Motor trade preparation guide
Documents Needed for Motor Trade Insurance
A well-prepared submission can reduce delays, avoid repeated questions and help insurers understand the business accurately.
Core business information
- Business identityLegal entity, trading name, address, company number and trading history.
- ActivitiesA complete description of repairs, sales, recovery, valeting, MOT testing or other work.
- Turnover and wagesCurrent and projected figures split where different activities create different exposures.
- ClaimsUsually several years of confirmed claims experience, including outstanding claims.
Road risk information
Prepare driver names, dates of birth, licence details, convictions, claims and occupations, together with the types and maximum values of vehicles driven.
Combined-policy information
Buildings, contents, machinery, tools, stock, customer vehicles, security, construction, fire protection and business interruption figures may all be required.