Traders Insurance

Kompare has changed the game when it comes to finding traders insurance. In the past, the whole process was so complicated that it left many traders frustrated. That’s why we created Kompare – a website to help traders find the policy that suits their business and their budget.

Whether you’re a part-time mechanic or the owner of a multi-car dealership, Kompare will be able to find the policy that’s right for you with just a click of a button.

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Traders insurance can cover an enormous range of businesses that work in all types of industries. Meaning that policies can be tailored specifically for the individual.

There are two main types of traders insurance policies: road risks or combined. When a business deals with customer vehicles, they are taking that vehicle into their possession. Traders insurance provides cover for businesses that have a customer’s vehicle under their care, custody or control, plus those involved in vehicle sales.

Frequently Asked Questions

We understand that taking out a traders insurance policy can seem quite daunting. That’s why we’ve put together a collection of FAQs to answer any questions that you may have.

Kompare work with the leading UK insurers who specialise in helping traders. By filling out a quick and simple application form, you’ll have access to a variety of quotes from a range of businesses. By using Kompare for your next quote, you won’t have to go through the labouring work of entering and re-entering your details on multiple websites.

Our services are free and there’s no-obligation to buy the policy that you are given. If you aren’t satisfied with the quote, click on the ‘Get A Call Now’ button and one of our agents will be on hand to find you your policy at a better price.

If you repair, refurbish or undertake any type of work with vehicles, it’s likely that you need this type of cover. The types of professions that come under this category are:
Mechanic
Car-Valeter
Breakdown Recovery Specialist
Windscreen Repair
And more

If you own a business with more than one member of staff, it is likely that you will need a policy that covers for all your staff. Your trader’s policy is there to protect your business against any damage or possible issues that could surface.

If you know your details off the top of your head, it won’t take too long to fill out our form. Here’s a reminder of the details that you need to know.

Details of your trade – We’ll need to know exactly what you’re doing as a trader to help you, such as business type.
Your Information – This includes your name, age, occupation and address.
Driver Details – We’ll need to know what vehicles you are driving and how many named-drivers you need on the policy.
No-Claims-Discount History – Having details of your NCD history will help lower your premium.