Starting a Motor Trade Business When You’re under 25
Starting a Motor Trade Business when you’re under 25 is possible, but there are a few restrictions and qualification required. If you decide to proceed make sure you have under 25's trader insurance that provides comprehensive cover.To help those of you interested in this business sector we have created this helpful resource page.
What are the qualifications to legally open and operate a Motor Trade Business in the UK?
Why does the motor trade insurance cost more for owners under the age of 25?
What types of vehicles can a person under the age of 25 sell and still have motor trade insurance coverage?
An owner of the motor trade company under the age of 25 cannot be covered for all types of vehicles due to the high risk factors.
What vehicles cannot be covered?
Who would not be approved for a motor trade insurance policy?
How can you reduce the cost of your premiums?
This helpful resource page can assist you on who can be covered and what can be covered when you are starting a Motor Trade Business when you’re under 25 years of age. If you have any questions or wish to take out a policy our friendly insurance brokers can assist you in finding the right coverage for your business in a budget you can afford.