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Motor trade policy

  • 22-06-2014 9:28pm
    #1
    vinnie13
    Registered Users, Registered Users 2 Posts: 494 ✭✭


    hi guys im 26 full clean license 6/7 years no claims i buy and sell the odd car and am looking into getting a trade policy to make this a bit easier.
    has anyone around my age got a policy how much should i expect to pay


Comments

  • #2
    Henry Ford III
    Moderators, Business & Finance Moderators Posts: 17,852 Mod ✭✭✭✭Henry Ford III


    I looked at this idea a few years ago.

    Unfortunately it was prohibitively expensive. Premium was a couple of grand a year.


  • #3
    vinnie13
    Registered Users, Registered Users 2 Posts: 494 ✭✭vinnie13


    So I had a hour to kill and rang around 1100 3rd party only 1300 fire and theft 1600 fully comp up to 85k car.
    Seems reasonable.think il be having that.


  • #4
    vinnie13
    Registered Users, Registered Users 2 Posts: 494 ✭✭vinnie13


    So I had a hour to kill and rang around 1100 3rd party only 1300 fire and theft 1600 fully comp up to 85k car.
    Seems reasonable.think il be having that.


  • #5
    oldyouth
    Closed Accounts Posts: 4,754 ✭✭✭oldyouth


    Just make sure you have records to hand of buying and selling specific vehicles in the event of an accident. Motor Trade insurers are clamping down on lads who take out a trade policy to allow them drive a selection of their own cars


  • #6
    Bigus
    Registered Users, Registered Users 2 Posts: 4,946 ✭✭✭Bigus


    Your proposal from will be quite detailed and will have loads of lines to be filled in,
    re turnover, number of cars in stock premises etc, must be filled in honestly or they won't pay out in event of claim.


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  • #7
    vinnie13
    Registered Users, Registered Users 2 Posts: 494 ✭✭vinnie13


    Thanks guys,i am familiar enough with the ins and outs of the trade policy with the dad been in the trade.
    I could have gone under his policy but I would rather gave my own god forbid anything happend.


  • #8
    vinnie13
    Registered Users, Registered Users 2 Posts: 494 ✭✭vinnie13


    Thanks guys,i am familiar enough with the ins and outs of the trade policy with the dad been in the trade.
    I could have gone under his policy but I would rather gave my own god forbid anything happend.


  • #9
    mullingar
    Registered Users, Registered Users 2 Posts: 5,340 ✭✭✭mullingar


    From the look of it you must have filled out the form in duplicate

    vinnie13 wrote: »
    So I had a hour to kill and rang around 1100 3rd party only 1300 fire and theft 1600 fully comp up to 85k car.
    Seems reasonable.think il be having that.
    vinnie13 wrote: »
    So I had a hour to kill and rang around 1100 3rd party only 1300 fire and theft 1600 fully comp up to 85k car.
    Seems reasonable.think il be having that.
    vinnie13 wrote: »
    Thanks guys,i am familiar enough with the ins and outs of the trade policy with the dad been in the trade.
    I could have gone under his policy but I would rather gave my own god forbid anything happend.
    vinnie13 wrote: »
    Thanks guys,i am familiar enough with the ins and outs of the trade policy with the dad been in the trade.
    I could have gone under his policy but I would rather gave my own god forbid anything happend.






    :D


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