Young drivers who wish to set up a motor trade business face tough decisions. As is the case with private car insurance, getting a good insurance deal will generally require some degree of experience, and motor trade insurance is likely to be more costly for anybody under the age of 25.
However, all is not lost! Bollington is the number 1 name in motor trade insurance, and can sometimes find cover when other brokers can’t due the large number of insurers we deal with.
Setting up in the motor trade is hard even for experienced professionals, however in todays world of dynamic “entrepreneurial spirited” young people, we’re seeing more businesses being set up and more young motor traders starting out in the industry. We’ve created a brief checklist of things to consider if you’re just starting out:
We recommend starting out with road risks only insurance – consider also taking out comprehensive cover, which often can be cheaper than expected for younger drivers. We deal with each motor trader on an individual basis, so will make sure that, if we can offer you insurance as a young motor trader, we cover everything that you need, allowing you to build up your experience and no-claims discount to make insurance cheaper in the long-term.
While we can’t cover everybody – and there are likely to be restrictions on certain vehicles – we do have access to markets that will accept younger drivers. So why waste time calling around numerous companies when Bollington can offer genuine motor traders the most cost-effective insurance in the market?
Click here to get a quote for your insurance needs.