Garage Motor Trade News.

Garagecover - keeping you up-to-date with the latest news and developments affecting the garage motor trade.

Here’s the place to find the very latest Garagecover business and motor industry news. We upload news stories frequently. Be sure to check back regularly to stay up-to-date with recent developments that may affect your motor business. Simply click each link to read more. Remember: you can always contact our team if you have any questions!

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Cover Up!

Never mind bike insurance for your customers, what about your own tradepolicy? Is your business fully covered? You may be paying too much, insuring against too many risks or, worse still, not covering against all the hidden dangers. 

Commercial insurance is one of those things that, like VAT returns and eating sprouts, tends to turn people off. But it’s a necessity in today’s business world, where companies, and sometimes directors themselves, can be held liable if things go badly wrong.
In the UK market, there are many companies that offer ‘motor trader’ policies, which in general tend to cover the premises, against fire and theft risks, offer indemnity against staff and members of the publicinjuring themselves on site, as well as covering named company employees to test drive vehicles, say, after an MoT, or to pick up a part-ex machine. But a generic trader policy, which might be offered to a VW-Audi franchise in the Home Counties and a small MoT and repair shop in a back alley in Barnsley, won’t satisfy either business. The buzzword these days is ‘bespoke’, and there are sound commercial reasons for taking the time to workout exactly what needs to be covered.

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Garagecover is a rapidly-expanding provider of quality and competitive insurance solutions to the Motor Trade, and we are constantly on the lookout for committed insurance professionals to complement our team. Currently a vacancy exists for someone with a Motor Trade underwriting background to work in our Wigan office. The role will develop into one with managerial […]

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New SORN Rules 2011

From early 2011, a new law will mean that the registered keeper of a vehicle must keep it insured unless they’ve made a SORN (Statutory Off Road Notification).

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