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These quotes are also available for classic or historic vehicles as well as collectible, sports and performance cars. Although Motor Trade Insurance policies do not award coverage for the cars that are used for racing, pace making reliability or speed listing, they do reward Motor Trade safe drivers with special premiums. Cars may be used for social, domestic and pleasure purposes (including commuting), in addition to the connection with business or profession of the policyholder and authorised drivers. However, the policy does prohibit the connection with Motor Trade if the car is designated for soliciting of orders in renting out for the carriage of goods or passengers for hire or reward; to include such business trips. In essence, automobile insurance will remain applicable under the Motor trade insurance if these terms are met.
Under the Motor Trade Insurance policy, quotes are generally based on the following criteria. The potential insured must be between the ages of 25- 70 years old. The candidate must have resided in the United Kingdom for more than one year. The policyholder must have owned a United Kingdom driver’s license for more than one year without any convictions or charges of a criminal offense. The insured cannot have any motoring claims or convictions within the last five years to include Motor Insurance cancellations. All potential policyholders must not be involved in importing or exporting vehicles. Vehicles may include sports or high performance cars, veteran, vintage or classic cars or light commercial vehicles. Also, to be authorised as a Motor Car Insurance policyholder, no vehicle that is owned by you or your business has been labeled disabled. Furthermore, no vehicle that is in the possession of you or your business can be leased.
These policies are tailored for individual or firms operating in the Motor Trade industry who are in the need of a genuine insurance coverage to protect their personal or business vehicles. These vehicles are authorised to be used on the public roads or parked at the home or premises. The insurance allows drivers to operate any motor vehicle under the provisions of the Motor trade insurance policy . This includes permanently owned vehicles that are specifically used for social, domestic and pleasure purposes only.

Article Source: http://www.articlesbase.com/cars-articles/motor-trade-car-insurance-451906.html

About the Author:
Abdul Aziz owns and runs motor tarde insurance , one of the leading network of motor trade insurance companies in the UK. He has been working within the insurancel industry for over 2 years and has thousands of satisfied customers worldwide. Motor trade insurance provides motor trade insurance and motor trade insurance services.