- Loss of or damage to any insured motor stated on your policy schedule and its accessories or spare parts… If it occurs on premises owned or occupied by you.
- Liability to others: Accidental damage, death, or injury to third parties (caused by a motor stated on your policy schedule), occurring on premises owned or occupied by you.
Motor traders insurance:
Internal
As a motor trader your stock is the backbone of your business… We've got your back
In a nutshell
When you're a wheeler-dealer, your financial success depends on the safety of your motors. What does this mean for your business? Well, it means that you need really good insurance in case of an unfortunate incident. With King Price, you're covered for damages that you're liable to pay following an incident that involves a client's motor or motors in your stock that occurs on premises owned or occupied by you. And, we do it at a really good price, too.
Liability, loss or damage to, or due to
- Depreciation, loss of use, wear and tear, mechanical or electrical breakdown of the motor or accessories, failures, or breakages.
- To tyres, by application of brakes or by road punctures, cuts or bursts.
- Property belonging to you, a member of your household, your employees or others; held in trust by you; in your custody or control; or being conveyed, loaded or unloaded from the motor.
- Death, injury or illness of employees.
- Liability covered by any legislation.
- Injury to any person being carried in or upon, or getting onto or off of, any motorcycle, motor scooter, side car or trailer.
- Injury to members of your household.
- Directly or indirectly caused by fire, explosions or lightning (unless the fire or explosion results directly from the possession of the motor).
- Theft or housebreaking or attempted theft or housebreaking.
- Any motor or property while it's being worked on and directly resulting from such work.
- Defective workmanship or its consequences.
- Demolition, structural alteration or installation of equipment at your premises.
- Weather conditions.
- The use of power-driven cranes, elevators, lifts or hoists.
- Intentional damage caused by you, your principal, partner, director, employee or a member of your household or which occurs with your knowledge or consent.
- Car hire.
- Car hoists.
- Credit shortfall.
- Loss of keys, sound equipment, parts and accessories.
- Loss of use of customers' motors.
- Riots and strikes.
- Work away from premises.
