Motor Trade Protected Excess
Many Motor Trader Insurers will offer you a discount on your premium for agreeing to add a voluntary excess.
They do this because they will have to pay out less towards a claim, if one was to occur.
So the higher you’re motor trade excess is, the cheaper your overall premium will be.
For example, most motor trade policies come with a standard £250 excess, if you were to increase this to £500, you will receive a voluntary excess discount, which will save you money, depending on the premium size and the discount given.
Please Note: in the event of a motor trade claim your full excess needs to be paid.
At Motor Trader Insurance UK we can offer you a product to protect your excess, meaning you pay the policy excess but receive your full excess payment back.
In many cases it is self-funding because the premium discount you receive will pay for the protected excess policy!
This allows you to take advantage of the discounts offered by the insurers for increasing your excess, but gives you the peace of mind that if a claim was to occur you would receive the paid excess back.
Quotes can be requested online via the “Get a Quote” button, or by calling our experts direct on 01708 609973.
At Motor Trader Insurance UK we guarantee a quality motor trade product along with an excellent service to match.