Motorcycle Trade Insurance
Insurance for Motorcycle Traders by Prosura
When you operate within the motorcycle trade a friction-free insurance service will help you to get geared up for your customers.
At Prosura we support all aspects of your motorcycle dealership insurance. Basically, we protect your valuable assets from motorcycles, parts and accessories to premises, servicing and tools.
What should be included in a Motorbike Dealer Insurance policy?
No motorcycle dealership is the same, especially with such a large variety of motorcycle models, features, styles and ways to sell. This therefore means you have several options for your motorcycle trade insurance. So, we get to know your motorcycle trade business. This helps us to protect all of your important assets – from Road Risks to Liability and Premises.
Driving is at the heart of what you do. Road Risk allows flexible protection for motorcycles under your ‘care and custody’. Effectively, it allows you to drive customers’ motorcycles as well as any you have bought – e.g. at auction – with a view to reselling. Road Risk is the minimum legal requirement for any business involved in trading motorcycles. There are a few additional covers, for your motor bike trade insurance, that may be worth considering.
- Traders Liability Insurance
There are a range of liability covers that will certainly apply. Employers Liability is legally required in the UK where you have workers – even if part-time or casual.
Where you have members of the public on your premises, Public Liability should be a consideration as part of your motorcycle shop insurance. This is whether they are within your motorcycle dealership or motorcycle repair shop. Protection is needed in case a customer or third party suffers injuries or property damage while interacting with your business.
Product liability is certainly worth considering, especially when fitting replacement motorcycle parts during a repair job or motorcycle servicing.
Whether you own or lease, you will need to insure your premises. Within your motorcycle dealership or motorcycle repair shop, protect for your tools and equipment. In addition, where you have motorcycle stock e.g. tyres, exhausts and other parts, you will want to insure those, too.