Do I Need Motor Trade Insurance?

We are asked frequently about the need for motor trade insurance and what type of business need this kind of cover.

Generally, the rule is that if your business involves your staff driving or handling customers’ vehicles, or even your own, you’ll need some form of Motor Trade Insurance.

Usually, our motor trade clients are full or part-time auto traders, car dealers, mechanics, vehicle treatment companies or recovery agents.

What is Motor Trade Insurance

Motor Trade insurance ensures that staff members and business owners are covered when driving or handling clients’ vehicles or their own.

With private driver insurance, just you and your car are covered. With specialised trade insurance, you are covered when driving any vehicle, as long as it is for work purposes.

Levels of Cover

Motor Trade InsuranceThere are various types of cover available, dependent on your business needs and the level of risk.

Similar to personal car insurance, there are typically three products on offer.

Third Party – This is usually the cheapest option and legally this is the minimum requirement. Third party motor insurance covers damage, loss or injury to other vehicles and people but not you or your own. Your passengers are fully covered.

Third Party Fire and Theft – As well as the areas and points mentioned above, this level of insurance also covers theft, fire or loss to vehicles under your control or in your possession.

Comprehensive – Typically the most expensive kind of insurance. On top of the cover provided in the policy types above, you are also covered for accidental damage to clients vehicles and your own.

Other policy types we can arrange include:

Motor Trade Combined Policy
Road Risks Only
Public & Employers Liability
Professional Indemnity
Directors & Officers Insurance
Personal Accident
Engineering Inspection
Cyber Liability

Insurance Made Easy

personalAt Abbey Bond Lovis we understand that you’re busy running your business, so we want to make the process of arranging insurance easy and hassle free.

We work with the widest range of insurance companies operating in the motor trade sector and so can easily arrange the right protection for clients ranging from small family businesses to large multi-site dealerships.

Our expert team can arrange cover tailored for your business, regardless of whether you sell twenty cars a year, or operate 10 different premises servicing and selling hundreds of vehicles a month.

If you’d like to know more, or arrange a free no obligation quote, contact us via the form below.


Large businesses have very specific insurance needs. Our Corporate team have the experience and expertise to advise you properly


Your business needs your attention 100% - let our Commercial team find the right insurance solution at the right price and let you get on with what you do best

Motor Trade

Our experienced Motor Trade team looks after a huge variety of motor trade operations and deal with the widest range of insurance companies in this specialised market


Personal insurance can be very complex. Why not let our knowledgeable and approachable team look after this for you?

Can we help?

For a quotation or advice on any insurance matter please call 028 9099 3600
or submit your details below

Note - Please do not leave cover instructions as these will not be actioned