Motor Trader Insurance

As an motor trader, you know the obvious risks: the value of your business sits vulnerable, on display in showrooms or at home and open lots all day and all night.

But does your motor trader insurance policy also consider the liability inherent in doing business, having employees, and the exposure that comes from of hundreds of people visiting your lot each month? Not to mention, the very real possibility one of them is just out for a quick injury or omission claim against you?

Not to mention claims arising from buyers who give (accidentally, or on purpose) false information to secure a vehicle, which can be just as devastating to your business as a theft or damage to your inventory.

Since every business is unique. Crosby Insurance Brokers considers all aspects of your particular business to create a comprehensive business policy. You can trust us to make sure you you have the right insurance coverage designed to match the individual aspects of your business.

What is Traders Insurance

What does the policy cover?

A comprehensive motor trader insurance policy can include cover such as:

  • Property damage and bodily injury – covers possible damage from lot and garage-related operations
  • Garage keepers – covers damage to vehicles and customer vehicles left by customers
  • Garage-owned vehicles – covering damage to garage-owned vehicles or stored
  • Owned vehicles – providing protection for claims arising out of ownership and disagreements
  • Hired vehicles – protect vehicles you or your employee rent or borrow for business purposes
  • Non-owned vehicles – cover your partners, employees or members of households using vehicles for your business or personal affairs
  • Temporary substitute vehicles – protect your owned autos in case they are disabled and you must use a temporary vehicle
  • Newly acquired vehicles – protect new or additional vehicles acquired during the policy period.

Motor Trader Insurance

Optional Cover

Crosby Insurance Brokers also offers your business more complete coverage at great rates, including:

  • Defective Product and Faulty Work Cover to protect the products and work performed by your shop should the work or parts result in an accident that causes property damage to your customer’s vehicle (broadened garage liability cover)
  • Customer vehicles Actual Loss Sustained to cover the amount of the actual loss of a customer’s vehicle, regardless of the financial limit.

You can save even more by writing this cover in conjunction with a [company] business property policy and provide a complete protection package for your business.

What is traders insurance

Worried about costs?

Don’t be. Crosby Insurance Brokers motor trader insurance is some of the most affordable protection available. Lot’s of traders new to the business want to know what is traders insurance. It is essentially for anyone who works in the motor trade whether full  time or part time. Either buying & selling, mechanical repairs, servicing and so on. Any motor trade activity will be considered. I hope this explains what is traders insurance but if you need any further help complete the online form or give us a call and we will guide you through it.

We have policies perfect for owners of new and used car sales dealerships and those working from home. And we offer an affordable way to eliminate the risks associated with holding an expansive inventory of garaged or open forecourt vehicles.

Crosby Insurance Brokers

You may think you want the cheapest insurance you can find, but realise you may not be getting everything you bargained for…

While most motor trader insurance products are similar in price and function, insurance providers are very different when it comes to structuring a policy that actually covers you.

There’s no such thing as a one-size-fits-all insurance policy when it comes to your business.

We protect businesses and people we know and care about, and that means we always look for ways to protect you better, including carefully choosing the insurance companies we represent to be both affordable and responsive.

Click on the quote request button now and let the professionals at Crosby Insurance Brokers help you forge the strongest shield possible to help you protect the things you are working hard to build.

We offer more than just a policy

See what we can do for you today