Yes. We can arrange funding for your premium payable in monthly instalments* provided your business meets certain criteria.
Contact us to set up monthly payments for your premiums.
What is motor trade insurance?
Motor trade insurance is specifically designed for businesses operating in the motor trade or automotive industry including car dealerships, auto repair shops, auto body repairs, auto parts dealers, car rental companies, car auction companies, as well as vehicle importers and exporters.
The standard type of insurance cover available under a motor trade policy is a broad insurance solution designed to help cover your business for the unique risks faced across the automotive industry.
Of course, your package can be tailored to your individual business needs and risks.
Motor trade policies can vary between different insurers, so it’s important to examine policies carefully. We’ve summarised some of the of the general inclusions in a typical motor trade insurance policy on this page, but our motor trade broking team can help you work out which policy is right for you.
Cover we can arrange
Discover tailored cover for your profession
Additional cover we can arrange
Why Marsh?
Why should you choose Marsh to arrange your insurance solutions?
Frequently asked questions
The answer depends on how often your business changes.
As a rule of thumb, we recommend you review your policy at least once a year. This will ensure your business’s current risk exposures are covered.
But major changes – like business growth, greater work complexity or expanded services – should always prompt an insurance review.
Some insurers need to know about certain changes in accordance with your duty of disclosure. If your business has changed recently, contact the Marsh motor trades team to update your policy.
The cost of your motor trade insurance will depend on several factors – including your business size, revenue and services provided.
For advice specific to your business, you can request a call back to speak to a Marsh advisor.
A motor trade policy can cover for:
Property damage
Public and product liability
Professional indemnity
Business interruption
Machinery breakdown
Electronic equipment breakdown
Glass
Money
Customer vehicle loss or damage.
Have another concern? We can always arrange insurance to suit the specifics of your business.
The types of motor trades clients we can service are ever-expanding. We can cover:
Auto electricians
Mechanics
Tyre retailers and fitters
Car dealers
Members of the Victorian Automobile Chamber of Commerce (VACC).
Some of the cheapest insurance policies might not always offer you the best value insurance package, and you should carefully consider what might be included – and more importantly, excluded – from your cover. You should always take the time to read the policy wording carefully before you compare pricing.
There are some steps you can take to help ensure the cover you purchase is not only right for your business, but also at the best possible price point. These include:
- Comparing quotes
- Assessing your needs to avoid unnecessary add-ons or coverage you might not need
- Increasing risk mitigation strategies (eg security measures) to minimise the chance of an incident occurring
- Choosing a higher excess
- Starting your renewal process early to give yourself time to gather all the evidence (eg reports, assessments) that insurers require
- Working with a speciality business broker who can advocate for you and may be able to negotiate a better price point.
Forms and documents
Related insurance solutions
Business insurance
Need a range of covers to suit your business needs? Explore Marsh’s business bundles for glass, theft, contents cover and more.
Insurance premium funding
Insurance can be a lifeline. But lump sum premiums can be a hindrance. Pay in monthly instalments with premium funding arranged by Marsh.
Commercial property cover
Let Marsh arrange your commercial property insurance policy to help protect your business’s buildings, contents, and more.
This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances.
Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238 983) (“Marsh”) and Marsh Advantage Insurance Pty Ltd (ABN 31 081 358 303, AFSL 238 369) (“MAI”) arrange the general insurance (i.e. not the Discretionary Trust Arrangement) and are not the insurer.
Discretionary Trust Arrangements are issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417 964) (“JGS”). Any advice or dealing in relation to a Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226 827) (“JLT”). The cover provided by a Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions.
For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements (PDSs) available from the relevant product issuer. Target Market Determinations (TMDs) are available here.
Marsh, MAI, JGS and JLT are all businesses of the Marsh group.
LCPA 23/127
*Interest and additional fees will apply.