If you own a motor trade business then there are multiple things you need to think about including motor trade insurance cover.
Not only do you need to be able to work on and transport customer vehicles but you also need to keep your premises secure.
With this in mind, below are some of the best ways to protect your motor trade business.
Secure your premises
Making your premises secure is extremely important for motor trade businesses. Since you’ll often have expensive vehicles on your premises, it can easily attract unwanted attention. Therefore you have to make it clear that your premises are secure and not an easy target. The best way to do this is by installing security devices such as CCTV cameras, security alarms and security lighting.
You should also make it very hard to get into the premises when it’s locked. Barbed wire or spikes across the tops of fences or walls surrounding your building is a very effective way to do this.
Get the right cover
Getting the right cover is another extremely important part of protecting a motor trade business. When you have your own premises and are working on customer vehicles every day then you need the right type of insurance policy. Motor trade insurance is a form of cover that will protect your business from common risks, such as accidents, accidental damage, theft, vandalism and break ins.
You can get different types of motor trade insurance depending on what it is you need to cover. For example if you already have cover for your premises on a separate policy, then you can just get cover for working on and driving customer vehicles, also known as road risks. If you want to protect your premises, tools, stock and cash on your insurance then you can get what’s known as a “combined policy”.
Visit http://www.traders-insurance.com/ for more information.
Train your employees well
Training your employees well is one of the best ways to keep your business secure and prevent insurance claims. Make sure that best practices are followed as far as storing cash/tools etc. goes. You should also ensure that your staff know exactly what to do if they were involved in an accident with a member of the public. It’s always important to gather evidence after an accident so it’s easier to establish who was to blame. This is something you should make very clear to your staff since it could potentially save you a lot of money.