Submitted by: Ungira Pandit

According to HSE Statistics, in 2006 and 2007 there were 28,267 serious injuries to employees reported in the workplace! Motor trade insurance ensures that you, your vehicles, your employees and the public are covered if ever the situation arises. Motor Trade Insurance is a necessity for individuals in the automobile industry such as mechanics, car dealers, garages and dealerships. It could be a storm, an accident or a vehicle that is stolen which could cause you major loss of revenue. Motor trade insurance cannot prevent such situations but it is designed to cater to your needs and assure you protection during such incidents. It protects your assets that you have worked so hard to attain so you can continue running your business successfully year after year.

Motor trade insurance is generally ideal for individuals between the ages of 21 to 70 years old. The individual applying for motor trade insurance must be living in the UK for more than one year. Someone applying for motor trade insurance should also have a UK license for more than one year and should have no convictions or criminal offenses in the last five years. It is imperative to provide precise and authentic information when applying for your motor trade insurance policy. Neglecting to provide accurate information could cause your policy to become invalid. Insurance brokers will guide you to understand what constitutes as material information when applying for your insurance policy. It is advised to read all policy documents carefully to understand the basics of the policy you are purchasing.

The perfect motor trade insurance plan consists of low premiums with effective coverage to cover all aspects of your motor trade business. The insurance plan should fit the basic requirements and the budget of your business. It is usually quite difficult to find a low cost motor trade insurance plan but it is definitely possible with some research. The first step to obtaining a cheap motor trade insurance plan is to hire an insurance broker.

I know, you may be thinking it is an unnecessary expense when you can find a motor trade insurance plan for yourself. But an insurance broker will save you the time and effort it takes to finding the right insurance plan. Insurance brokers also have a lot of resources and contacts to find the cheapest and most suitable insurance plan for you. An insurance broker will be able to break down the insurance plan for you to understand exactly what you re getting in to so you re not signing anything with your eyes closed! They will also be able to caution you from insurance plans that may be skipping out on certain aspects of coverage you may need for your business or unnecessary insurance deductibles. Motor trade insurance will be the largest monthly and yearly expense for your business and that s why it is extremely important to get the cheapest insurance plan possible. It is the responsible thing you can do for you, your employees and your business.

About the Author: Quote Me Today are well known insurance brokers with many years of professional experience. Quote Me Today is dedicated to help you look for an ideal

motor trade insurance

plan to cater to your needs so you can continue running your automotive business effectively and worry free.

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