It has recently been reported by insurance specialist Staveley Head that the volume of insurance quotes from motor trade customers in June increased by more than 280 percent, when compared to the same month last year.

This level has never been experienced before and the numbers taking up the cover rose by nearly 220 percent over 2009’s figures.

A Staveley Head spokesperson explained:

“We are continuing to increase out internet presence and also our profile in the market. We anticipate that the number of enquiries received and also the number of motor trade insurance policies issued will expand by a further 150% in the next twelve months.”

The leading commercial vehicle insurers in the UK have posted similar outstanding results as motor traders recognise the real need for the protection of their vehicles.

The increases may have occurred because of a number of factors, including awareness over the internet, with referrals from distribution networks and trade advertising.

The self-employed motor trader is fast becoming a chosen profession for qualified engineers and so commercial vehicle insurance is an important consideration for these tradespeople.

You can now get tailor made policies which are designed to cater for a wide range of commercial customers, with specialist products available for traders who buy and sell cars from home to those who repair commercial vehicles on business premises, there is sure to be a policy that can be tailor-made to suit your circumstances.