As the number of toll roads across the UK increases, their occurrence is quickly becoming one of the major concerns for motorists. This comes in the wake of a survey carried out by the Alliance of British Drivers (ABD) and reflects the number of new projects being considered by the government. While the usual worries for drivers may typically include their insurance policy, the relative pros and cons of new and used cars, and, frequently, speeding limits and fines, the apprehension about toll roads and the impact of road pricing on motorists’ journeys was found in the ABD survey to be greater than that of issues such as poor road condition and even fuel prices. more info… →

Motor trade licence plates are a must for almost all members of the trade – they can be quickly and easily applied to any vehicle in your control, saving you the unnecessary trouble and expense of taxing each vehicle in turn. In order to qualify for these plates, you must show the DVLA that you’re a vehicle tester or trader, whether as a dealer or manufacturer, if you’re involved in service or repair, or someone who tests vehicles on public roads. more info… →

All motor insurance policies come with a compulsory excess built in. An excess is the amount that an insurance company will withhold from any claim and which must be paid by the claimant. For example, if you are involved in an accident for which your insurance claim is £2,000 and your policy has an excess of £100, then the insurer will pay £1,900 towards settling the claim, and you will pay the remainder. more info… →

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 insurance is available to dealers of new and used cars, mechanics, body shops, hire companies, accessory fitters and similar trades. more info… →

What are Trade Plates?

Trade licence plates are used by the motor trade, including dealers of new and used cars, manufacturers, testers, body shops, mechanics, accessory fitters, valets and hire companies. They can be used by all eligible individuals and businesses, whether they operate full time or part time. more info… →

The UK’s central source for storing car, van and motorcycle insurance details, is the Motor Insurance Database, or MID. It was introduced to get claims processed faster and assist in the fight against uninsured drivers and riders. It’s kept up to date by insurers, with information supplied by their policyholder. The database can be checked in the event of an incident to assist in establishing the relevant insurer. Government organisations and the police can also access the database to look up information and help prevent fraud. more info… →

Both new and used cars can have hire purchase agreements taken out on them. It is becoming an increasingly popular option for owners looking to spread the cost of payments, and with over 7 million second-hand cars and vans sold in the UK each year, authorities are seeing a rise in the cases of those sold illegally to unwitting buyers on the private market. more info… →

Vehicle insurance is a legal requirement. Motor trade insurance is recommended to anyone running a business in the motor trade. This applies to mechanics, dealers, vehicle valeters or any similar businesses and both full-time and part-time businesses need to take out cover. more info… →

Motor traders require specialist cover, but it’s not always obvious whether or not a business falls into the motor trade category. Make sure you have the correct cover for your business, or you could find yourself unprotected in the event of a claim. more info… →