What is a Motor Trader Insurance Policy?

What is Motor Trade Insurance?

A Motor Trader Insurance is an insurance policy applied by the traders you live on buying and selling of cars. It is also commonly known as Trader Car Insurance. This insurance helps in covering the risk of all the traders who chose trading of cars as their business. Until the car or Motor is in their custody, the insurance is applied on any loss or damage occurs on the Motor. There are many types of this insurance policy too. You can compare motor trade insurance of different companies and make the best decision which is suitable to your business.

Few Types of Motor Trade Insurance?

The first would be the Road Risk Insurance. This policy is applied by the traders on an individualistic basis. Like keeping in mind any fire accident, theft, test drive accidents or damages or any of the losses similar to these.The other type would be Combined Insurance. A combined Insurance policy is a type of Motor Trader Insurance which helps in insuring the risk of the trader if his trading premises is different from his home. This type of insurance is not very specific and is applied on all of the vehicles in the premises.

Where to find and compare the Motor Trade Insurance?

You can compare motor trade insurancepolicies of various companies and types easily online. There are few online websites which would meet all of your needs in the comparison. You can easily compare the different policies on the basis of their cost or premium rates, their terms and conditions, their prices, their durability or time period and many more. It also helps you cover the third party policy or any other legal expenses, breakdowns, employer’s liability, public liability and many more. In a few clicks, you can apply for the best Motor Trader Insurance.