Trader Insurance
20 September 2006, 02:19 PM
#1
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Trader Insurance
Hello,
I have started to buy and sale cars as a part-time business and was wondering how i would go about getting traders insurance and all the benfits they get. where do i start all comments welcome
I have started to buy and sale cars as a part-time business and was wondering how i would go about getting traders insurance and all the benfits they get. where do i start all comments welcome
20 September 2006, 02:28 PM
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how about phonong up your insurance company and asking ?
you usually have to give them a list of cars you have for sale so they can guage what sort of price bracket you are dealing with so they can adjust your premium to suit .
there are specialist companies that can do this . not sure of any myself but im sure any car mag will have the answer .
you also want to apply to the dvla to get trade plates . if you even only have to drive one car a year with out tax it is worth it
you usually have to give them a list of cars you have for sale so they can guage what sort of price bracket you are dealing with so they can adjust your premium to suit .
there are specialist companies that can do this . not sure of any myself but im sure any car mag will have the answer .
you also want to apply to the dvla to get trade plates . if you even only have to drive one car a year with out tax it is worth it
20 September 2006, 03:07 PM
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I used to insure via a company called tradex, seemed reasonable at the time, I'd expect a bill of 1.5 -5k depending on the sort of cars and your age.
Also worth bearing in mind, if you claim of a traders policy you only get trade value back not retail.
Also worth bearing in mind, if you claim of a traders policy you only get trade value back not retail.
20 September 2006, 04:08 PM
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www.motortrademonthly.com can provide you with an easy start. Handy for registering imported cars too.....
Who's your daddy?
Who's your daddy?
20 September 2006, 05:33 PM
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i pay £800 anything upto 20k payout that includes my 20k audi for my own use it costs £800 per year ...bargain 
it cost 800 when i had a jap scooby
with highway find them and more in the back of an autotrader
it cost 800 when i had a jap scooby
with highway find them and more in the back of an autotrader
20 September 2006, 05:35 PM
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Tradex belong on the Pirates thread.
Incredibly high premium for crap cover.
Drop me a line offlist and I'll put you in touch with a specialist broker who may be able to help. He's just done a cracking policy for my magazine
SB
Incredibly high premium for crap cover.
Drop me a line offlist and I'll put you in touch with a specialist broker who may be able to help. He's just done a cracking policy for my magazine
SB
20 September 2006, 06:18 PM
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ive been with mma for the last 5 years, never had a problem mind you i havent claimed lol
they will ask you what percentage you do, ie sales mechanic, just say 100 % sales, sdp cover, demonstration cover is around £100 extra
i pay £700 for my cover mind you imlimited to each claim for £7500 but seing as i dont sell cars that dear its not a problem
as long as im fully comp and can drive anything i dont care, im not covered for motor homes motor bikes and recover vehicles that carry more than two cars
they will ask you what percentage you do, ie sales mechanic, just say 100 % sales, sdp cover, demonstration cover is around £100 extra
i pay £700 for my cover mind you imlimited to each claim for £7500 but seing as i dont sell cars that dear its not a problem
as long as im fully comp and can drive anything i dont care, im not covered for motor homes motor bikes and recover vehicles that carry more than two cars
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