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Motor Trade Insurance News

What is the claims process?

It’s something that everybody dreads, making insurance claims. However keeping to the following steps will help keep the stress to a minimum and make your claim a lot easier. Furthermore these steps apply equally for new and used cars.

Do I earn No Claims Bonus on a Motor Trade insurance policy?

No claims bonuses are rewards for not making a claim on an insurance policy. This means that over time premiums become cheaper, reflecting the lower risk associated with the driver. No claims bonuses are available to drivers in the motor trade just as they are with private insurance, though there are some differences. Motor trade […]

Do I lose my no claims if i have had a traders policy?

The way no claims bonuses work in the motor trade, and whether they can be transferred between insurers, is fairly straightforward, with a few caveats. Many insurers will actively allow traders to move no claims bonuses from one policy to another, but it’s always worth checking the small print, and, if you’re in any doubt, […]

Can i use my Motor Trade No Claims Bonus?

No claims bonuses in the motor trade work in the same way as with private insurance: they are earned. They’re also a great way to reduce your insurance premiums but how they work in the motor trade – and whether they can be transferred between policies – is a commonly confusing question.



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