Motor Trade Liability Insurance

Overview

Motor trade liability insurance safeguards your business against claims made by employees, customers, and the general public. It covers you if someone is injured on your premises, if property is damaged due to your work, or if legal action is taken against your business.

At Unicom Insurance, we offer tailored liability cover to match the specific needs of motor traders of all types. Alongside road risk motor trade insurance, we specialise in insurance for mechanics and body shop owners to car dealerships and mobile repair services, which means you can trust us to get you what you need for your business to thrive.

What Liability Policies Do Motor Traders Need?

Running a motor trade business involves many risks, but with the right liability insurance, you can focus on growing your business without worrying about financial setbacks. 

Whether you employ staff, interact with the public, or provide sales and service, we can find what you need to ensure you’re covered against costly claims.

As a motor trader, you should be looking at investing in:

Employers’ Liability Insurance

If you have employees, employers’ liability insurance is a legal requirement. This cover protects your business if an employee suffers an injury or illness due to work-related activities.

With this liability coverage, you can expect:

• The legal requirement of £5,000,000 employers’ liability cover minimum. Often, we can manage to get a higher amount to better suit your business.
• Cover for legal fees and compensation if an employee makes a compensation claim.
• Expert advice from us if you’re unsure of what you need.

Public Liability Insurance

Running a garage, dealership, or mobile mechanic business means interacting with the public every day, so having the right protection in place in case of an accident third party is essential. 

Public liability insurance safeguards you if a customer or visitor is injured on your premises or if your work damages their property.

With this type of policy, you should expect:

• Protection for your business in the event of claims for slips, falls, and accidental damage.
• Coverage for legal costs, compensation, and settlement fees, with amounts depending on your policy.
• Advice from our experts from the research stage to making a claim and beyond your policy’s end date. 

Sales & Service Indemnity Insurance

If you sell vehicles or offer maintenance and repair services, this cover protects you against claims related to your work if it causes damage or accidental injury.

With this coverage, you can expect:

• Cover for manufacturer’s pre-delivery checks and accessory fittings when selling vehicles.
• Protection for claims involving parts, accessories, and related products.
• Coverage can extend to accidental damage or injury caused by repairs, servicing, inspections, and maintenance.

Why Is Liability Insurance Important?

Liability insurance protects your business from financial risks. Without it, accidents like a visitor tripping in your garage or an employee getting injured could lead to costly compensation claims, legal fees, and settlements that strain your finances.

Some of these types of cover are a necessity. For example, employers’ liability insurance is required by law if you have staff. Without it, you will face legal consequences and the cost of worker compensation claims. And while public liability insurance isn’t mandatory, it’s highly recommended for customer-facing businesses. Without it, a third-party injury or accident could leave you with expensive lawsuits and damage your reputation.

For vehicle sales, servicing, or maintenance businesses, sales and service indemnity insurance is a must. Without it, you risk financial loss from defective vehicles or poor service claims. And if you forgo the right coverage, your business is exposed to huge financial risks. 

How much is liability insurance for motor traders?

The cost of your liability insurance depends on the size of your business, the amount of coverage you need and the insurer you opt for. 

Luckily, we’re here to help find your motor trade liability insurance. Using our years of experience in the insurance to will assess your risks and get a policy that meets your exact needs, at an affordable price.
Call us on 0113 312 0558 now to find out how much you can save on your insurance and get a quote.