Motor Trade Insurance Policies
Filed under: Finance
Once you
decide to purchase Motor Trade Insurance, there are
many different kinds of policies from which you can choose, according to your
needs and circumstances. There are two main categories of Motor
Trade Insurance. One is Road Risk, which includes Comprehensive, Third
Party Only, Third Party Fire and Theft and Liability Insurance. The other
is the Combined Policy which provides cover for the trader’s business and
materials and equipment as well.
While
choosing a policy, the most important thing is to consider the extent to which
the motor trader wants to protect their vehicles, and also those of their
customers.
The first
type of , a green
card has to be obtained and it has to be clarified whether cover would be
provided in a particular country or not.
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Tags: circumstances, different kinds, extent, green card, insurance, liability insurance, main categories, motor trade insurance, motor trader, party fire, Risk, third party
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