Cobra Underwriting - Motor Trade (Network Exclusive)

A product designed for small to medium garages with a turnover up to £3.5m

Target Market

• Sales, mechanical repairs, service, MOT’s for cars, motor cycles and commercial vehicles
• Bodyshops
• Tyre, exhaust and battery supply and fit (premises-based)
• Auto Electricians and Security Installers (premises-based)
• Signwriters

Optional Covers

• Theft of vehicles with keys (subject to 35% self-insurance)
• Unaccompanied demonstration (max 8 hours)
• S D & P open driving
• Financial Products Loss £250,000

Key Features

• Non-transferable Policy
• New car replacement for written-off vehicles within the first 12-months of purchase from new
• Full theft cover (other than fuel stations)
• Unnamed business use driving (premium discount if business users restricted)
• S D & P use for up to nine named drivers
• Comprehensive cover for travel within EU
• Risk improvement funding
• Enhanced covers for RMIF members

Ancillary activities can be included:

Sales, services, repair of PSVs
Sales, services, repair of HGVs
Sales, services, repair of plant
Mobile fitting
Windscreen fitting
In-car entertainment
Vehicle recovery/vehicle storage
Coach builders/Converters

Premium range

£1,250 – £20,000
Instalment charge 4.0% (subject to credit check)