Young drivers under 25 often face challenges securing motor trade insurance, with many brokers imposing age restrictions or limited cover. Tradex assesses each applicant individually, considering their specific motor trade role. This article shares practical tips to help reduce risk exposure and potentially lower insurance premiums for young traders.

Motor trade insurance is essential for businesses involved in buying, selling, or repairing vehicles, providing tailored coverage against industry-specific risks and ensuring compliance and financial security.

Motor trade insurance is essential for those in vehicle sales or service, covering specific industry risks like customer vehicle liability and third-party incidents. Managing costs is vital, as high premiums impact profitability. Find out how you could reduce the cost of a premium.

To stay compliant as a young professional starting out in the motor trade industry, you will need a specialised policy tailored to the particular needs (and risks) of younger drivers. Read our guide to learn more.

While premiums for convicted drivers may be higher, due to increased risk, this guide provides more information on how we can support convicted drivers in operating safely and legally in the motor trade.

While Fleet insurance is ideal for businesses managing diverse vehicle fleets, motor trade insurance is best suited for those in the motor trade industry, covering activities like vehicle sales, repairs, and servicing. Read our latest guide to discover which policy is right for you.

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