Research conducted by SmartWitness Incident Cameras has revealed the best and worst cities for car insurance premiums. The research is based on insurance for a 43-year-old married man with three children who owns his own home, parks on the street and works as a retail account manager.
Aberdeen tops the table where residents can expect to pay an average of £156.98 for car insurance compared to Bordesley Green in Birmingham where residents can expect to pay £1,101.62 in premiums. In fact, nine of the ten most expensive places for car insurance are situated in Birmingham.
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.