Motor trade insurance policy......

[melmes]

Hi,
I'm a 30yr old male who has just passed my driving test and am looking to getting started trading in used cars for a living - problem is all the insurance companys ive tried have said that you need to have held a licence for @least 1 year before they will give you a trade policy. does anybody know if there is another way i can go about getting a policy so i can get started with my venture?

thanks

Matt

[twix123]

Approach an Insurance Broker specialising in Motor Trade Policies as they would know if any insurers do not impose such restrictions, or they may be able to negotiate suitable cover for you.

[twix123]

Further to my response above, I spoke today to one of my brokers who specialises in Motor Trade policies. He advised that none of the 3 major insurers that we deal with impose such a restriction, although it would be expensive until you start earning No Claim Bonuses. I presume that the insurers you approached were all on line, offering cheap deals, which probably explains the restriction!