- Appetite
- Motor trade-focused MGA; a strong starting point for specialist consideration.
- Check
- Check trading activities, road risks versus combined requirements, driver restrictions and vehicle value limits.
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Reading the risk
For: Motor trade
We couldn't tell the trade from that, so these are the broad commercial markets. Add the trade and the class of cover for a sharper list.
What underwriters will focus on
Motor trade risk, but the trading activity and whether road risks only or combined cover is needed are unspecified. Underwriters will focus on drivers, vehicle types and values, claims history and any premises exposure.
Where to start
Haven Insurance Company Limited Source
Quote online (own portal), Submit to underwriter · Own portal (ICE-powered broker portal, legacy portal for private car and van), SchemeServe (motor trade, short-term, taxi) Source
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We found 20 UK markets that write motor trade: 8 insurers, 11 MGAs and 1 Lloyd's markets. Commonly listed: Tradex, Granite Underwriting.
Road risks cover hinges on who drives, their ages and the maximum vehicle value, while combined policies add premises, stock and liability. Insurers want proof of genuine trading and details of any work on customers' vehicles.
motor trade road risks, combined motor trade, traders policy, garage insurance
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