Leading Motortrade Insurer Enhance Their Product
Leading motortrade insurance provide Covea have announced the enhancement of their already popular motortrade combined insurance product. Covea provide both road risks insurance and premises cover to those who are established in the motortrade.
Some additional features now include:
- Depreciation in value of stolen new motor vehicles up to a limit of £1000
- New vehicle replacement cover
- Temporary removal of vehicles for cleaning, renovation or repair – £25000
- Accompanied demonstration cover
- Cover for courtesy vehicles or hired to customers
- Indemnity for movement of obstructing vehicles
- Loss of use of customer vehicles up to £25000
- Discount to effect sale following damage cover to a limit of £5000
- Automatic windscreen cover included
- Driver and passenger indemnity
In addition they have also widened their appetite to include small to medium second hand car dealers operating from a bona fide premises. They already offer competitive products to service and repairs centres, accessory sales/fitting specialists, electricians and MOT centres.
The enhancements will surely only increase Covea’s market share in motortrade insurance arena. If you would like to find out more about Covea’s motortrade insurance product then give us a call on 0121 667 3005.
A copy of Coveas Policy Summary is available Here
Mitchel Lee Product Rating:
Verdict: Already a fantastic product so additional features can only improve it. A rare 5*