Birmingham, England -- (SBWIRE) -- 03/02/2015 -- Speeding is one of the reasons why car accidents happen and males were always been put to blame for breaking the speed limit. Yet, a recent study reveals that it was females who break the speed limit more often than males with an average of 67 speeding incidents recorded against males' 57 speeding occurrences. And having seen how drivers could be reckless sometimes when behind someone else's car and is being drive for a regular basis. It's not surprising that buying road risk insurance is a must in every motor trader.

A road risk insurance is a minimum level of insurance covered by motor trade insurance that permits the trader to move vehicles from one area to another when buying or selling a vehicle, or in moving the vehicle for repair purposes. In the case of vehicular accidents, the available levels of road risk insurance that could cover the driver are the third party only, the third party fire and theft, and the comprehensive road risk insurance. This kind of insurance only covers the driver to provide them more flexibility and independence when they carry out test-drives on vehicles.

A third party level of road risk insurance can cover the damages made to other individuals and properties affected by an accident. For instance, when a driver bumped accidentally the neighbour's car, the damages made in the neighbour's car will be covered. And the car driven by the driver who committed the fender-bender is not covered by the said insurance. The third party fire and theft road risk insurance also offers the same benefits of the third party only. Yet, in this level of insurance the vehicle in possession will also be granted with insurance events in the event of damage created by fire or theft. While the comprehensive level of road risk insurance provides the trader all the aforementioned benefits. The traders' vehicle in possession will also be entitled and could claim the benefits in the event of any damage and personal injury with the trader at fault.

This motor trade insurance is available for part-time and full-time motor traders that age 25 and above, who buy, sell or repair vehicles. Motor trade insurance including the road risk insurance is required in all motor traders so that they could conduct their motor business with ease. But this kind of insurance is not suitable for those traders that require cover for several vehicles that are personally owned. Supporting documents such as receipts for car parts for traders working on repairs and sales invoices for traders will be needed in applying for this insurance to ensure clarity and eligibility to the said insurance.

To get the most of the motor trade insurance that could save up to 50%, interested traders could get a quote and ask for expert advice from The Insurance Factory, the leading insurance provider that has access to the most viable rates in the United Kingdom. Motor traders can call on their hotline 0800 440 2063 for more insurance options that motor businesses deserves.

About The Insurance Factory
Established in 1974, The Insurance Factory is one of the UK's leading sports and performance car insurance specialists. While many general insurers won't handle performance car insurance their expertise and specialist knowledge ensures that their customers get the right cover at the right price – and excellent service to boot!

While you spend your time and money making sure your car is perfect, they make sure the insurance that goes with it is second to none. They offer a range of specialist insurance products that can be tailored to suit your individual needs. They also have excellent rates for Convicted Driver Car Insurance, so whether you've been downright naughty or simply just unlucky make sure you call them for a competitive quote.