Trade insurance

adam300tdi · Dec 24, 2013

Is it legal to have a motor trade policy and not be in the motor trade at all.ive just sold my land rover to somebody and they said there not in the motors trade but he has trade insurance and he's used the traders part of the log book and it's put into a motor trade name.when he isnt a trade.is all that legal or not

fanatic · Dec 24, 2013

Define motor trader

Who cares if dvla get the slip

adam300tdi · Dec 24, 2013

buying and selling etc.how come hes got motor trade insurance so he can just jump in any car that hes bought and be insured when he doesnt actualy buy or sell cars,or anything like that at all.surely that insurance is for cars ur buying and selling.not just the 1 u own and want to drive around in.haveing a traders policy as ur only everyday insurance policy and not in the trade with no other policy,with how strict insurance is now a days i wudnt have thought that was ok, but thats his problem the only thing that realy bothers me is hes got the new keeper bit of the logbook.so until he sells it or wot ever hes guna do with its in my name.not the made up motor trade name hes put on the bit ive got.

fanatic · Dec 24, 2013

adam300tdi said:
buying and selling etc.how come hes got motor trade insurance so he can just jump in any car that hes bought and be insured when he doesnt actualy buy or sell cars,or anything like that at all.surely that insurance is for cars ur buying and selling.not just the 1 u own and want to drive around in.haveing a traders policy as ur only everyday insurance policy and not in the trade with no other policy,with how strict insurance is now a days i wudnt have thought that was ok, but thats his problem the only thing that realy bothers me is hes got the new keeper bit of the logbook.so until he sells it or wot ever hes guna do with its in my name.not the made up motor trade name hes put on the bit ive got.

If you send the traders bit to dvla your responsibility ends,

He could be doing sales, service and repair part time.
it would be upto trade insurance to verify his motor trade connections.

DVLA ARE ****E-send recorded delivery and forget about it

adam300tdi · Dec 24, 2013

He defiantly wasn't doin anything with cars he don't no anything lol.so basically any1 can have a traders policy

kev1nlm · Dec 24, 2013

I have a part time traders policy because I do a bit of mobile diagnostic stuff and a bit of buying and selling, my insurance know Im in full time employment and I can have as many private cars as I like and drive any car under my policy

matt1295 · Dec 24, 2013

Are traders policy worth havingmyinsurance is only 350 private but wouldnt mind been able to drive any carany time lol

EeEk · Dec 24, 2013

I have a part time traders policy because I do a bit of mobile diagnostic stuff and a bit of buying and selling, my insurance know Im in full time employment and I can have as many private cars as I like and drive any car under my policy

Much like me. Though I work in a garage full time on their insurance.

Are traders policy worth havingmyinsurance is only 350 private but wouldnt mind been able to drive any carany time lol

Its a lot more than £350

And it motor trade use only not private use. You have to inform them of cars for private use and they have to be added to the insurance database

fanatic · Dec 24, 2013

All depends

gemsdad · Dec 25, 2013

fanatic said:
All depends

the way insurance company's operate these days,they will use every trick known to man not to pay out.so it is best to tell them everything just to be on the safe side.

SteNova · Dec 25, 2013

You did post the trade slip.... Not give it to him... Didn't you???

MGBGTV8 · Dec 26, 2013

matt1295 said:
Are traders policy worth havingmyinsurance is only 350 private but wouldnt mind been able to drive any carany time lol

So ask for the drive other cars third party clause to be put on.

So long as someone else has the vehicle in question insured you can drive it then.

SteNova · Dec 26, 2013

MGBGTV8 said:
So long as someone else has the vehicle in question insured you can drive it then.

my ins co say i can drive anything 3rd party insured or not, all they advised was if i was to leave the vehicle it wouldn't be insured and any issues would be the problem of the registered keeper

Thor1950 · Dec 26, 2013

Got same thing covered for any vehicle I drive with insurance yours mine or who ever's plus rentals $25 extra a years

gemsdad · Dec 26, 2013

SteNova said:
my ins co say i can drive anything 3rd party insured or not, all they advised was if i was to leave the vehicle it wouldn't be insured and any issues would be the problem of the registered keeper

make sure of that,normally the other vehicle must be insured before you can legally drive it using your own insurance.

SteNova · Dec 26, 2013

checked and confirmed as one of my policys says it and the other doesn't

pressbrake · Dec 26, 2013

back in 2000 my traders policy was £450 any car bike or truck, its now £2000, no m/c and gvw limit at 16tonne robbing bastids

Trade insurance

adam300tdi

Active Member

fanatic

RESPECT IS EARNED, BEATINGS ARE FREE ;-)

adam300tdi

Active Member

fanatic

RESPECT IS EARNED, BEATINGS ARE FREE ;-)

adam300tdi

Active Member

kev1nlm

Active Member

matt1295

New Member

EeEk

Well-Known Member

fanatic

RESPECT IS EARNED, BEATINGS ARE FREE ;-)

gemsdad

NOT BOTHERED.

SteNova

Well-Known Member

MGBGTV8

Active Member

SteNova

Well-Known Member

Thor1950

Well-Known Member

gemsdad

NOT BOTHERED.

SteNova

Well-Known Member

pressbrake

Well-Known Member

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