Every driver in the UK is required by law to have road risks insurance. It covers you for any accidents that occur whilst operating on public roads – without it, you could be banned from driving following an accident and potentially have to pay out thousands in compensation.
Luckily, we include road risks on our motor trade insurance packages as standard, so you get the legal cover you need on top of everything else.
We’ve created this guide to clear up the basics of road risks protection – if you have any more questions on it, just get in touch on 0344 620 1000.
Why do I need road risks insurance?
So, road risks cover is a legal requirement for all UK motorists but it does offer a little more than a green light to drive on public roads.
In the event of a bump that was your fault, even the most basic form of road risks protection will make sure the driver you impacted is compensated for damages. Beyond that, you can expand your road risks to cover you for fire & theft to comprehensive, meaning your own accidental damages can be paid for too.
With motor trade road risks, all of the drivers and vehicles named on the policy are covered under the one quote. So, those running an operation that has several vehicles on the roads can get everything protected for one set price – no messing about with multiple policies.
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On top of that, if your business handles customer vehicles and your staff need to take them out on the roads for testing (or whatever reason), the motor trade road risks package has got you covered for that too, should any mishaps occur.
Who would require a motor trade road risks policy?
There are plenty of businesses in the UK that could benefit from a professionally brokered policy and just don’t realise it. Below, we’ve broken down the types of client we’ve been dealing with over the last two decades:
- New & used car dealership
- MOT garage
- Mechanic & repair centre
- Mobile repairs service
- Accessories, tyres & glass fitter
- Carwash and valeting centre
- Home traders
Even if you don’t fit into this list, give us a call on 0344 620 1000 – we’ll always be happy to help you out.
What vehicles can be covered under a motor trade road risks policy?
We’ve been insuring all kinds of vehicles over the years. Still, there are exceptions to the types of vehicle you can include on your motor trade road risks bundle. For example, a high-performance super car or motorbike will require specialist insurance.
Nonetheless, we craft a brand new policy around the circumstances of your business – so the types of motor you’d like to include can be mentioned in the early stages of your application. If you feel like your vehicles are a little out of the ordinary, call us today on 0344 620 1000 to double-check.