Motor trade insurance is very important if you are in the motor trade business. Any of your cars could be damaged or completely wrecked while you are driving, or even while they are parked. The amount of cars on the road now-a-days that do not have insurance is very high, so you do not want to lose your whole investment on a car if your car gets wrecked and the person who caused the accident does not have insurance.
Motor trade insurance can also be used to protect your car if you are the one that causes the accident. Some people think that motor trade insurance is only good until you get into an accident, because then the insurance company decides that they do not want to pay your claim. Most of the time it is hard to know if you have a good insurance company until you have had an accident. However if you use an insurance broker then they usually have someone that works for them that will work with a particular insurance company on your behalf.
This in-house claims manager as they are sometimes referred will work for you to get the insurance company to pay for your claim. The best thing about using an insurance broker is that they work for you and not the insurance company, so they are going to do everything in their power to make you, their customer, satisfied. If you bought your own motor trade insurance, then you have to fight with the insurance company by yourself to get the money you deserve on a claim.
The biggest problem with this is that most of the time you do not know all of the insurance jargon that an insurance company uses, so you will not be able to understand everything that is going on. The insurance broker’s claim manager knows the insurance business inside and out, so they can fight for you and get much better results.