I'm looking to get my 1st trade insurance policy, had a cracking price quoted. One of the things they ask is for proof of a trading history if I need to make a claim. (which I won't unless something get's stolen)

I've been buying an selling cars for a few years, I tended to buy a car I liked that needed work, fix it, run it a while and sell it on for a profit, it was more about it being a hobby than for money. Would go through 6-7 cars a year (some i'd break for spares) although didn't put them all in my name, some on the missus name.

Now I was buying private and selling private. This means no paper trail. I was planning on keeping it like this. Was aiming for selling one a month, so no major operation.

Anyone know if i'm going to encounter any issues keeping it like this? (thinking warrenty and tax)

Do you need receipts for everything you own if you have a trade insurance policy?