Hey All,
We have two recovery trucks, a handful of cars for sale and a garage that we do Servicing / Repairs, Tyres, all the usual things.
Up until now we have insured everything individually at a cost of about £4K, recently I enquired about trade insurance with Tradex about 5 months ago, the price was a reasonable £480 per month for a 20, 23 and 55 year old.. However recently there has been an insurance hike I believe and the cost has now gone up by £1200 (Just shy of £6K per year with the deposit).
It is affordable but is it reasonable? I would probably say not.
Do you have any recommendations for brokers that would cover a 20, 23 and 55 year old all company directors for a LTD company.
Thank you guys