l33 griff

iTrader: (4)

can any one just get traders insurance?
whats your views???

Sclarke

Well anyone can......if they trade cars.

Though I have never been asked to, I guess you might be required to prove you do actually buy and sell or fix cars in order to satisfy a claim. They are wise to people using a trade policy to thinly disguise lower premiums for performance cars and normally the cheaper ones exclude performance cars altogether for social domestic and pleasure and only cover you if you are working.

If you do trade cars though it's a winner

leigh4x4

hi mate. i have a part time trade policy. i buy and sell the odd car from home plus i get to have my scoob covered on the same policy much cheaper than i would from a private insurance company

l33 griff

iTrader: (4)

umm well i did buy and sell a couple last year and was thinking of doing the same this year, also insurance on the scooby is fookin pricy so might get some quotes...

Northern Nick

iTrader: (1)

I used to have a traders policy, I used to be a trader, self employed mechanic hence needing one.

I made a claim on it one year when I wrote my MR2 Turbo off and i had to produce 3 years books to them to prove I was trading before they would even entertain looking at the claim.

Be warned, traders policies are fine for the odd producer but if you need to claim, they'll want more than, I buy and sell a couple of cars a year, they will want to see evidence and if you can't produce evidence then your insurance will be void and the tax man will have a few choice questions to ask also. Even if you say its to allow you to work on friends cars at weekends on a non profit basis, they will revoke your cover.

Thats speaking from experience.

Best to play safe and tell the trouth when applying and make sure you are covered properly.

l33 griff

iTrader: (4)

i would do it above board and put the cars through the books, although it would be a part time thing and only a handful of cars a year...

satancom

Its quite an interesting one.. My mate has agarage and obviously traders insurance, he jumps in and out of whatever car as he is covere don them. Now I do the odd car now and then and do work on a few of my mates and buy heaps to break..

Wouldn't make me a trader but its a right PITA moving cars as im only insured on me scoob/landy.. (I usually ask my mate to get cars mot'd as he is insured !)

leigh4x4

try dna insurance. im 23 and paying £950

Northern Nick

iTrader: (1)

If its all done above board then you should be ok, but tell them what your upto to make sure