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Dołączył: 10 Maj 2011
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Wysłany: Śro 6:48, 25 Maj 2011 Temat postu: Ed Hardy Jeans7Finding The Perfect Policy For Your |
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er deciding that you need to insure your motor trade business, the next step is to choose the policies according to your needs and circumstances.
Road risk and a combined policy are the two main categories of motor trade insurance. Road risk includes comprehensive, third party fire and theft, liability insurance and third party only, while the combined policy provides for the trader's business, equipment and materials as well.
The first type of trade insurance is a 'third party only' policy. With this policy, only the damages of the other party will be covered and the trader would not have any protection against losses and damages incurred to their own property. If the motor trader does not really require insurance, he would have to at least get this to fulfill the legal requirement for driving on public roads.
A 'third party fire and theft' policy is an upgrade of the third party only policy. It will cover the claims made by the third party, and covers the trader in the event of fire or theft. A 'comprehensive' policy is a combination of the two policies mentioned; it also provides cover for several kinds of damage, and includes repairs for the car used by the trader.
The next type of policy is 'liability' insurance. This type of policy covers liabilities that a motor trader has incurred towards his employees and customers. It also includes the liability of the products that the trader carries inside the vehicle.
The policy covers liabilities that the motor trader might incur towards his employees and customers. It also includes the liabilities of products that the trader carries inside the vehicle. The last is when the trader is a mechanic or owns a garage. This policy includes Product Liability, Public Liability and Insurance Employee Liability.
The last type of insurance is the combined policy. It covers almost all areas of the trader's business, from tools, machinery, goods in transit, business interruption and other aspect related to the motor trade business that are encompassed by the premises where the business takes place. This policy also covers repairs and road risks. This is the policy that provides total protection to the motor trader.
It is important for every trader to be aware of the limits that these trade insurances provide to any damage done to your business. In case of any questions or queries [link widoczny dla zalogowanych], the motor trader can contact an insurance consultant for any clarification. In case there are changes to the business, the trader must inform the company about the address and numbers of drivers over a period of time, because these things can affect the premiums that you are paying
If you want to remain safe from any fraudulent companies and do not want to spend too much on the hidden charges of a policy, then the best thing to do is to evaluate and understand these important aspects before buying any insurance.
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