Motor Trade Road Risk Insurance

In your own or your customers’ cars – we’ll keep you covered

Road risk insurance is the minimum legal cover level needed by those working in the motor trade who drive vehicles they don’t own. Examples of motor trades include:

• Car dealership services
• Car repair services
• Vehicle restoration services
• Valeting services

When you work in the motor trade, you’re bound to end up with a customer vehicle in your care at some point. And when that vehicle is your responsibility, you need to make sure you’re covered with sufficient road risk insurance while you carry out your work.

That’s where a motor trade road risk policy comes in. This type of cover is specifically designed to ensure you meet the minimum insurance requirements when you’ve got a customer vehicle in your care, custody or control. But it also covers any vehicles owned by you, as the Policyholder, and your spouse if they’re a named driver.

Get a road risk insurance online quote from us today.

What happens if I don’t have Road Risks insurance in place?

Driving without the correct insurance can have serious consequences, starting with a £300 fine and 6 penalty points if you’re caught driving a vehicle you’re not insured to drive. If the case goes to court, you could get an unlimited fine or even be disqualified from driving.

What does Road Risks insurance cover?

• Named drivers only
• Vehicles owned by the Policyholder or the Policyholder’s spouse if they are a named driver – where the Policyholder is a Limited Company or Limited Liability Partnership the vehicles must be owned by the Ltd Co or LLP
• Customers’ vehicles while they are your responsibility – but you can only use them for motor trade use.

While your road risk insurance policy doesn’t define vehicles by a specific registration number, we still need you to tell us what vehicles you own – whether they’re for your own use or held for trade purposes. Don’t worry, as long as you’ve already told us the vehicles you work with, we don’t charge an additional premium per vehicle.

What are the standard features of motor trade road risk insurance?

Depending on the details of your motor trade road risk cover, you could benefit from the following:

• Cover for damage to vehicles
• Cover for windscreen and window damage
• Cover for in-vehicle equipment
• Cover for replacement locks
• Cover for loss of use for customers’ vehicles
• Cover for third-party legal liability

What does motor trade road risk insurance not cover?

Examples of exclusions when you take out motor trade road risk insurance include:

• Cover for employee vehicles
• Cover for loss or damage caused by the incorrect fuel
• Cover for loss or damage caused by theft or attempted theft if the vehicle has been left unlocked
• Cover for any vehicle being driven by a person not permitted by your Certificate of Motor Insurance.

Who needs road risk insurance?

If you work in the motor trade, you’re likely to need road risk insurance unless there’s no need for you to drive vehicles as part of your day-to-day. However, this is very unlikely.

Even if you’re driving a customer’s vehicle to simply test drive any new repairs you’ve completed, the correct motor trade road risk insurance needs to be in place.

The only time a car doesn’t have to be insured is if it’s been declared SORN.

To be eligible for road risk insurance, you must:

• Be actively operating a motor trade business for the purposes of selling, repairing, servicing or maintaining motor vehicles for your customers for profit or income
• Be operating your business on a full or part-time basis
• Be operating from business premises, from home or on a mobile basis

Require road risk insurance for the movement of your customers’ vehicles while in your custody or control for motor trade business purposes only. In addition, we can provide cover for your own vehicles.