croakey

few simple questions on traders insurance!

1. i've got a load of student loan money through, and fancy doing a bit of buying and selling from home, as a result i aint gunna be vat registered/or anything registered> am i still eligible?

2.How much is it likely to be, i'm 20 in march and will have 3 years no claims as well

3.and whats the relative pros and cons on getting it??

4.oh..and any suggestions on companies?

sorry for all the questions, but i have no idea about this sorta thing!

cheers!

apples24

v hard to get a policy under the age of 25

croakey

how have loads of my mates got em then?? they are all mechanics,and all have their own traders insurance i think??

apples24

obviously there are a few selected companys but someone i knew was geting quotes £1500+

mines only £800 per year fully comp on anything, no cossie restrictions etc

Ian M

problem with trade policies is if you need to claim you will only get trade value on anything which is not a lot.

TIFF

As Apples said, very hard to get if your under 25, and dont forget you will only get trade price on a car if you smash it

apples24

but that doesnt matter as you only give trade for them in the begining

Ginge !

croakey

not 2 bothered about the trade value stuff,as a lot of the stuff would probably be from auctions or imports.


£1500 would be perfect, i'm paying 1200 fully comp on a 1.4 fiesta! and does it cover say my own personal car? really thinking this could be a good use for the good old student loan!

anyone know of companies that will work with under 25's?

Dan_L

Hi,
The only company I could find which would insure me when I was 20 was tradex, my renewal for this year (21 3 years no claims) was £2000.

HTH

Dan

swerv

a lot of companies are stopping traders policys now unless you have you own premises , they are very hard to get

croakey

luckily i have got a registered premises i could make use of if i needed to!

croakey

anymore ideas??

croakey

anyone

mikee_rs

very interested in this


does any1 hwave any fone numbers??