Who can buy a Motor Trade Policy?

Anyone who earns an income full or part time from the motor trade, from business premises, mobile or from home eg: Valeters, Auto Electricians, Mechanics, Motor Engineers, Motor Traders, Panel Beaters, Windscreen Repairers, M.O.T Stations, Trade Platers, Chip Repairers, and including anyone involved in Car Sales, Service or Repairs, Breakdown and Recovery, Car Delivery, Removal of Dents and Scratches, Auto Signwriting. Anyone who earns an income from buying and selling motor vehicles, or from working on them.

It is a little more complicated if you also have another job and can be a little more expensive.

Who cannot buy a Motor Trade Policy?

Someone not connected to the motor trade seeking only to insure a number of vehicles, or one highly rated vehicle cheaply. Some part time motor traders with some other driving jobs can be difficult.

What Does a Motor Trade Road Risks policy cover? 

There are only a limited number of insurance companies offering motor trade road risks policies and none of the policies give exactly the same cover, so beware the cheap motor trade quote as it may not give all the cover you need. A few of the variations and extensions are detailed below.
 
Some motor trade policies (but not all) can be extended to cover vehicles at your home -otherwise they will cover you only whilst in the course of a journey.

The policies DO NOT cover vehicles which belong to named drivers. Only the policy holder's vehicles are normally covered.

The policies DO NOT cover vehicles loaned or hired to the policy holder. They only cover the policy holders vehicles and those belonging to customers.