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How do you qualify for traders insurance?

How do you qualify for traders insurance?

To be eligible for a motor trader policy, you must provide proof that you operate within the motor trade industry. So, if you run a business that is related to either cars, vans or motorbikes and involves servicing or even selling vehicles, you would qualify for a motor trader policy.

Can you drive any car with traders insurance?

If a potential buyer takes a car for a test drive, they need to be insured in case an accident happens. Your motor trade insurance policy can cover this. Drive all types of car covered by your policy. Instead of being restricted to driving a particular make and model, you can drive all cars permitted under your policy.

Can I buy and sell cars without trade insurance?

Yes, you do need traders’ insurance to sell cars from home or on a part-time basis. If you don’t have a motor trade policy, your vehicles won’t be covered in connection with your business.

Do trade plates cover you for insurance?

If you’re a motor trader or vehicle tester, trade licence plates allow you to carry out your business without registering and taxing every vehicle temporarily in your possession. All vehicles must be covered by insurance and have a valid MoT in place, unless they are exempt from MoT requirements.

How does Traders Insurance work in Northern Ireland?

A traders insurance NI policy here in Northern Ireland can include public liability, road risk, premises, and asset cover. There is even a combined policy which can cover all of these. Motor trade policies typically are custom tailored to a business’s specific needs and requirements

Do you need specialist motor trade insurance in ni?

As Motor Trade insurance is a specialist type of insurance, you’ll want to ensure that your policy is dealt with by a professional firm, based in NI or the UK. We know that if you run a business in the motor trade industry, that you most likely value your time.

What does it mean to have Traders Insurance?

Motor Trade insurance – or traders insurance NI as it is often called means that a business and its staff will be covered when driving or working on a customer’s vehicle or any that the company owns. One of the most important aspects of this kind of policy is its extreme flexibility.

Where can I get Brady insurance in Northern Ireland?

Whether you are a small trader or a major car sales operator, Brady Insurance can find a policy to suit you. Visit one of our Northern Ireland branches in Enniskillen, Pomeroy, Fintona or Castlederg and talk to our experts today.