Category Archives: Traders Insurance

Getting The Right Cover as a Mechanic

If you work as a mechanic then getting the right type of insurance is vital. Working on customer vehicles all the time means you need to be covered in case something goes wrong. Many business owners have found themselves on the wrong end of a liability claim so making sure you protect every aspect of your business is key.

Below are some of the main types of cover you can get with a mechanics insurance policy as well as information on where to find cover.

The types of cover you can get

  • Road risks – Road risks insurance is essential for mechanics. It will cover you and any employees you have for working on customer vehicles as well as transporting them as needed. You can choose what level of road risk cover you want to have included in your policy.
  • Liability claims – Liability claims are another thing it’s important to get cover for. You can have both public liability and employers’ liability insurance included in your policy. You’re also able to have legal expenses added too…
  • Legal expenses – If you find yourself in a position where you need to fight a liability claim in court then you will certainly be glad to have legal expenses as part of your mechanics insurance policy. It will ensure that you’re covered for the legal costs involved in fighting the claim.
  • Combined insurance – A combined mechanics insurance policy provides a way to get full protection for your business. In addition to covering vehicles, it also provides protection for your premises, tools, stock and cash. Being able to cover every aspect of your business under one policy makes things more convenient and often proves to be cheaper than getting a separate policy for your premises and its contents.

Where to find cover

There are many great websites out there now that enable you to get quotes in a quick and easy manner. One such such site is UK based Getting quotes is simply a matter of filling in a quote form with the details of your business and the level of cover you require.

Getting a lot of quotes is one of the best ways to save money on mechanics insurance in the UK so it’s very useful to be able to obtain multiple quotes from the same place.


A Guide to Buying and Selling Cars Successfully

If you have a passion for cars then you’ve probably thought about making a living from them at one point or another; maybe you already do.

There are countless jobs you can do in the motor trade but one of the most potentially profitable is buying and selling cars.

Below are some of the keys to making a living buying and selling cars successfully.

Start small

When starting your own business it’s always better to start small and scale your way up as you learn more. This is certainly true when it comes to buying and selling cars. While it might be tempting to invest in high end vehicles and start renting a premises straight away, this is going to put a lot more pressure on you to be successful right from the start. If you don’t have much experience buying and selling then it’s definitely better to start off small to begin with.

Buy smart


The key to making a good profit when buying and selling cars is to get them for the best price possible. The usually means buying privately, whether it’s from car auctions or from private sellers online. Buying privately does come with some risks so you’ll need to be knowledgeable about cars so you can avoid the usual pitfalls.

Click here for more information on the best places to buy used cars. 

Make a plan to invest in a premises

Although you can start off buying and selling without a premises, this is going to be very limiting since you’re only able to sell cars that you have space for at home. Trying to trade from your home is never going to be sustainable for long so you want to start thinking of investing in a premises quite quickly. Whether you rent or buy will depend on your current financial circumstances and how confident you are that you can make the business a success. Many people start by renting and then invest in the property once they’re more established.

Make sure you have the right cover

Having the right cover is key when working in the motor trade. Motor trade insurance will cover you for every risk associated with buying and selling cars, including road risks and liability claims. If you have a premises then you can also get a combined policy, which will not only cover your vehicles but also your building, stock, tools and cash as well.