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Author Topic: Trade insurance quote  (Read 688 times)

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omegod

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Trade insurance quote
« on: 25 August 2011, 17:47:24 »
Well I finally got round to getting a traders insurance quote: I currently pay £690 for fully comp cover and the trader quotes are as follows, Fully comp £1220, 3rd party fire and theft £790 and 3rd party only £690. These are for a £5k indemnity and I can have as many cars as I like.

When I was looking for standard insurance earlier in the year 3rd party F+T was more expensive than fully comp but i'm leaning this way as the Miggy is near worthless anyway I think I will settle on 3rd party with F+T.

I was surprised at the prices being fairly reasonable and expected it to be worse, how do they stand up to others who have trade cover?
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Lazydocker

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Re: Trade insurance quote
« Reply #1 on: 25 August 2011, 17:54:51 »
Be very careful if you aren't actually a trader though ;) ;)

Sounds reasonable but bear in mind that your indemnity of £5k means that if you write off a £30k car you'll have to find the other £25k ;) ;)

Should clarify that this is own vehicle value AFAIK and third party will have full cover, but as your quote is TPFT I'd make sure that is clarified for you
« Last Edit: 25 August 2011, 18:02:37 by Lazydocker »
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