Introduction
Trade insurance is done on the motors mostly. There is a team of expert motor trade insurance in "Quote Me Today" in which they find the cheapest deal which you may apply on your motor insurance policy. You can save your money to the most extent by using the solutions provided by the team in “Quote Me Today”. You may call them or may request Quote Online for your help regarding your vehicles (cars etc) and this way you may save the money immediately. There are motor trade insurance specialists who find the best way to solve your problem. They are quick and provide easy way to set up the policies for you. If you are working in motor trade industry then you should protect yourself from anything wrong to happen with you. It does not matter that how much problems are there, you can easily find the solutions by calling "Quote Me Today". The person should have motor trade insurance and car dealerships, either he is buying, selling, fixing or working with the vehicles.
History
There are three different areas which cover the term motor trade insurance. These areas are road risk only motor trade insurance which is further divided into three levels like third party only (it is for the users; if the persons drive the vehicle himself on public highway, provides general services of repairing, sells the cars for the sake of profit and many more), third party fire & theft (they also provide you the cover of damages) and comprehensive (they also provide services for the accidental damages.); liability motor trade insurance (there are three types of liability motor trade insurance which are product, sale and service indemnity) and combined motor trade insurance (it covers all the areas like money, vehicles, liabilities and tools etc).
Features
There is also a term used Trade Credit Insurance. Trade credit insurance is also a trade insurance which was started from the end of 19th century. It was developed by Western Europe between the two world wars; World War 1 and 2. There are several companies which were founded in most of the countries. On behalf of their state they managed the political risks to export.
Tips and comments
The concentration on trade insurance market was started over 90's. 85% of the global credit insurance market was accounted by three groups. Trade Insurance Market was rapidly expanded in Asia, America and Eastern Europe. There is a merger of two credit insurance companies (of Allianz Group) which is known as "Euler Hermes". It is the provider of credit insurance, which is considered to be the number one. There is another merger between NCM and Gerling Kreditversicherung which is known as "Atradius". There was an institution which was built in 1946, known as "Coface"; it was a French Government Sponsored Institute. Coface is now considered to be the part of Natixis group. There are some of the credit insurance providers like AIG UK Ltd, China Export and Credit Insurance Corporation, Executive Risk insurance Services and HCC International (United Kingdom).
