Driving vehicles connected with the declared motor trade business.
Broader motor trade protection
Combined Motor Trade Insurance Explained Clearly
A combined policy can bring road risks, premises, tools, customer vehicles and liability protection together around the way your business actually operates.
General pre-launch information only. Cover will depend on the insurer, policy wording and your circumstances.
The basic difference
More than cover for driving vehicles
Road risk insurance is mainly concerned with vehicles driven for motor trade purposes. A combined motor trade policy may add protection for the premises, business contents, machinery, tools, customer vehicles left in your custody, liabilities and interruption following insured damage.
The right structure depends on your activities, property, staffing, vehicle movements and contractual responsibilities.
Information worth preparing
- Full description of activities
- Premises construction and security
- Tools, stock and machinery values
- Employee and wage details
- Vehicle movements and custody
- Claims and risk improvements
Potential sections
What a combined policy may include
Buildings, contents, tools, machinery and stock following insured events.
Employers’, public and products liability subject to the policy terms.
Vehicles in your custody or control for service, repair, sale or testing.
Financial protection after insured damage disrupts trading.
Money, goods in transit, engineering inspection and legal expenses may be available.
Related Motor Trade Insurance Guidance
Focused commercial insurance guidance
Combined motor trade cover in simple terms
Road risk cover deals mainly with driving for motor trade purposes. A combined policy can add cover for premises, tools, stock, customer vehicles and liabilities.
Not every business needs the same sections. A garage, dealer and recovery operator can have very different risks even when each uses motor trade insurance.
- List every business activity.
- Value tools and stock carefully.
- Explain how customer vehicles are handled.
- Check liabilities and policy conditions.
The cover should follow the way the business actually operates.