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trade policy?

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Old 11 June 2007, 08:02 PM
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radit
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has anyone got any info on these? i was thinking of getting one if there not mega money! thanks ryan
Old 11 June 2007, 10:07 PM
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subarujimmy
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I looked into this a while ago. They're not all they seem. Only pay-out "trade-price" if car is wrote off. Couldn't protect my no claims. And if I ever wanted to change back to a standard policy I would end-up losing some of my ncd.
I stayed away.
Old 12 June 2007, 10:58 PM
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RRH
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Traders policies aren't real easy to come by these days, and you would likely have to prove you're a trader and have premises as you will, sooner or later, get audited.
Old 13 June 2007, 09:17 AM
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Phildodd06
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Could you get a traders policy if you are self employed?
Cuz i am and we have 5 vechals at home 2 vans and 3 cars....
Old 13 June 2007, 09:18 AM
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Phildodd06
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Or is it you have to be in the car trade?
Old 13 June 2007, 10:01 AM
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cuprajake
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trade ins isnt all its meant to be, we have a body shop, now im only 24 so im limited to the engine i drive, hece why i have a sport, your covered for the publics cars you drive, like i can get into your impreza and drive it around the garage or on a road test, thats fine, but on a traders ins you have to list your own personal car, my dad has a range rover vogue and my mum has a merc 270 clk, they have to be named extra as well as mine and ny sisters cars, and as such you then pay to insure them too.

basically they wont be cheaper, as your paying to insure the scooby and then to drive any other car too.

jake
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