As with any type of business, you will have to expect the unexpected – which unfortunately could mean a serious accident or worse. In this guide we’ll talk you through what happens when you want to make a claim, and how the process works.
The first thing you need to think about is whether or not you wish to pursue a claim, as making a claim against your policy will result in a loss of bonus – as well as the potential rise in your premium. Should the damage be minimal and you require the cost of making a claim, we strongly advise that you contact us first – for example, theft claims can add up quite significantly to any future premiums.
Would I lose all my motor trade no claims bonus should I make a claim?
Your no claims bonus may not be wiped out completely, but it will be reduced. This is strongly dependent on the situation, the size of the claim as well as the insurer you currently hold your policy with.
How long is the maximum number of years insurers will allow motor trade no claims bonus?
Whilst it varies, the majority of motor trade insurers will permit five years – though others may only allow four. There are also insurers that will give a bigger discount if you have all trade bonus.
Is the no claims bonus still applicable on a motor trade combined policy?
It is – and applies to the road risk category in your policy.
Looking for a motor trade insurance quote?
If you are looking for a quote on a motor trade insurance policy, you could save up to 67.5% with Unicom. Click here to get a quote that could save you £££’s on your trade insurance
How do I make a claim?
Making a claim can be both a painful and time-consuming experience, but thanks to our dedicated motor trade claims handling team, our advisors have witnessed all types of motor claims to offer you the best possible advice. With many claims often complicated and complex, you need a service you can trust – and Unicom Insurance can help.
To save on stress our experts are trained to handle your enquiries as quickly and efficiently as possible, while our professionalism plays a key part in ensuring we deliver the highest standards to each and every one of our customers.
Find out why we’re among the UK’s most trusted insurance specialists and get an online quote today – or call us for a friendly chat on 0844 620 1000.