What Is Road Risk Insurance?

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If you drive a car in Britain, you must have road risk insurance. This will cover you if you have an accident while you are driving on public roads, and if you don’t have road risk insurance you may be banned from driving altogether.

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Thankfully, most companies include road risks as part of their motor trade insurance, so if you have motor insurance you should have the legal cover that you need. However, this isn’t the case for every company – and if your car is brand new, you may not have motor insurance yet.

Want to make sure your car is 100% road legal? If so, here is everything you need to know about road risk insurance and motor insurance.

What You Need to Know About Road Risk Insurance

It is a legal requirement for all British drivers to have road risks cover. If you don’t have this cover, you could be banned from driving, and it is very likely that you will have to pay a penalty.

If you are in an accident that was caused by you, road risks cover will ensure that the other driver receives compensation for the damage. This protects both you and the other driver, but that isn’t all: road risk insurance can also cover your car for theft and fire, which is very useful.

However, it is important to be aware that road risk insurance isn’t the only thing that you need – you will also need motor insurance.

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Motor Insurance

This type of insurance includes road risk insurance. This is ideal for both private and professional car owners. If you want to find out more about motor trade insurance for your vehicle, you can speak to motor trade insurance professionals to find out more. This is the best option if you’re worried about your current motor insurance.

Motor Trade Brokered Policy

It is also possible to get a motor trade brokered policy for UK businesses. This is very useful for businesses that own (or work with) a large number of cars, as it means that the cars are covered. Some of the main businesses that could benefit from motor trade brokered policy include:

MOT garages
Used car dealerships
New car dealerships
Mechanic repair centres
Tyre fitters
Car window fitters
Home traders
Car repair services

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