If you have ever driven across town to pick up some part time motor trade insurance, then you have probably noticed that it is not cheap. There are many good reasons for this and not the least of which is that part time motor trade drivers are prone to taking more risks than other drivers on the road. For instance, they may not be as careful with the cars they drive. As a result, they can incur more damage or theft than someone who is more conscientious. The insurance industry has put together some useful suggestions to help you get the best cover at the best price.
Consider getting a quote for your cover from a local independent Valeting Service. They do not represent any one particular company, but many of them offer their own individual policies. Many of these offer a very competitive price for their cover, sometimes even less than what a local insurance broker would offer. If you are working with a local independent provider you will not face further financial problems if you need to make a claim. In fact, you may find that you save money by going with an independent provider, because part time motor trade business part time motor trade insurance brokers often have lower running costs.
If you cannot get a part time motor trade insurance quote over the phone, go to an independent insurance broker. This will allow you to see the cost up close and personal and to know whether it is really affordable. If it is not affordable, do not go ahead with it. It is much better to try and get cover that is more expensive to buy, as this means that you will be able to keep more money in your pocket in case you need it.
The second option is to take out combined motor home insurance cover. This means that you can take out both types of cover at the same time, allowing you to cut down on the amount that you will need to pay for your insurance. This is cheaper overall to do, but it may also mean that you have to take out more cover, or that your separate policies are no longer needed. It is advisable to check how much combined home insurance cover you get each year from your existing insurers, as then you will be able to work out how much combined cover is right for you. Some insurers give you extra for taking out combined cover with them, so always check before buying.
There are also some additional benefits for those who take out part time motor trade insurance with a local independent provider. For example, they could give you a discount on any cover you buy. This could come via their discount cards that many providers offer. Another option is that the majority of local independent providers could give you a percentage reduction on the price of your premiums if you take out part time insurance with them. Again check these benefits before you decide. As they are only a few quotes away, it could save you a lot of money on your premiums.
Of course you could always buy direct from the insurers – but as you will have to give a greater personal detail, there is a greater chance that you will make a mistake and choose the wrong policy. Also, you need to bear in mind that you are going to have to pay tax on any savings that you get. If you want to keep more of your profit, you could always make an investment in your policy. It is a good idea to sit down with a pen and paper and work out what you want your cover to look like, and how much it should cost. When you do this, it gives you an easy guide to help you when it comes to choosing the cheapest part time motor trade insurance providers. All of this is more than possible to achieve by taking advice from your broker.
