Cheap Traders Insurance

Protect your Traders Business.  Compare quotes from multiple brokers.

  • Part time traders cover for all business types
  • All occupations form Car Trader to Valeter'sFlexibile payment arrangememnts
  • Employers/Public Liability Insurance
  • Part time traders cover for all business types
  • Flexible Payments and Online Documentation
  • Combined Insurance Policies Available

What is Traders Insurance ?

Many types of trades exist typical examples include motor traders and bike traders. Whichever trade you are in we can provide you with multiple traders insurance quotes. We can help you by providing multiple car trader insurance quotes from a panel of select UK brokers and underwriters. To get started select the GET QUOTES blue button option above and complete one simple online form. Next, you will receive  multiple quotes, which you can compare to find one that best meets your business needs.

What is car trader Insurance?

Car trader insurance also referred to as road risk Insurance is cover specific to a business that deals with motor vehicles. These can be any type of motor vehicle, includunding vans, cars, motorbikes,electric vehicles and minibuses. Examples include dealers who buy and sell cars, mechanics that offer a repairing and servicing service, a garage or MOT center. Car traders can be either full or part time and policies are available to both of these trader categories.

What levels of motor trade Insurance are available ?

Road Risk Cover

This is financial protection for anyone who operates the vehicles on UK roads and is required by UK law. There are three levels of cover in this area. Each stated level below will include liability cover.

Third Party : The basic option is Third Party cover. This gives you the necessary cover to legally run your business. In essence it covers the cost of any damage to a third party only. In plain English it does not provide any cover for your possible indemnities such as damage to your vehicle's, legal costs or damage to your place of work.

Third Party with fire and theft: One step up from third party this adds extra cover for damage to your vehicle by fire and theft.

Comprehensive: This covers all above plus any damage to your own business. To repeat you will get all the benefits of the above two options plus protection for your own autos, even if you or one of your employees is responsible for causing the damage.

Combined Cover

This is financial protection for the vehicles under your control along with the buildings and equipment you own related to the business. You need to decide what level of Road Risk you need along with at what level the building, tools and equipment you want to cover will be at.


Who is required to take out a motor trade policy?

For anyone who deals with a third party vehicle, Road Risk motor trade insurance is required by UK law. This includes vehicle dealers who buy and sell vehicles, mechanics and even valets. If you have to operate a third party vehicle or a vehicle you will only own temporarily, you need motor trade insurance. Employees in the motor trade business are not required to have coverage if their employer has them covered under their policy.

Who is covered under a motor trade Insurance policy?

Any owner of the business or employee will be covered if and only if they are named in the motor trade policy. Some policies are written so any employee of a motor trade business will be automatically included as a named driver, but there are higher premiums associated with that type of cover.

Are you eligible to apply for trade Insurance?

Many underwriters will require solid proof that you qualify for motor trade insurance. This boils down to being able to provide proof that you work in the motor trade.  Examples of this type of trade work include the buying or selling of motors , the repair or valeting of vehicles or the transportation of vehicles. This is not a question of are you full time or part-time trader, but that you actively operate within the motor trade industry and that you can provide proof of this. In summary who will need to meet the following requirements.

  • Proof that you do work within the motor trade industry.  For example if you are a motor trader, buying and selling vehicles, the receipts will act as proof.  
  • You will need a full UK drivers licence and be over the age of 23

Some typical examples of traders insurance 

  • Part time traders insurance is a popular choice for traders that work part time in this lucrative dealer business. They, like full time traders need protection for their business. Get protected by taking out adequate insurance to protect your business against accidental damage to customer vehicles including damage by fire and theft. We can help by providing multiple quotes from multiple UK brokers exclusive to this niche.
  • under 25 traders insurance:  We work in partnership with QuoteSearcher so you can compare quotes from multiple fleet insurance brokers making sure that you get a wider selection of cover options.
  • Find out more about van traders insurance and how it can be used to lower your insurance bills. We have partnered with QuoteSearcher whose partners are able to help, by providing multiple quotes
  • If your business involves trading in motorcycles you will need adequate cover at an affordable price. We can help you compare deals on motorcycle traders insurance.

Traders insurance is available for part time traders and full time traders. Traders that trade from home or from business premises. A wide range of options are available from a range of brokers that include LV ( Liverpool Victoria) , Tradewise insurance, Aviva trades insurance, Tradex, Axa motor trade insurance and Aviva to name a few. 

Some ways to reduce your traders insurance premium

  • Consult with your broker to insure that you are only paying for cover that you need. Be careful not to under insure.
  • Brokers will charge a higher premium if you are dealing with high performance , classic or HGV vehicles. If you do not deal with these categories make you broker aware.
  • If possible reduce the number of vehicles that you have registered with the MID at any point in time. This can be an effective way to make a substantial reduction to your quoted premium.
  • Make sure all vehicles are stored in a secure location or garage.Improving security and buildings will always result in a better quote. 
  • If possible employ drivers over 25 with a clean driving record.
  • Increase the excess, the amount that you are responsible for in the event of a claim.

Find out more about motor trade insurance

If you are considering starting a motor trade business you will most likely carrying out online research to find answers to your specific questions. We have complied some start up guides, some of which may have answers to your trade start up questions. We have also an FAQ section which we regularly update with common and sometimes unusual questions that we get asked. Before taking out a motor trade policy, know what should be covered and at what level. Then shop for the best quote that provides what you need.

  • Valeters/Detailing Insurance ( mobile / from premsies )
  • Garage Insurance
  • Auto Mechanic ( mobile / from premsies )
  • Tyre Fitters Insurance
  • Motor & Bike Dealers Insurance
  • Auto Mechanic ( mobile / from premsies )

Compare a range of quotes from a panel of exclusive brokers

We work with a wide range of insurance brokers that offer policies that can be tailored to your exact business requirements. This means that the cover provided is not in excess of your actual requirements. This means that you only pay for the cover that you need. This is true for both full time or a part-time traders.

Compare  Traders Insurance

Protect your Traders Business today. Compare quotes from multiple brokers.