Motor Traders’ Insurance in Ireland

Generally, any vehicle owned by the insured, registered in the insured’s name, or stock vehicles for sale can be covered. Customer vehicles in the insured’s care, custody, or control for the purposes of service, repair, or testing are also covered.

Before arranging motor trade insurance, it’s important to determine eligibility for motor trade insurance. To be considered eligible, you must be a genuine motor trader with a financial investment in the motor trade industry. It makes no difference whether you work full-time or part-time if you can actively demonstrate that you work in the motor trade industry.

A Motor Trade Policy will allow you to drive your own and your customers’ vehicles for Social, Domestic, and Pleasure purposes while working. The policy will have limitations and exclusions. High-performance vehicles, speciality type vehicles, large commercial vehicles, modified vehicles, vehicles belonging to family members, and vehicles not registered in the client’s name that are driven for private purposes are typically excluded.

Yes – Motor trade policies are designated for garage owners and garage employees.

A standard Motor Trade Policy is designed to cater to Private cars and Small Commercial vehicles – up to GVW 10 tons. Larger weights are possible for Bus, Specialty Types or Heavy Goods Vehicle motor traders.