0333 370 7777
Mon - Fri 9am - 6.30pm, Sat 9am - 12.30pm
Black and white photo of a car sales-man

Motor Trade Insurance

Get the motor trade insurance cover you want. Staveley Head's insurance specialists work hard to get you competitive quotes for motor traders. Get your FREE quote online now.

We get it

Dark Green Motor Trade Insurance Icon

Motor Trade Insurance

Finding the right motor traders insurance can be a complicated and lengthy process. We get that, so we make things simple for you. With a team of motor trade insurance specialists and a simple online quote system, we can get you covered – fast.

Whether you're a mechanic, a used car salesman or a manager of a valeting service, we treat every company as an individual client. So you get the motor trader insurance you actually want - not just a generic policy.

We can even include motorcycles on a motor trade insurance policy, alongside other commercial and specialist vehicles

Why us?
MID Updates
Motor Trade Guides
100% Rating Icon - Grey 100% Rating Icon - Dark grey 100% Rating Icon - White
Feefo Logo (14 reviews)
  • Full- and part-time motor traders insurance available
  • Policies available for traders with premises or working from home
  • Cover for vehicles up to 7.5 tonnes
  • Easy Motor Insurance Database (MID) access with no charge to add/remove vehicles
  • Innovative smartphone app for handling MID updates on the go

As a Staveley Head Motor Trade Insurance policyholder, you can register for access to EasyMID, our online MID update portal. The portal will allow you to maintain your vehicle records quickly and easily.

www.easymid.co.uk

Want an even easier MID update tool?
Now you can add and remove vehicles from the MID with the UK's first fully functional app, available for both iPhone and Android.

Google Playstore Icon

iTunes Appstore Icon

 

Beginner's Guide To Car Auctions

Car auctions play an important role in the motor trade industry - they are a popular place for traders to buy and sell used cars. If you’ve never been to a car auction before then be ready for a memorable experience. Read more about car auctions

What you need to know about becoming a Motor Trader

Ever dreamt of being your own boss and running a successful business? Becoming a motor trader could be the answer. If you’re thinking of entering the exciting world of motor trade there are plenty of positives. Continue reading about becoming a motor trader

How to read your Motor Trade insurance policy 

Reading through your motor trade insurance policy wording might not be at the top of your bucket list, at times it can be confusing and frustrating - but it’s important that you do. Learn more about reading your policy

How to check if a vehicle is registered on the Motor Insurance Database (MID)

Information you provide that relates to your motor trade insurance policy will automatically be added to the Motor Insurance Database (“MID”) managed by the Motor Insurers’ Bureau (“MIB”). Read more about updating MID

Understanding No Claims Bonuses

We all like to save money and when it comes to insurance having no claims is a good way to reduce your premium. Staveley Head motor trade can offer generous discounts for those with no claims of 1-5 years. Here is where you’ll find basic information about no claims bonus (NCB) or no claims discount (NCD) and how it works. Read more about NCB

Motor Trade Road Risks

Road risks only insurance is for businesses or individuals that regularly acquire stock vehicles or are likely to have customer’s vehicles in their care, custody or control. A full or part-time motor trader, vehicle salesman, auto repair, or car valeting service are examples of those who need a motor trade road risks policy. Continue reading

How technology is changing the face of the Motor Trade

Technology is always changing the way we interact with each other and the world around us - including the way we buy cars! This can prove tricky for motor traders trying to keep that competitive edge. As providers of motor trade insurance it’s important that we understand how technology is changing motor trade. Read more about how technology could impact the motor trade

What you need to know about rising motor trade insurance premiums and fraud

Rising insurance premiums can be an issue for many, and in this guide we offer useful information looking at why motor trade insurance premiums rise. Plus, we’re finding out how you can prevent rises, to try and help you save a little bit of money. Continue reading

Petrol, diesel, hybrid or electric?

For years there has been a battle at the pumps between petrol and diesel. Which is more economical? Which offers the best performance? Is diesel a more comfortable ride than petrol or vice-versa? The list goes on

Motor Trade Business regulations

If you’re thinking of becoming a car or motor trader here are some of the rules and regulations you might need to consider.

We're not the kind of people to try and pull the wool over our customer's eyes. So, we use Feefo, an entirely independent third party company, to collect feedback on every policy we sell.

Below you will see a selection of those customer reviews, both good and bad, for our motor trade insurance policies.

We value your feedback and will always act upon it. If you'd like to make a suggestion as to how we could improve our products or customer service please use our contact us form or you can get in touch via facebooktwitter or G+

100% of customers liked our service (14 reviews)

3 months ago

+Positive Rating Icon

MOTOR TRADE INSURANCE

Good

3 months ago

+Positive Rating Icon+Positive Rating Icon

MOTOR TRADE INSURANCE

No problems for the Traders policy which was tailor made for me as they asked me what I actually would need and not need top advisors who would always ring you back well done will recommend to fellow traders !

3 months ago

+Positive Rating Icon+Positive Rating Icon

MOTOR TRADE INSURANCE

Excellent

4 months ago

+Positive Rating Icon+Positive Rating Icon

MOTOR TRADE INSURANCE

The best

4 months ago

+Positive Rating Icon

MOTOR TRADE INSURANCE

Good

4 months ago

+Positive Rating Icon+Positive Rating Icon

MOTOR TRADE INSURANCE

Very good

4 months ago

+Positive Rating Icon

MOTOR TRADE INSURANCE

Happy with the service

4 months ago

+Positive Rating Icon

MOTOR TRADE INSURANCE

Good

4 months ago

+Positive Rating Icon+Positive Rating Icon

MOTOR TRADE INSURANCE

Great quality and great cover

4 months ago

+Positive Rating Icon+Positive Rating Icon

MOTOR TRADE INSURANCE

I'm very happy.

5 months ago

+Positive Rating Icon+Positive Rating Icon

MOTOR TRADE INSURANCE

Easy access with app good

5 months ago

+Positive Rating Icon+Positive Rating Icon

MOTOR TRADE INSURANCE

Very good

6 months ago

+Positive Rating Icon+Positive Rating Icon

MOTOR TRADE INSURANCE

Great to contact and speak to

6 months ago

+Positive Rating Icon

MOTOR TRADE INSURANCE

Competitive price, not too many restrictions, very clear and concise

Your motor trade insurance questions answered

Do I need Motor Trade Insurance?
You will need a Motor Trade Road Risks policy if you have customer’s vehicles in your care, control or custody for the purpose of your business.

For those involved in vehicle sales the cover is required for collecting, delivering and demonstrating vehicles.
Do I qualify for a Motor Trade Insurance policy?
If you can prove that you are operating a genuine, income generating business you may qualify for motor trade insurance. Some restrictions to this are outlined below:
  • The business must be domiciled and trading only in the UK.
  • The business must generate an income with a minimum of 6 sales/contracts per year.
  • Vehicles are limited to private cars and commercial vehicles that can be driven with a standard driving licence only.
  • Drivers must be aged between 25 and 69.
  • All drivers must have been permanently resident in the UK for 5 consecutive years immediately prior to inception.
  • All drivers must have held a full UK driving licence for at least 2 consecutive years immediately prior to inception.
  • A maximum of 4 named drivers, including the policyholder, is allowed.
I need to drive several vehicles - is a motor trade policy what I need?
Motor trade insurance is not a means to get cover on multiple vehicles. To qualify for a motor trade policy you must be able to prove that you are operating a genuine, income generating business, whether that's buying and selling used cars or performing a mobile repair service, for example. To discuss further, please call our office on 0333 370 7777. In the event that you need to claim under your policy, you will be expected to provide evidence of this in the form of audited accounts and receipts.
Do I need to tell you each time I acquire a vehicle?
Current legislation means that you need to keep the Motor Insurers' Database up to date with regard to vehicles you own, or are likely to be in your custody for a certain length of time. Our motor trade insurance team will be able to help you in this respect, and we do have a range of publications available to provide more help regarding the MID and your responsibilities.
What is the Motor Insurers’ Database (MID)?
The Motor Insurance Database (MID) is a register of all vehicles insured and the identity of the relevant insurer. It is a legal requirement for motor trade policyholders to supply accurate and timely updates to the MID or face fines of up to £5,000.
Can I add vehicles to the MID by text message (SMS)?
No, but you can make MID changes using our smartphone app or through our online MID update portal easymid.co.uk
I'm a Part-Time Trader; Can I Still Get Motor Trade Insurance?
Yes, we provide motor trade insurance for both full-time and part-time motor traders.
Will I be covered to drive any vehicle?
No, you are covered to drive any vehicle either owned by or registered to yourself or any vehicle that is in your care custody or control for the purpose of the motor trade.
Can I cover motorcycles under a motor trade policy?
Yes, we do provide third party maximum cover for motorcycles under motor trade. To arrange this please call us 0800 023 7210
Does my Motor Trade policy come with Public Liability Insurance?
No, but this can be purchased as an optional extra. Take a look at our Public Liability Insurance.
Do you provide cover for younger drivers?
We offer a range of motor trade insurance solutions but we do not provide cover for drivers under 25.

Motor Trade Insurance Insurance
100% Rating Icon
Feefo Logo (14 reviews) 5
 Facebook Follow IconTwitter Follow IconYouTube Follow IconLinkedIn Follow Icon
Give us a call