Guide to Motor Claims Inflation

• Executive summary
• Pandemic impact
• Brexit
• War in Ukraine
• Technological advancement
• What about injury claims?
• It’s not all bad news
• What’s AXA doing to help?
• Vehicle damage claims
• Injury claims

Download the motor claims guide Here.

There are legal requirements in the United Kingdom to have certain insurance policies in place for a motor trade business. There are two fundamental elements of cover you need to be aware of:

• Road Risks - To legally drive on UK roads,  you must have a minimum of Third-Party vehicle insurance in place by law– i.e. driving a customer vehicle after a repair to ensure fault is resolved.
• Employers' Liability - This is also a legal requirement to obtain if you have at least one employee and includes many types of sub-contractor, too. If you are caught without cover, you can be fined up to £2,500 per employee, per day.

Read more Here.