Under 25 Motor Traders Insurance
Talk to our experts today if you’re under 25 years old and looking for the best traders insurance under 25 policy. Being a young trader often makes getting quotes hard and affordable quotes difficult, but we can still offer competitive prices! Simply complete our quick quote form for the latest prices within 24 hours.
Looking for under 25 trade insurance?
You’ve got to start somewhere! If you’re looking for traders insurance under 25 and it’s your heart’s desire to set up your own motor trade business, then you’re going to face some difficult dilemmas in the early days, but that’s where 1st Choice Insurance come in to save the day! The team at 1st Choice Insurance believes that everyone deserves great value on their insurance, which is why we offer great value for money with a policy tailored to your new business.
What is traders insurance for under 25s?
Under 25s motor trade insurance is specifically designed to protect young people under 25 years of age, who are working in the motor trade industry. Whether it’s repairing and maintaining vehicles, selling vehicles, or transporting cars from one place to another, this insurance combines a range of protections that are relevant to people in this sector.
Traders insurance is often available in different configurations depending on a number of key factors. The age of the policyholder is one of these factors, with young people often the hardest hit by insurance costs. While traders insurance under 25 is available, it’s important to find a policy that is affordable and well documented.
Who needs a motor trade policy under 25?
Many motor traders don’t know how age will affect their insurance costs, with insurance companies and policies often having different age requirements in place. While people with no history of insurance and those aged under 25 are always likely to face higher premiums, the price of individual products can differ considerably between providers.
For example, road risk and drivers insurance always favour older drivers because of their experience on the road. While business property insurance and public liability products are less likely to place emphasis on age, this too can differ between providers.
If you’re looking for combined traders insurance, a traders policy under 25 or any other kind of insurance product, you should always speak to an insurance professional. While it may be necessary to pay a higher rate based on your age, there are a number of contributing factors that can make a difference. For example, if you have a long and positive history of insurance with a single provider, they may look at your case more favourably.
Some insurance companies also create a second tier by providing specialist support for those aged between 22 and 25 years. While this is unlikely to be as affordable as the general premium for people aged 25 and older, car insurance traders policy under 25 may be cheaper than what is available to an 18-year-old.