Part-time motor trade insurance is a specialist policy designed for individuals who operate within the motor trade on a part-time basis. This type of coverage is ideal for those who buy and sell vehicles, offer repairs, valet services, or engage in other automotive-related activities alongside another primary job or business.
Unlike full-time motor trade insurance, a part-time policy provides flexibility, ensuring you have the necessary coverage while working in the trade without the higher costs associated with full-time policies.
Who Needs Part-Time Motor Trade Insurance?
Part-time motor trade insurance is essential for individuals who:
- Buy and sell vehicles as a side business
- Repair, service, or valet cars outside of their main job
- Work from home or a small premises rather than a full-scale garage
- Need to legally drive and move multiple vehicles
Even if you only trade a few cars per month, insurers require proper coverage to ensure you are legally protected.
What Does Part-Time Motor Trade Insurance Cover?
Depending on the policy level, part-time motor trade insurance can include:
- Road risk cover – Allows you to drive customer or stock vehicles legally on public roads
- Third-party only, third-party fire & theft, or comprehensive options – Varying levels of protection for vehicles in your care
- Public liability insurance – Protects against claims from customers or third parties (more details)
- Employers’ liability – Required if you employ staff in your trade
- Tools and equipment cover – For mechanics or those who need protection for their trade tools
Do You Need Proof of Trading?
Yes, insurers often require proof that you are actively working in the motor trade, even on a part-time basis. This could include:
- Sales receipts for vehicles bought and sold
- Invoices for repair work or services provided
- Business registration details
Without this, insurers may refuse coverage or invalidate your policy.
Finding the Right Policy
Choosing the right part-time motor trade insurance policy depends on the nature of your work, the number of vehicles you handle, and your budget. A reputable broker can help tailor a policy that meets your specific needs.
For more information on finding the right coverage, visit traders-insurances.co.uk.
