How to find cover for your MOT station/garage
Making sure you have the right insurance for your MOT garage is essential, as it doesn’t just require a standard motor trade insurance policy – you will also require protection against the risk of loss of license.
So, when it comes to finding the right cover at the right price, where do you turn? At Quote Goat, we understand that for MOT business owners, like most businesses, time is short and value for money is imperative.
As a result, we’ve made it quick and easy to compare MOT station insurance quotes from multiple insurance providers, by completing just one quote form. Your details are then sent to a panel of specialist motor trade insurance providers, who compete for your business.
What does MOT station insurance cover?
No single MOT business is the same, which is why you’ll receive tailored quotes from the insurance providers on the panel. As well as a tailored quote you’ll also benefit from their expertise as motor trade specialists and they can therefore offer any advice whilst they create a policy that fits your business needs.
The types of MOT station insurance that are available
Generally, there are two main types of motor trade insurance:
- Road risk insurance: covers you and/or employees driving vehicles you own when using them for any reason, as well as customer vehicles when using them solely for business purposes. As with standard car insurance, you can choose from three levels of cover, namely third party only, third party, fire & theft & fully comprehensive. Road risk is typically used by smaller businesses.
- Combined motor traders insurance: Starts with road risk insurance & can be combined with a number of other types of cover including employers liability insurance (usually required by law if you have employees), professional indemnity insurance, business interruption and many more.
The best way to find out what type of cover you require is to complete the quote form and discuss a tailored mot station insurance quote with an expert adviser.
How to get cheaper MOT garage insurance
One of the easiest ways to save money on your insurance is to compare quotes each year at the time of renewal. As well as this, you may want to consider who you insure on your policy, if you have employees then their own driving histories, e.g. convictions, may affect the amount you pay.
Other ways to save as the owner of an MOT garage
Asides from finding a competitive insurance quote, MOT stations use a fair amount of electricity. The average business in the UK can save over £900 per year when they compare business energy quotes. Fill out our short business energy comparison form to see how much you will save.