What is Motor Trade Insurance? Part 3

Posted on 24 August, 2011 by Steve

Image: akeeris / FreeDigitalPhotos.net

In Part 3 of What is Motor Trade Insurance? We are going to discuss the final levels of cover you can get with a Motor Trade Policy.

Firstly, after Third Part Fire and Theft which we discussed in the What is Motor Trade Insurance? Part 2 article, you have Comprehensive Insurance. This covers you (the motor trader) for accidental damages to any of the vehicles connected with the motor trade. As well as this you are covered for everything mentioned in the Third Party Fire and Theft cover.

The final level of cover we are going to discuss is a Combined Policy. This level of Motor Trade Insurance covers your vehicles, premises, liabilities, tools, money and contents. It is designed to cover and protect the entire business.

It is important when picking a level of cover for your motor trade business that you get a policy which meets your requirements. If you would like a Motor Trade Insurance Policy and require a quote, speak to Broadsure Direct and we can advise you further, call us on 0845 658 6587.

What is Motor Trade Insurance? – Part 2

Posted on 17 August, 2011 by Steve

Part 2 in our What is Motor Trade Insurance? series looks at Third Party, Fire and Theft policies. In the last post we looked at Third Party Only Motor Trade Insurance and what is covered with TPO policies. With Third Party, Fire and Theft motor trade cover, you are covered for everything in a Third Party Only Motor Trade Policy, including the following:

fire damage to any vehicles connected to the motor trader.
cover for theft of vehicles connected to the motor trader.

In Part 3 we will look into Comprehensive cover in Motor Trade Insurance.

Government transport rules

Posted on 20 May, 2010 by Steve

Today the governments rules and plans were unveiled, more specifically, transport plans. There some interesting points in which they have made, firstly for our hgv insurance customers, the government plans to introduce a system in which hgv drivers will be charged to ensure that UK hauliers meet a new fair usage policy.

General motor plans in which our motor trade insurance customers may find useful is that the newly formed government are planning a national recharging network for all the new hybrid and fully electric vehicles that are going to be growing in popularity. Something in which the government is highly focused on is cutting emissions. Lastly, they are going to put a stop to central funding for fixed speed cameras. We’ll let you be the judge on that last one.

Head over to Broadsure Direct for more information on motor trade insurance or hgv insurance.

New Internet service could benefit Motor Traders

Posted on 23 April, 2010 by Steve

Internet giant Google have already “wowed” the world with its Google Street Map views of the world, enabling you to effectively walk around entire city’s without even leaving your home. Well the service currently only shows exterior views of buildings but Google are offering an extended service to Motor Traders/Dealers who wish to show off the interior of their premises/showrooms. Its a great opportunity for the traders to create a great impression of their interior and exterior and entice consumers to visit. Immediately people will be able to know more about their business and what to expect when visiting.

Broadsure direct offer Motor Trade Insurance, you can visit our website and fill out our quote form here.

Is protecting your no claims really worth it?

Posted on 2 December, 2009 by Steve

A nice idea to those wishing to protect their years of working up a good no claims record on their insurance premium. Whether you have motor trade insurance or just simple car insurance, is paying out for protecting your no claims discount really worth it?

Most insurance companies will have their own ways of calculating the actual discount you receive for having no claims so therefore it will have to be worthwhile to them having no claims protection. Some offer free bonus protection where as some companies can put a lot more onto a premium in exchange for no claims protection.

If you wish to get a quote for motor trade insurance then visit our motor trade insurance page for more information.

Interesting Car Facts

Posted on 1 December, 2009 by Steve

Here’s some facts relating to cars and insurance:

Did you know the first insurance policy that was taken out was in the U.S in 1897!
The longest traffic jam ever recorded was around 110 miles long in France.
The idea of the windshield wiper was originally thought of by a woman!
In the early days of cars, they didn’t use a steering wheel instead, they used a lever to manoeuvre.
Porsche originally badged their cars the 901 until a fall out with peugeot, then they were badged 911, one of the most well known model numbers in car history.

Comment below if you wish to see more facts on cars, insurance etc. Remember, Broadsure Direct offer insurance for cars, fleet vehicles, hgvs and motor trade. For more information click the links.

Motor Traders predict recession will last

Posted on 27 November, 2009 by Steve

After research carried out recently, it has been revealed that many motor traders believe that the recession will last a longer that it was originally thought.

We have been hearing that the recession is coming to a close and that the motor trade business will begin to pick up again at the start of next year but it appears that may not be the case. Some companies are planning on making job cuts and reducing their payroll over the coming months to tackle the recession so from this it doesn’t seem like things are improving any time soon. There have been reports of job cuts within the motor industry but for it to continue means that perhaps the country isn’t full out of this recession yet.

Motor traders, visit broadsure direct for motor trade insurance here.

Credit Crunch affects Motor Trade jobs

Posted on 25 November, 2009 by Steve

The Motor Trade industry has been affected a lot in the last year with literally thousands of jobs being cut.

Around the same time as the ‘recession’ and ‘credit crunch’, many motor trade employers and motor trade companies have been going bust or into administration. This has meant that employees of these motor trade companies have lost their jobs. Of course some of the employers have had to make cut backs in their staff which has meant they have lost their jobs but one thing is clear, the motor trade industry has most definitely been affected by the recession and resulting in a rise in unemployment. Hopefully with the recession on its last legs and almost over, these motor trade companies can either build back up or will improve their sales enough to start increasing motor trade jobs.

Broadsure Direct offer motor trade insurance so if you want a motor trade quote, visit our website for more information.

Scrappage scheme extended again!

Posted on 23 November, 2009 by Steve

Companies are looking to continue the scrappage scheme right up to the general election next year. Many are worried that if the scrappage scheme ends at the last quarter of this year then come the beginning of 2010, companies will suffer greatly. With the amount of new business and popularity of the scheme it has generated, it wouldn’t surprise me if it did continue right through to the election. Hopefully by this point the country’s economy would have evened out and possibly come further out of recession for the scrappage scheme to stop and not have a major impact on companies revenue.

Broadsure Direct offer various types of insurance including car insurance, motor trade insurance, hgv insurance, fleet insurance and more. Visit our website for more information and find out how to get a quote.

General Motor’s Owner Resigns

Posted on 10 November, 2009 by Steve

The boss of General Motor’s is set to resign when the company has recruited his replacement. According to the motor company, they had already started searching for a new boss for Opel/Vauxhall but now they are on the hunt for a new GM boss too.

We have been covering what’s been happening with a proposed buy out of the company with the Canadian company Magna International and when it fell through, we weren’t expecting the boss of the motor company to step down. Until his replacement is found, Carl-Peter Foster will resume his normal duties.

For motor trade insurance, you can visit broadsure direct at our motor trade insurance page.

Broadsure Direct Blog

Car, HGV, Fleet News

Tag Archives: motor trade insurance