Motor Traders Cover
Motor Traders Cover
A motor trader carries risk that a normal vehicle policy does not address: stock on the floor, customers’ cars in the workshop, test drives and vehicles moving between sites. Agisanang’s Motor Traders Cover brings these exposures together under a policy designed for dealers, workshops and vehicle businesses.
What the cover can include
- Vehicle stock: New and used vehicles held for sale against specified risks such as theft, fire and accidental damage.
- Customers’ vehicles: Vehicles in your care, custody or control, such as those being serviced or repaired.
- Road risk: Cover while vehicles are being driven, including test drives and deliveries, subject to policy conditions.
- Premises and contents: Buildings, equipment, tools and workshop contents.
- Public liability: Third-party injury or property damage arising from your business.
- Garage keepers’ liability: Your liability for customers’ vehicles while they are with you.
- Business interruption: Support for income lost after an insured event, where included.
- Money and fidelity: Cash on the premises and dishonest acts by employees, where included.
Typical activities covered
- Selling new and used vehicles
- Servicing, repairs and panel beating
- Test drives and demonstrations
- Delivery and collection of vehicles
- Vehicle storage and valet services
What is typically not covered
- Wear and tear, and mechanical breakdown of vehicles in your care
- Loss while driven by an unlicensed or unauthorised driver
- Loss while the driver is under the influence of alcohol or drugs
- Theft by employees unless fidelity cover applies
- Use outside the activities declared on the policy
Exclusions vary by insurer. We go through them with you.
Who it’s for
New and used car dealers, independent workshops, panel beaters, tyre and fitment centres, and vehicle importers and wholesalers.
How it works
- We review your operation, stock levels and premises.
- We approach insurers experienced in the motor trade.
- We present terms, explaining the sections and conditions.
- We issue the policy and keep stock values in line with your trading.
- If you have a claim, you notify us and we manage it through to settlement.
What we need to quote
- Business activities and trading history
- Maximum stock value and the average value
- Premises details and security measures
- Number of staff and drivers
- Claims history, normally for the last three years
Questions you may have
Is customers’ stock covered? Vehicles in your care are covered under the right section. We confirm that your policy has it.
What if my stock value changes through the year? Tell us, and we will adjust the policy so you are not under-insured.
Are test drives covered? Usually, subject to conditions on drivers and use. We confirm this in the quote.
Why choose Agisanang for motor traders cover
- Built around how you trade: Stock, workshop and road risk can sit under one arrangement.
- Right-sized for your business: Cover reflects your stock value, staff and premises.
- Experienced with motor claims: Our team has handled motor claims for decades.
- One point of contact: Quotes, changes and claims go through the same team.
Keep your showroom open. Keep your business moving.
Call to action: Contact Agisanang to discuss motor traders cover.
Related pages: Commercial Fleet Insurance, Commercial Lines Insurance, Assets.