What Does Motor Trade Insurance Cover?

What Does Motor Trade Insurance Cover?

Motor trade insurance in Ireland typically provides coverage for businesses involved in the buying, selling, repairing, or servicing of vehicles. The specific coverage will vary depending on the insurance provider and the specific policy terms, but here are some common features and coverage options:

Road Risk Cover:

This is a fundamental aspect of motor trade insurance and provides coverage for vehicles in your possession or control. It usually includes three levels:

Third-Party Only:

Covers damage to third-party vehicles and property.

Third-Party, Fire, and Theft:

Provides additional coverage for fire damage and theft of vehicles.


Offers the highest level of coverage, including damage to your own vehicles as well.

Material Damage:

Covers damage to your premises, tools, and equipment caused by perils such as fire, theft, vandalism, or accidental damage. This includes coverage for buildings, stock, and contents.

Employer’s Liability:

If you have employees, this coverage protects you against claims for injuries or illnesses suffered by your employees while working for your business.

Public Liability:

Provides coverage for claims made by third parties for bodily injury or property damage that occurs in connection with your motor trade business premises or activities.

Product Liability:

Covers claims arising from defects in the vehicles or parts you sell or supply.

Business Interruption:

Offers protection for loss of income and additional expenses if your business operations are interrupted due to an insured event, such as fire or flood.

Tools and Equipment Cover:

Protects your tools, equipment, and machinery against loss, theft, or damage.

Stock-in-Trade Cover:

Provides coverage for the vehicles you have in stock for sale.

As ever with insurance, it is important to note that motor trade insurance policies can be tailored to suit the specific needs of your business, so it’s recommended to discuss your requirements with an Insurance Broker who can provide you with detailed information and options based on your circumstances.

What Does Motor Trade Insurance Cover?


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