Tyre Fitters Insurance

Tyre fitters coverage includes the following three levels of insurance:

Third-party only: protects third parties from injuries and property damage that result from your business operations. However, this insurance does not pay for your injuries or damage to your vehicle. You must cover these costs out-of-pocket. This level of coverage is the minimum you’re legally required to have.

Third-party, fire & theft: this level of coverage includes everything above, along with fire and theft protection for the car you’re working on or driving. If the vehicle catches fire, is stolen, or vandalized, this level of coverage protects the vehicle.

Comprehensive: offers the protection listed above and fully protects you and the vehicle in your possession. This is the highest level of insurance you can purchase, and it offers the best protection for you and your business.

Are There Add-Ons Available for Tyre Fitters Insurance?
Yes! Here are some other types of coverage you may want to consider adding to your tyre fitter insurance policy:

Road risk: protects you and your employees when driving customer vehicles. You can choose the level of coverage needed for your business (see above). And you can have your own vehicle insured.

Premises: protects your business premises and the assets stored on-site, such as vehicles, stock, tools, and machinery.

Engineering Inspection: ensure your machinery is properly maintained and functioning correctly.

Public liability: offers protection against claims by members of the public if they are injured or their property is damaged while on your business premises or suffered due to the operation of your business. Legal fees are also covered.

Employers’ liability: this coverage protects employees from injuries, becoming ill, or dying while performing their duties for your business. You are protected against these claims. Companies are legally required to have employers’ insurance if they have one or more employees.

Product liability: protects you in case a product you fit, such as a tyre, is damaged or faulty and causes an accident. This is also called sales and service indemnity protection.

The limit of indemnity under the tyre fitter public liability cover is the maximum liability the insurance provider will cover in the event of a claim. The most common limits are £1M, £2M, and £5M; however, it may be possible to arrange a higher limit through the insurance provider.

The limit of indemnity depends on the type of business activities your business provides, the level of risks faced, and any contractual requirements that a tyre fitter may enter into.

That’s a great question! Most tyre fitter public liability policies are made on a claims occurring basis. That means the policy responds to claims that come from incidents that happened when the policy was in effect.

There is no excess with respect to claims that occur from personal injury. However, with regard to third-party property damage, there is usually an excess, which is about £250.

You’ll find the details about your excess in the policy documentation. And if you have any questions about this, it’s best to talk directly with your insurance provider.

In most cases, insurance providers ask for proof that you operate in the motor trades. Proof of trading can include the following:

• Copies of purchase invoices and sales receipts for vehicles bought or sols
• Auction house invoices and auction house membership
• Proof of joint bank account for business partnerships
• Copies of any invoices and receipts for parts or work carried out on customer vehicles
• Submission of accounts

If you’re in the tire-fitting business, then this is a policy you need. It’s essential to choose the right level of coverage for your business. You can do this by answering several questions insurers have about your business.

For instance, they will ask if you run the business full or part-time. Do you operate the business from home or have business premises? Do you provide mobile tyre-fitting services? Do you have employees? Then you have a legal requirement to have employers’ liability insurance. Would you like to be protected against claims made by members of the public? Then you will need public liability insurance, too.

However, if you operate from business premises, it would be best to buy a combined motor trade policy, which protects your entire business (including buildings, contents, business interruption, and more).

Each of your answers will determine the type of policy you need.

Motor trade businesses that may need tyre fitter insurance include:

• Vehicle repair businesses
• Vehicle sales businesses, including individual traders operating from home (whether full- or part-time)
• Garages offering MOTs and servicing
• Breakdown and recovery firms
• Vehicle delivery firms (cover may be referred to as ‘trade plate insurance’)
• Scrapyards
• Specialist vehicle collectors and restorers
• Firms selling and/or fitting vehicle parts and accessories, including tyres
• Vehicle repossession businesses
• Car valet companies

Comparison shopping is the best way to find the right level of insurance at a price you can afford. Researching insurance providers can take time. It means spending time online finding insurance providers specializing in tyre fitter insurance.

Next, it’s necessary to contact each provider to ask about their policies and premiums. The trouble is, as a business owner, you don’t have time for all of this. So, how can you comparison shop for tyre fitter insurance more effectively?

The best way to compare tyre fitter insurance is directly through our site! At MyMoneyComparison.com, we make the research and comparison process fast and easy. We help you compare detailed quotes from highly esteemed tyre fitter insurance brokers, who offer the right balance between value and price. That means you’ll have a policy and premium that fit your business.

No matter whether you work part-time or full-time, we make it easy to find tyre fitters insurance. All you need to do is fill out our simple form, hit “Enter,” and wait a few minutes for quotes to come from our insurance partners. Within minutes, you’ll have quotes for tyre fitters insurance policies!

You may have questions about the policies and precisely what they cover. That’s OK! Our insurance partners are happy to answer all of your questions and help you find the right level of insurance for your business.

So, why not your tyre fitter quotes today?