As a vehicle breaker you have probably noticed how difficult it has become to arrange the appropriate insurance cover for your business, since the industry has become much more challenging in recent years with tighter regulation for obtaining motor trade insurance.
Looking for great deals on liability insurance for a vehicle breakers with instant low cost? Rainbow Motor Trade Insurance fully understand the nature of your business and offers a wide variety of choices to ensure that your business is both protected and it's placed with a competitive and specifically chosen insurance policy.
Protects you against claims made against you in respect of your legal liability for damage or personal injury.
Protects you against claims made against you in respect of your legal liability for disease or death.
The cost is based upon the risk information received by the underwriter.
If you own a salvage vehicle or you are thinking about purchasing a vehicle with a salvage title you will need a salvage insurance policy.
Companies in motor trade insurance business declare a vehicle to be salvage when the cost of the repairs is greater than the car's value.
A car is usually considered a total loss if the repairs would cost 50% to 90% of it's value.
Salvage vehicles typically can't be driven, but in some cases, depending on the severity of the damage, the car can be rebuilt or repaired.
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