Legal Expenses Insurance
Motor Trade Insurance - Loss Of MOT Licence
Loss of MOT Licence Insurance exactly what is it?
Trawl the internet and you will find very little information, you will find lots of reference to it but no explanation
Its arguable that this cover really should come under the Motor Trade Business Interruption Insurance section as its not really an expenses or legal protection policy as such.
So what do you find on the internet about Loss of MOT Licence protection for Motor Traders?
Cover to replace loss of profit from MOT testing and associated repair and servicing work following suspension or withdrawal of licence.
Its quite obvious therefore what the insurance cover does, its all well and good having the cover but the chances are if the MOT Licence does get withdrawn you need to be aware of the exclusions under the policy. If you have had your MOT Licence withdrawn because of dodgy MOT's for instance you might just find that this is excluded.
Be aware of what cover you are buying, speak to one of our Motor Trade Insurance experts who will guide you through all the covers you need that are applicable to your business
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