REGIONAL TRADED PRODUCT
Motor Trade One
We have over 100 years’ experience in underwriting motor trade risks and we understand the needs of our motor trade customers. Our new all-encompassing Motor Trade One policy now covers Premises and Road Risks under one contract to meet all your motor trade needs.
Why choose NIG for Motor Trade One?
Please note the associated Policy Documents apply to New Business policies incepted on or after the 10 December 2018
Here's why....
- Single policy designed for all Motor Traders’ requirements
- Instant documentation
- Access to local Motor Trade underwriting experts
- Cover for Premises and Road Risks all under one contract
- Statement of fact basis – no need for a proposal form
- Inclusion of new cover and policy extensions for example Exhibition cover
- Enhanced policy limits under Material Damage, Business Interruption and other sections
- A-rated insurer (A1 Moody’s)
Features
- Uninsured Loss Recovery under Road Risks as standard
- Motor vehicle lock replacement £50,000
- Loss of use £50,000
- New replacement vehicle (Insured’s vehicle)
- Financial loss (new and used vehicles)
- Loss of metered water £25,000
- Capital additions £1,000,000
- Exhibition cover £500,000
- Seasonal increase 30% (Insured’s vehicles)
- Unauthorised use of gas, water or electricity £25,000
- Loss by fraud, trick or pretence £25,000
- Embedded Engineering cover
- Embedded Legal Expenses cover
- No Claims Discount (NCD) scale available under Road Risks
- Credit facilities available
What's Covered
STANDARD COVERS
- Material Damage – all risks including full theft cover
- Business Interruption
- Terrorism cover
- Goods in Transit
- Loss of Business Money and Personal Assault
- Personal Accident
- Employers’ Liability
- Public Liability
- Defective Workmanship/Sales Indemnity
- Legal Expenses
- Wrongful Conversion
- Engineering cover
- Computer cover
- Road Risks cover
- Fidelity Guarantee
OPTIONAL COVERS
- MOT Loss of Licence
- Unaccompanied Demonstration
- Loan & Hire
- Flat Rated Engineering Inspection cover
- Cyber cover
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