A cheap and complete should be on your priority list because first thing first, it is cheap. Part time motor trade insurance helps in adding extra dollars into your piggy bank and acts as a source of extra income when your business is your only source of earning money.

Types of part time motor trade insurance

1. The road risk only insurance where only the accidents occurred and the damage during shipping, transportation or delivery are covered.
2. Combined Motor Trade Cover where the premises are covered. This type of insurance is obviously a better choice because you can claim the insurance money without too much work and your motor parts, or vehicles are more safe and insured.

It is a legal requirement that anyone who is in the industry of motor trade and if is buying, selling the vehicles, repairing or replacing the motor parts then one should have a rock bottom level of Third Party Insurance. It is always a smart option to have cheap part time motor trade insurance because it not only saves your money but also saves the hard earned money of your customer in case something unpleasant happens here.

Third Party Insurance is used for insuring those who are in the business of repairing or restoring old vehicles like vintage cars or trucks. Third Party Fire and Theft Motor Trade Insurance covers all the third party damages as well the fire and theft accidents.The Comprehensive with Full Liabilityinsurance not only covers the third party damages, theft and fire accidents but also protects your business from all other small and big damages, for example it also covers your employees and also covers if your employees have done the damage.

You may think that why you should have a part time motor trade insurance when you yourself can pay for all the damages and that the run for claiming the insurance money will only waste your time, but this is not the solution for your all your business problems. It is necessary that you have motor trade insurance because you can’t always be sure of how much damage may occur. You can pay for small damages but for the bigger mis-happening you can get tensed about how you would repay, that’s why it is important to get insurance.