Brett
Premium Member
Registered: 16th Dec 02
Location: Manchester
User status: Offline
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I've mentioned them before but still never gone through with it. Quote seems really good anyway for unlimited vehicles.
How many cars would you have to shift a year to appear legitimate would you say? On the phone they say just a few a year and keep a written receipt, but they would say that to get their sale tbh.
Also, it seems no problem to transfer your private no claims over to the traders policy, but it sounds like they can't be transferred back? How does no claims work anyway? Is there some kind of database for it? All I've had to supply previously is a letter from the insurer with it written on. Often thought I could easily mod it and nobody would ever be the wiser? Lets say after a year I decide it's not worked out, what's stopping me using the previous no claims letter as proof on a private policy and just saying I've not had insurance for a year?
Thanks
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kennySRi
Member
Registered: 12th Nov 10
Location: Lancashire
User status: Offline
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I had a traders for 5 years. I told them that I was trading part time and just sold a few cars a year, they had no problems at all with it.
When I decided to not renew and get my car insured normally I transferred my no claims with no issues. I was always told by friends that you can't transfer them but it was never a problem.
Really miss having trade insurance, never any issues and was so good big able to drive what you want. Took a minute to go online to notify them of what cars and being added or removed.
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
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What you paying? I couldn't get it even close to a grand.
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Brett
Premium Member
Registered: 16th Dec 02
Location: Manchester
User status: Offline
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I got quoted £1k for unlimited cars including import sports & performance. Thought that was decent considering I could have 20 Imprezas on the drive 
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Brett
Premium Member
Registered: 16th Dec 02
Location: Manchester
User status: Offline
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Kenny, what kind of turnover of cars did you have?
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kennySRi
Member
Registered: 12th Nov 10
Location: Lancashire
User status: Offline
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At first I was paying just over £600 and it went up every year and when it got to a £1k I didn't think it was worthwhile as I stopped buying cars.
I was only selling/changing 4 or 5 cars a year. They never asked me what I was up to, if I was to claim then I think they would just want to see some receipts but seen as you don't have to sign any logbooks or even add all your cars to the policy you could just fake them if you needed 10 or whatever.
Police were ok as well, I got pulled over quite a bit back then because I was young and always out at night but they never questioned why I was on a traders because it was for social use as well. A few times they rang my insurers up and they said that I could drive any car.
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Brett
Premium Member
Registered: 16th Dec 02
Location: Manchester
User status: Offline
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I might go for it then. Main worry was losing my NCB. I've got 9yrs at mo.
Main reason really is its cheaper for me to get a traders than it is to insure 2 cars privately.
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kennySRi
Member
Registered: 12th Nov 10
Location: Lancashire
User status: Offline
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I didn't lose mine and carried them over no problem. Maybe worth asking them about it though incase some companies are different.
I wouldn't mind going back on a traders but they quoted over £1300 last time I spoke to them.
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Brett
Premium Member
Registered: 16th Dec 02
Location: Manchester
User status: Offline
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I REALLY fancy one lol Insurance is usually the main obstacle and the reason why I don't have a few cars. With bot having NCB to use on a second car, the quotes are just stupid and I refuse to pay it 
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kennySRi
Member
Registered: 12th Nov 10
Location: Lancashire
User status: Offline
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Just go for it then and give it a go, was one of the most sensible decisions I've done in my life ha.
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willay
Moderator
Organiser: South East, National Events
Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
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Becareful Brett, I know someone who works for a insurance firm and they check up on people who have these sort of policies, checking forums, facebook, googlemaps etc. Dodgy stuff
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Brett
Premium Member
Registered: 16th Dec 02
Location: Manchester
User status: Offline
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TBH i would actually buy/sell cars anyway mate. As long as I only need to do at least a few a year, that's no issue really 
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willay
Moderator
Organiser: South East, National Events
Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
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oh sweet no worries 
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Brett
Premium Member
Registered: 16th Dec 02
Location: Manchester
User status: Offline
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Cheers tho Willay x
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
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I'd be curious to see what you end up with.
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Brett
Premium Member
Registered: 16th Dec 02
Location: Manchester
User status: Offline
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In what regard? 
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
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Who with and how much.
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Brett
Premium Member
Registered: 16th Dec 02
Location: Manchester
User status: Offline
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Well, this is my quote
Cover Level Provided: Comprehensive
Indemnity Provided (per vehicle): £7,500
Benefits/Exclusions:
•Cover for vehicles on the road and theft cover from home address
•Cover for unlimited number of vehicles (cars & commercial vehicles) up to 3.5t
•Cover for customer vehicles whilst they are in your control for you motor trade occupation
•Includes Social, Domestic & Pleasure
•Excludes Demonstration Cover
•Includes Imported vehicle Cover
•Includes High Performance Cover
•Excludes American/Canadian Vehicles
•Excludes Motorcycle Cover
12 month Quotation: £1095.00
That was through Fresh insurance (01527 593805)
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
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Not bad.
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Brett
Premium Member
Registered: 16th Dec 02
Location: Manchester
User status: Offline
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I mainly wanted performance and imports on there otherwise I cant have any fun Be a few hundred cheaper otherwise.
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Brett
Premium Member
Registered: 16th Dec 02
Location: Manchester
User status: Offline
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Am I right in assuming I can borrow peoples cars too and be covered full comp with that? Customers I mean.
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taylorboosh
Member
Registered: 3rd Apr 07
User status: Offline
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You could surely insure a performance car for far less anyways? My evo was £500 and i was 24 when i got it
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Brett
Premium Member
Registered: 16th Dec 02
Location: Manchester
User status: Offline
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Yeah I could, not sure how that's relevant here tho. Read thread maybe?
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taylorboosh
Member
Registered: 3rd Apr 07
User status: Offline
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I have read the thread?
You want a traders policy for an unknown reason?
You plan to sell a few cars - just so you can have a traders policy?
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Brett
Premium Member
Registered: 16th Dec 02
Location: Manchester
User status: Offline
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I did say I can't use my NCB on a second policy tbf. Try insuring an evo for £500 with 0 NCB. It's cheaper for a traders than insuring 2 cars with private policies, again mentioned that. More to the point, I could have 20 evo's for that one price.
For someone who likes to change cars frequently I think it's perfect without having to worry about the hindrance of insurance and everything that comes with it.
But yes John, I want a traders policy just to have one so I can tell people on the internet.
[Edited on 27-05-2014 by Brett]
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