Part Time Motor Trade Insurance

Get more part-time motor trade insurance information

Motor traders working from home
What do I need to think about when working as a part time motor trader from home?

It's a person's dream to make a living from a hobby. The online part time motor trade insurance quote that we provide makes dreams come true. Our brokers are all to happy to assist in offering helpful tips and advice on how to lower your monthly insurance premiums.

What do I need to apply for part time motor traders insurance?

You do need to prove you are either an active buyer, seller or repair cars. As this insurance policy comes with quite a lot of perks. Built on a form of normal car insurance, the dangers of driving for your part time business are built on top. Therefore social and domestic use is included as standard. This just leaves you to consider high end machinery left in your vehicle and the tools you carry around. pay as you policeis can really help new start business.

While it is a simpler for part time motor trade insurance premiums, you do need to be up front about your exact services. As a trader you are legally obliged to have a variety of liability cover, to protect yourself and the public. This would be public liability to a certain value, for services and sales of vehicles, indemnity insurance. This covers parts and manual work in the event a claim occurs because of an accident or parts failure.

How does working as a part time motor trader, from home, affect my home insurance?

Please do note that your normal home insurance needs to be advised of work at home activity, especially when it comes to working on vehicles and having visitors to your home. In most cases normal home insurance doesn't cover additional work related events. If you are just setting up a bussiness and you have limited finance then a apy monthly or pay as you motor tarde insurnace policy could really help the business cash flow particularly with rising fuel costs aand rising interest cost due to the Ukraine war. If you have convcited drivers then again spreading the cost can be a benefit as when there are convcitions then the policy is more expensive.

This policy covers all work related activity at your home. It can be tailored to be a fully inclusive 'with premises' policy should you have an additional building you work from. Home addresses do not typically apply but you can contact us for further information. Your tools and vehicles will be covered for theft and fire / damage whether in your garage, in the vehicle or at third party premises such as a subcontractor.

How can I find suitable insurance for my part time motor trade specialism?

All road risks with breakdown recovery and extra attention paid to more dangerous part time jobs such as on call breakdown recovery agent, tipper or high end, luxury car and sports car transporter. Other specialist trades exist such as a car valeter or an auto electrician and if there is no NCB or other kind of bonus then this can present a problem for the owner, particularly when an any driver policy is needed.

How do I find the best insurance for my part time motor trade business?

To discuss the best part time motor trade insurance policy this side of full time work, do please complete the short enquiry form. We will endeavour to call back at your earliest convenience.

20 Questions regularly asked about motor trade insurance.


Can I get traders insurance if I have multiple convictions on my licence?

Can anybody get part-time motor trade insurance online quote?

How do I compare motor trade insurance with points or criminal convictions?

What is better when starting up full or part time cover

If I have no bonus what are the payment options?

How many vehicles can I have on a single traders policy?

Who offers the cheapest trade car insurance online quote?

Can I legally operate from home and buy and sell cars?

Is motor trade insurance cheaper from home than a premises?

Is a trade policy cheaper the older I get?

If I have a drink drive DR10 convictions, will I get cover?

Is inner London more expensive to get a policy than Birmingham or Manchester?

What is needed to get an online quote and compare all the rates in the market?

What are the benefits of a combined policy over a road risk policy?

Which is the best broker for a combined traders policy?

What is the age limit for somebody working from home?

What the best thing to do if you are numerous convictions on your licence?

What are the advantages and disadvantages of getting a quote on line

What is the best place to find out more about car insurance

Can I get a full time trade policy before I pass my test

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Are you working as a part-time motor trader? Here is everything you need to know about part-time motor trade insurance.

Advice About Part-Time Motor Trade Insurance

Part-time motor trade insurance is intended to meet the needs of people who operate in the motor trade on a part-time basis, as the name implies. This could be due to the fact that they have another business or work and acquire and sell vehicles in their spare time or patch them up for resale as a sideline. Whatever the circumstances, it is critical that they secure the appropriate insurance to protect the vehicles that must be driven, tools, maybe equipment, and vehicle stock, just like a full-time trader.

If this describes you, whether your involvement in the trade is something you do on weekends or in the evenings to supplement your other business or profession, compare motor trade prices to see what's available and getting a quotation for part-time motor traders insurance could help to save you money if you previously took out separate insurance on all of your vehicles separately.


What is motor trade insurance part time?

Part-time motor trade insurance is not significantly different from full-time insurance, with only a few critical changes made to adapt the coverage specifically for dealers who are active less frequently. Vehicle maintenance, servicing, restorations, MOT testing, tire, and exhaust replacement, valeting, and sales are all covered in both circumstances. As a part-time trader, you are less likely to have workers or your own premises, which will be reflected in the policy. It can also cover a second vocation; this is known as extra business use, and it means that both your motor trade business and your other business can be covered under the same policy. This would apply if you were working from home or a premises.

What is a part-time motor trader?

Part-time motor traders work in the motor trade business, but they frequently have another profession or primary occupation, or they do not deal with a large enough number of automobiles to necessitate additional insurance coverage. You will, however, require motor trade insurance.

What insurance do part-time motor traders need?

Most part-time traders work at home, whether servicing or purchasing and selling autos. If that's the case, you'll almost certainly require road risk insurance to protect the automobiles you're dealing with. This allows you to operate any vehicles in your possession in the course of your motor trade business.

If you wish to enable individuals even with convictions to test drive your autos or other vehicles while you are with them, you may add "accompanied demonstrations" cover to your road risk policy.
Those of you who do not work from home and own yourown business premises– whether it's a lock-up garage, a small forecourt, or a service and repair station – should consider traders' combination protection, which covers leased or owned buildings as well as on-site vehicle stock.
Whether you work from home or on-premises, you should consider employers' liability and public liability insurance to protect yourself from claims of alleged injury from employees or members of the public. Don't forget to insure the tools and equipment you'll need for the project.

Do part-time motor traders need special insurance?

In addition to the basic motor commerce insurance coverages, you should think about including coverage and comparing prices for a business vehicle in your policy. We frequently discover that part-time merchants have another trade. Whether you're a builder, plumber, painter or decorator, we can arrange cover for this vehicle on request.
As your company expands, we can look into providing more insurance coverage to match your needs. Simply ask, and we'll walk you through your alternatives. As your company expands, we can look into providing more insurance coverage to match your needs. Simply ask, and we'll walk you through your alternatives.

What are the Key features of part-time motor trade policies?

There are two sorts of motor trade insurance coverage. There are two types of insurance: combination insurance and road risk insurance. Because many part-time traders do not operate from a fixed location, road risk insurance may be the best method to cover both the vehicles in use and those held as stock. There are three levels of policy available, like with other types of automobile insurance: third party, third party, fire and theft, and comprehensive. Get part time motor trade insurance with premises, then part timers can obtain motor trade combined insurance which includes coverage for tools, buildings, money, equipment, machinery, and business interruptions for a variety of reasons. Product and public liability insurance may be necessary as well.
A decent part-time motor trade insurance policy should be adaptable to match the wide range of activities that can be done in the industry. Policies typically include optional extras that allow the applicant's specific needs to be analysed and the policy adjusted to work for them. Depending on the type and scope of the business, these optional features may include material damage protection, multiple or single driver cover, spouse or business partner cover, additional business usage cover, and many other goods.

Part-time traders offer their customers a crucial service that is as professional and skilled as their full-time colleagues. As a result, insurers must understand this segment of the market and recognise the need for coverage that is as flexible and varied as possible while still working well for the businesses involved.

Considerations as a part-time motor trader

We understand that not everyone in the automotive industry works full-time. You may buy and sell a few automobiles or service vehicles in the evenings to supplement your income, or you could repair old cars and resell them for a profit. Whatever you do, be sure you're protected.

Have you considered?

  • Is it necessary to insure your customers' vehicles in order to road test them?
  • If a vehicle is destroyed or stolen, what happens to the money?
  • Is it possible to make a claim as a result of the work you have done?
  • What is the monetary value of tools and equipment if they are destroyed or stolen in a large city like Birmingham or London?
  • What savings could you make by adding coverage for your primary occupation to your motor trade insurance?

How To Reduce Your Part Time Motor Trade Insurance Costs

Part time motor traders come from different backgrounds, ex industry topping up their pension, full time employees in the motor trade supplementing their income, work from home Mums and Dads helping the family with additional money while looking after the children or simply a hobbyist turned serious. Flipping cars or making repairs on vintage motors is a popular pastime. All have one thing in common, a desire to reduce part time motor trade insurance costs.  There are a few handy tips that can help you lower the cost of insurance for part time traders. The first and obvious point is to use a specialist broker in trade cover offering cheap online insurance quotes. One that knows loopholes and how to sell a policy no matter your income level or turnover. The best broker will tear a policy document apart, pulling out all the particulars that are not of any use , this will not apply to convicted drivers or drivers with criminal convictions.  The cheapest policies are when there are no claims obviously and the drivers have low or ideally no convcitions.

If your part time motor trade business is not repairing and fixing up classic cars, vintage, sports or heavy goods vehicles, this instantly removes a threshold from a policy offer. Why? Not only do HGVs require additional cover because of the damage they can do in a collision but are considered high risk. In the same vein as sports cars which may be tested for the ability to reach maximum speed, but also sports and classic cars are highly sought after by thieves.  See the advantages of working from home here. Parked on your driveway or when seen being operated on during the day and in your garage, the car becomes a target. 

Payment options for part time new start ups

A secondary aspect is cover for demonstration, delivering and collecting. Under this policy part you have supervision and responsibility for the car in your care. Not only does indemnity come into play if a repair you make causes a part to become faulty or is the cause of an accident after you return the vehicle to a customer. Replacement parts for classic cars and sports cars may be hard to replace making them more expensive. To reduce or lower costs alot of new start ups or businesses with no NCB will use pay monthly or pay as you solutions for any driver policies. By far the cheapest part time motor trade insurance costs will be offered to those traders working from home that are buying, selling and repairing cars that are considered modern. Vehicle parts that are easily sourced and still being manufactured. Insurance isn't just about covering for an accident and payout. The frequent minor issues might be for replacement windows or a part of an exhaust. Which is why a broker may add another tip suggestion, heightening your excess. The excess amount in trade insurance is the amount you are willing to pay to support the claim and fix the problem and hopefully get cheaper premiums in the long run.. The insurance policy will pick up the majority of the cost, however if historically you don't make claims because you are a safe driver or take more care than others, then a higher excess should mean your monthly or annual premiums will reduce for part time motor trade insurance costs overall.

Always be honest with a broker, it could save you money. If you state you have the best home security in the world when it's really quite lax, you're missing out. Detail your lack of security and address the situation with a few extra locks and a fence and your long term premiums should come down. With regards to all road risks, do menti on your private car insurance no claims bonus, this may well be carried on to your new trade policy with a future bonus at renewal or claim time. If you have trade plates this can help lower costs, and keeping the amount of vehicles registered on the Motor Insurance Database (MID) to a minimum is best practice. If a car is off the road for three months, note it down. This becomes harder if you are a convicted driver and have serious convictions as the premiums rise and get higher it effects the overall running costs of the business and this can cause credit and financial issues with lenders and also insurers.  To lower the overall price then getting a motor trade insurance working from home polices may be the answer. If the car was sold ensure the system is updated. All insurers check the database, the amount of vehicles registered in your name affects premiums.

Reducing part time motor trade insurance costs is not difficult and ensuring you stay claim free can be achieved too even if sometimes it means paying out for a repair or parts replacement on the books. Whether you're in breakdown recovery or MOT or repairs, if your business type changes do let your broker know, premiums may be lowered if your activities are judged to be less risky. 

If you would like to get more part time information or receive a quote for your part-time motor trader business then don’t hesitate to get in touch withTraders Insurancetoday.