Auto Electricians Insurance
It's both an exciting and challenging time to be an auto electrician in the motor trade sector. As in-vehicle electronics grow ever more sophisticated, auto electricians are becoming an indispensable part of the motor trade, especially when you consider there are now 195,400 plug-in vehicles on UK roads and more than 620,000 hybrid, plug-in hybrid, and battery electric cars now in use. The latest industry figures show sales of hybrid and pure electric cars are up 14.3% on the year to date - with more people now thinking about buying a part-electric car than a diesel one.
Figures for the future look equally impressive. The “Plug-in” registrations increased by an encouraging 76% last year, with overall ownership of alternatively fuelled vehicles (AFVs) rising by almost 30%.
This data coincides with the UK government’s Committee on Climate Change plan to ban the sale of new petrol and diesel cars by 2040. All new cars and vans sold in the UK should be zero emissions capable - that means battery electric, plug-in hybrid electric or hydrogen.
This is great news for auto electricians who see a rosy future in the motor trade sector. But as technology progresses, so does the need for adequate and up-to-date motor trade insurance cover for those operating in a complex, technical environment.
Electricians Need Cover Too
Here are some tips to consider when looking for an auto electrician insurance policy:
- Diagnostic tools and equipment are vitally important when working as an auto electrician, and often come with a hefty price tag, so you need to have them covered for theft, damage or loss.
- You should get cover for your own vehicle as well as those that you work on. Obtaining cover for customer vehicles is particularly important, especially if you transport them on a regular basis for servicing. You can choose from third party; third party, fire and theft; or fully comprehensive.
- Consider a Combined insurance policy which will not only cover vehicles but also your premises itself, as well as your tools, stock and cash to make sure your business gets as much protection as it needs to thrive.
- Liability claims - you can also have both public liability and employer’s liability included as part of a motor trade insurance policy. Fighting liability claims can be extremely costly so you might also consider adding legal fees to your policy too.
Flexibility of cover
Here at Tradex, we consider all elements of the risk including vehicles, both public and employer’s liability, as well as equipment cover for fixed plant and machinery and tools, both mobile and fixed.
Take a look at the Tradex ‘Minder’ policy under which mechanics are covered for handling customers’ vehicles and needing complete coverage. It is designed to protect the trader from driving vehicles and customer claims of negligence or Service Indemnity. Cover should be taken out for mechanics operating in a mobile capacity from a van, right through to those who operate garages or other specialist mechanical workshops including trackside.
For a direct quote call now on 01708 678 400.