendly sales team know the market inside out, so you don’t have to.
We won’t bombard you with legal jargon or try to oversell you products that you don’t need. Our priority is getting you the cheapest deal possible and making sure you are completely satisfied with your new policy.
Frequently Asked Questions
What is motor trade insurance?
Offering insurance specifically designed to cover private individuals or businesses that generate income from the motor trade industry, Nash Warren ensures comprehensive coverage. Regardless of whether you’re selling cars, repairing them, providing breakdown recovery services, or engaging in any other motor trade-related business, we have a policy tailored to protect both you and your customers’ vehicles. With our wealth of experience, we ensure you have the precise insurance coverage necessary for your business to perform optimally.
Does my business need motor trade insurance?
If you deal with customer vehicles or purchase vehicles for resale then you would require a motor trade insurance policy to cover you legally. Additional motor trade activities can include repairing and servicing vehicles, mobile mechanics, valeting, collection and delivery, tyre fitting and security device installers. Any business that accepts custody or control of vehicles belonging to others will require this type of cover.
What does motor trade insurance cover?
Our motor trade insurance extends coverage to vehicles in your custody or control for motor trade purposes. Furthermore, the policy often includes the option to cover your personally owned vehicles for social, domestic, and pleasure use.
How much does motor trade insurance cost?
Our Motor Trade Insurance begins at under £400, but we tailor each policy to match the policyholder’s requirements, and the costs reflect that customisation.
Does motor trade insurance cover me for all of my vehicles?
A motor trade policy insures all vehicles for a trade value. If the policy includes cover for your personal vehicles, you can also add them.
What age do you have to be to get motor trade insurance?
Motor trade insurance can be available from 23 years old; nevertheless, most insurers set a minimum age of 25.
Can I get motor trade insurance if I have a CCJ?
Yes – however this may affect the premium, so it’s best to get in touch with us and let our expert advisors help you to get the best and cheapest motor trade policy possible.
Can I get motor trade insurance if I have motoring convictions?
Yes, however, major motoring convictions can make it more difficult to obtain a motor trade policy. If you are unsure, we recommend you call and speak to an advisor who can help you.
Can I compare motor trade insurance?
Unlike personal car insurance, motor trade insurance is a bit more specialised. We’ll reach out to our extensive panel of providers to source and compare the best quotations on your behalf. We’ll inform you of the cheapest quote, as well as other quotes that may have different levels of cover. Allowing you to make a final informed decision to select the right cover for you.
