We get the best quotes because we work with more than 40 specialist insurers across Ireland, UK & Europe. We also have a team of qualified and experienced professionals as well as dedicated claims handlers.

What is Motor Trade Insurance?

Motor Trade Insurance policies can include either limited cover or a wide range of covers including motor trade road risk, property damage, public & employers’ liability insurance and defective workmanship.

Motor Trade Road Risk insurance provides cover for specific drivers to drive any vehicle owned and registered to the proposer or any customer vehicle in custody or control for Motor Trade purposes – subject to the Gross Vehicle Weight limits & value limits outlined. It does not cover public liability, service indemnity, employers liability or damage to property. Cover is always subject to policy terms and conditions.

Property Damage Insurance provides protection for businesses in the event that their property is accidentally or maliciously damaged. The cover can extend to a range of risks (also called perils) such as fire, storm, flood, lightning, explosion, malicious damage, escape of water from burst pipes or tanks, impact by vehicles, theft or attempted theft, subsidence, oil leak or any accidental damage. The policy can cover buildings, landlord fixtures and fittings, tenant’s improvements, contents, fixed plant and machinery, computer equipment, stock, customer goods in trust and fire brigade charges. Policy extensions can include Goods in Transit, Cash/Money, Loss of Licence or Mobile Property (regularly used away from the insured premises). Always subject to the policy terms and conditions.

Every business has a legal obligation (duty of care) not to cause injury to any third party or damage to third party property. But regardless of how careful we might be, accidents happen. If, during the course of carrying on your business you accidentally cause injury to a third party or damage their property, a Public Liability insurance policy will pay the compensation costs subject to the policy terms and conditions. In the event that you believe you have been wrongly accused, then public liability insurance will pay the costs of a legal defence as well as any compensation which may be awarded against you in a court. Always subject to the policy terms and conditions.

Every business has a legal obligation (duty of care) to ensure that employees do not sustain injury during the course of their employment. This includes a duty to provide a safe place of work, safe access to the work, safe system of work and safe working environment. But even in the best managed businesses, accidents happen.

If one of your employees sustains an injury arising out of their employment with your firm, an Employers’ Liability Insurance policy will pay the compensation costs subject to the policy terms and conditions. In the event that you believe you have been wrongly accused, then Employers’ Liability insurance will pay the costs of a legal defence as well as any compensation which may be awarded against you in a court. Always subject to the policy terms and conditions.

Examples of Motor Trade Combined Insurance Claims

✓ An employee of a motor trade business crashed a customers’ car whilst test driving it. The insurance company paid for the damage to the customer’s vehicle.

✓ An employee of a motor trade business was injured whilst repairing a vehicle. The subsequent employers liability claim was settled by the insurer.

✓ A fire at a motor trade garage caused damage to a number of customers vehicles as well as plant, machinery and stock. The motor trade combined policy paid for the repair and replacement costs.

Why purchase Motor Trade Insurance?

It is common for seemingly minor liability and motor claims to run to hundreds of thousands of euros including legal costs. In addition, motor traders often carry significant amounts of stock which could be damaged or stolen. In the absence of a comprehensive motor trade combined insurance policy, you or your business would be required to fund all of the legal and compensation costs arising from such incidents and fund the cost of any losses to property and stock.