Part-Time Motor Trade Insurance
Flexible insurance designed for individuals carrying out motor trade activities on a part-time basis.
JMG Motor Trade provides part-time motor trade insurance for people who buy and sell vehicles, carry out repairs, valet cars, offer recovery services or work within the motor trade alongside another occupation. We can help arrange tailored cover to protect you while driving customer and stock vehicles as part of your business.
What Is Part-Time Motor Trade Insurance?
Part-time motor trade insurance is designed for individuals who carry out motor trade activities alongside another job or business. If you buy and sell vehicles, repair cars, valet vehicles, or provide breakdown recovery services, you may be required to have motor trade Insurance even if you only work part-time.
Most part-time motor trade policies start with road risk insurance, which provides the minimum level of cover required to drive vehicles in connection with your motor trade activities. Depending on your business requirements, you can also add additional protection to create a policy that suits the way you work.
Need Part-Time Motor Trade Insurance? Call the JMG Motor Trade team on 01323 446 485 for a tailored quote and expert advice.
Levels of Part-Time Motor Trade Insurance Cover
Like full-time Motor Trade Insurance, part-time motor trade insurance is available in three levels of road risk cover.
Third Party Only
Third Party Only is the minimum level of cover available by law. It covers damage or injury caused to other people, vehicles or property but does not cover damage to the vehicle you are driving.
Third Party Fire and Theft
Third Party Fire and Theft provides the same protection as Third Party Only while also covering vehicles in your care if they are stolen or damaged by fire.
Comprehensive Cover
Comprehensive Cover provides the highest level of protection and can cover the vehicle you are driving following an accident, regardless of fault.
It’s important to note that insurers usually cover the trade value of a vehicle rather than its retail sale value.
What Does a Part-Time Motor Trade Policy Cover?
Part-time motor trade cover can provide protection for a range of motor trade activities. The exact level of cover depends on your policy and business activities, but cover can include:
Road Risk Insurance
Road Risk Insurance forms the foundation of most part-time motor trade insurance policies. It helps protect you when driving customer vehicles or stock vehicles in connection with your business activities.
This may include:
- Collecting and delivering vehicles
- Driving customer vehicles
- Attending vehicle auctions
- Test driving vehicles
- Transporting stock vehicles
Public Liability Insurance
Public Liability Insurance can help protect your business if a customer, supplier or member of the public suffers injury or property damage as a result of your motor trade activities.
Tools and Equipment Cover
If you rely on specialist tools and equipment to carry out repairs, valeting or servicing work, you may be able to add cover to protect them against theft, loss or damage.
Additional Motor Trade Cover Options
Depending on your business activities, you may also be able to add further protection such as employers’ liability insurance, demonstration cover, breakdown cover and internal risks cover.
Is Motor Trade Insurance Required for Part-Time Traders?
Motor trade insurance for part-time businesses is suitable for a wide range of motor trade activities, including:
- Vehicle traders buying and selling cars for profit
- Mobile mechanics
- Vehicle repair specialists
- Vehicle valeting businesses
- Breakdown and recovery operators
- MOT testing businesses
- Vehicle bodyshops
- Car enthusiasts who regularly buy and sell vehicles as a business activity
Part-Time Motor Trade Insurance FAQs
Choosing the right policy can be confusing, particularly if you’re new to the motor trade. Below are answers to some of the most common questions we receive from traders.
If you regularly buy and sell vehicles for profit, insurers may consider this a motor trade activity. Part-Time Motor Trade Insurance can provide the cover needed to drive and handle vehicles as part of your business.
Part-Time Motor Trade Insurance typically includes Road Risk cover, allowing you to drive customer and stock vehicles for business purposes. Additional options such as public liability, tools cover and internal risks insurance may also be available.
Yes. Many people carry out vehicle sales, repairs, valeting or recovery work alongside another occupation. A part-time policy is designed specifically for traders who operate on a secondary or limited basis.
Road Risk Insurance is usually available on a Third Party Only, Third Party Fire and Theft, or Comprehensive basis. The right level of cover will depend on your business activities, the vehicles you drive and your individual requirements.
The cost of cover varies depending on factors such as your trade activities, vehicle types, location, claims history, driving record and level of insurance required. A personalised quote will provide an accurate price based on your circumstances.
Speak to a Motor Trade Insurance Specialist
Finding the right insurance doesn’t need to be complicated. Our team will take the time to understand your business and recommend the most suitable level of protection for your needs.
Call 01323 446 485 or get in touch through our contact page to request a personalised quote.
