How much does motor trade insurance cost?
The average cost of motor trade insurance in the UK currently stands at approximately £776. This marks a substantial £222 rise from the previous year, representing a 40% increase over the past year.
The cost is influenced by various factors. These include the nature of your business, the types of vehicles you handle, and the required level of coverage. To obtain personalised quotes and expert advice, consulting with motor trade insurance specialists is highly recommended.
Motor trade insurance is crucial for automotive businesses. It encompasses sales, repairs, and various other activities. It provides essential protection against numerous risks, ensuring seamless operations.
This guide aims to simplify the complexities of motor trade insurance costs. It assists you in selecting the appropriate policy. The premiums are influenced by factors such as your business type, the types of vehicles involved, and the level of coverage required.
What is motor trade insurance?
What factors influence the cost of motor trade insurance?
What are the different types of motor trade insurance?
How to find the best motor trade policy for your business
What additional cover can I add to my motor trade policy?
How can I reduce the cost of my motor trade insurance?
What is the role of a specialist insurance broker?
How to compare motor trade insurance with Utility Saving Expert?
Chris is a personal finance specialist who founded Council Tax Advisors in 2012, assisting over 250,000 people with their Council Tax debt. Observing that many clients overpaid on utilities, he launched Utility Saving Expert in 2014, an energy price comparison site. In 2016, the platform expanded its services to include consumer and business insurance comparisons. Utility Saving Expert stands out with its commitment to social responsibility, donating 10% of net profits to fuel poverty charities, underscoring its dedication to both client value and community support.