Category: Motor Trade Industry News

News on Motor Trade Insurance

toyota camry

Toyota Camry To Be Brought Back To The UK Market After 14 Year Layoff

It has been 14 years since the classic name of the Toyota Camry has graced our new vehichle forecourts – but now out of the blue Toyota has announced that it is looking to bring it back to the UK market place. This will be the Camry’s eighth incarnation and will be in the form of the Camry Hybrid and will replace the Avensis which is on its way out and will become Toyota’s D segment challenger.

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A quick guide to Motor Trade Insurance

If you are feeling confused about what type of insurance you need within the motor industry, you are not alone. Many businesses in the motor trade are unsure which policies exist and what the policies cover. To help you find the right motor trade insurance, we have put together this useful guide.

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Why claiming on your insurance is a bad idea

Living in a faster paced society, and commonly having to work harder for our money than we did 10 years ago. Many people look at their insurance as a quick way to make some money when the smallest of accidents happen.

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Dealers not working their sales leads correctly

Sales leads don’t come cheaply and can be a major source of income for car dealers if used correctly and treated in the manner they should be. New data has just come out by digital marketing firm Marketing Delivery that 37% of sales leads are incorrectly noted as “lost” by dealer’s staff when in fact they’re still actively looking for a vehicle to buy and are very much in the marketplace.

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Don’t Forget to Update Your Motor Trade Insurance Database

If you are purchasing and selling numerous vehicles as a motor trader, you must make sure you have a cheap motor trade insurance policy, however once the motor trade insurance policy is confirmed you must also be sure to update your Motor Insurance Database (also known as MID).

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Drivers could miss out by not shopping about for Insurance

A new study shows that differences in cheap traders insurance policies could be costing some motorists up to an extra £1,500 every year.
According to the study, drivers who don’t do their homework and search the market for the best possible deals, could be paying upwards of thousands of pounds on outdated, over-inflated policies.

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How to sell more cars

Too often, car dealers don’t actually drive the cars they sell or work with on a day to day basis. This is due to multiple reasons, some tax based if taking home and others just laziness or time based. Whichever cause stops you driving the vehicles you are due to sell, stop and turn it around.

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When do you need a Combined Cover Policy?

There are many different types of motor trade insurance policies which can provide coverage of all your business’s facets. Getting insurance coverage not only protects you from liabilities and damages, it also fulfils a legal requirement for all motor trade businesses to have an insurance policy.

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How to find the Best Motortrade Insurance for your Business

There are literally hundreds of companies offering insurance policies specifically for the motor trade industry. It is hard to navigate through them and find the policy that will provide your business the right protection, yet still has affordable premiums.

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What to Expect as a Professional Mechanic

The most saturated professions in the motor trade industry is the mechanic’s. Aside from the motor trade business owners, being a mechanic is the most lucrative profession in the business.

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Before you get an Insurance Policy, you should…

Motor trade insurance is a necessity for anyone operating a business in the motor industry. The insurance needs of every motor trade business have created space for many new insurance companies. Many of these companies offer their clients assistance in their time of need, by offering the right motor trade insurance policies.

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