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traders insurance?

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  • Quote
    Quote Posts: 8,042 Forumite
    The motor traders I used to insure had premises, stock, provided sales and servicing and needed the appropriate indemnities. They were covered for the loan and hire of courtesy vehicles as well as driving vehicles in their custody or control either for named drivers or any employees. I'm not dissing the Arthur Daley style of one-man-band car sales, I'm just saying that it doesn't sound like a particularly good risk.
  • Sally_A
    Sally_A Posts: 2,266 Forumite
    1,000 Posts Combo Breaker
    The new (ish) Aviva small policy gives Tradex and MMA a run for their money, so long as you don't abuse it (ie: they won't cover a family fleet for young drivers), it's up to around 5 named SDP drivers, RR only, PL/Products/Sales Indemnity as optional extra, vehicles parked off the road, eg in your drive will incur extra costs (mad, I know). There are a few stipulations in that if you buy at auction, the vehicle must be looked over and logged as such with a bone fide garage.

    Even though Aviva's claims are not great at the mo, I would much prefer this policy to MMA, Tradex etc......in fact my OH has this policy, moved it from Motor Trade Solutions that would not include motorcycles on their policy.
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