July 4, 2012 in Motor Trade Insurance News & Info
A motor trade insurance policy aimed for the motor industry enables you to customize the cover to meet your daily needs and this includes how many drivers you may wish to include.
There are certain things you need to consider before adding any drivers. Firstly if you are a mechanical workshop, you may need drivers to test drive the customer vehicles to find the faults and then after repairs to ensure the vehicle is running smoothly.
Even the largest of workshops won’t require too many drivers to carry this out. You can choose to do all the driving yourself, but if you have a number of vehicles in for the day, you may not be able to get on with your daily tasks as you spend your day driving around test driving vehicles.
Before adding any drivers to the policy, take time to find out about each driver. Your best staff members may not have clean driving licenses and even though they have been with you for many years, adding them to the policy will increase your premium dramatically.
You want to be able to add the drivers without the expense, this is completely understandable, and so you need to confirm three things from each potential driver:
- Are they over twenty five years old?
- Do they have a clean driving license?
- Do they have private no claim bonus on their own policies?
Confirming these three things can help you add drivers without adding too much to the premium.
It has been recorded that the majority of accidents on the UK roads are caused and include drivers under the age of twenty five years old; this is why you want your drivers to be over this age. If they are under, they are considered a risk and this will increase your premium.
A clean driving license shows that they are responsible drivers. Drivers will points removed for speeding or drink driving makes shows them as a risk to the broker, even if they are your most senior member of staff, this will increase your premium dramatically.
Lastly if they do have a no claims on their private cover, this can often be used to reduce your premium further. Some of the companies offering this type of cover will take this into consideration when adding drivers to your policy.
In the long run you can add as many drivers as you like to your motor trade insurance, bearing in mind that each additional driver will increase your premium. If you can choose drivers considered low risk, you can enjoy lower premiums.