The Student Room Group

Motor traders insurance

Hello

I was thinking about buying a car and putting up for hire, will I therefore be eligible for motor traders insurance?

Thank You
Reply 1
Unless you're at least 21 you can forget a traders policy. Even then you'll be limited on cc.
Original post by JC.
Unless you're at least 21 you can forget a traders policy. Even then you'll be limited on cc.


I agree.
If you are under 21, then forget it. Even if you are over 21, then
personally i wouldnt bother.
Reply 3
Original post by Emma:-)
I agree.
If you are under 21, then forget it. Even if you are over 21, then
personally i wouldnt bother.

Why wouldn't you bother with may i ask?
Reply 4
Because assuming you can even get anyone to sell you an insurance policy, it's unlikely to be any better value than insuring the cars normally. Any policy you can get your hands on is also likely to be heavily restricted on engine size.
Reply 5
Thats not a Trader policy, that's either rental policy or a carriage policy
(edited 11 years ago)
Original post by JO53PHS
Because assuming you can even get anyone to sell you an insurance policy, it's unlikely to be any better value than insuring the cars normally. Any policy you can get your hands on is also likely to be heavily restricted on engine size.


Exactly

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