Traders Policy

[kpowell911]

Hi, I'm asking on behalf of a friend, HE is more than likely onto this by now, But I thought id ask you helpful people

He is setting up a business, And needs to get a traders policy to cover upto £50ks worth of cars/vans.

He is going to need to keep changing the number of people who are on the policy (All above 21), Sometimes on a daily basis, Addidng people to the policy for a few days at a time.

As i say, HE is more than likel ywell onto this, But I thought I'd ask, How would he go about this sort of policy, And how much will it cost him about? Anyone know of any companies.

I suppose what he needs is similar to a car rental place, Where some people will be insured on a car for a few days, then took off.

Thanks

 

[Josh@Renparts]

what sort of business is he running? a rental type one? there is particular policies for this, a normal motor traders policy won't be happy about chopping and changing the drivers too much.

 

[kpowell911]

Yea sorta rental place, Any ideas where i can get more info

 

[Josh@Renparts]

Yea sorta rental place, Any ideas where i can get more info

i would recommend speaking to a broker. AXA are good for trade type policies, and also Tradex. just do a search on google. Lot of variable factors and rental type ones will be fairly expensive again depending on minimum age of people you will rent them to etc etc.
hope that helps a bit for you.

 

[kpowell911]

Cheers mate, As i said, I didnt know where to start regards even company names, So you have helped immensley

 

[ben_p]

ours is about 4k

thats for my 04 bmw coupe, 04 audi a3 dsg, 01 merc ml320 and 06 a4 cab turbo

any driver, any age, all fully comp