Motor Traders Internal Risks covers insured vehicles while they are at the business premises for sale, service, repair, storage or safekeeping. Depending on the wording, it can respond to accidental damage, fire, theft or malicious damage. It is not a substitute for buildings, contents, public liability or road-risk cover.
An electrical fire starts after hours in a mechanical workshop in Bellville and damages three customers’ vehicles parked in locked service bays.
How cover may respond: Internal risks may pay the insured value of the damaged vehicles, subject to the fire cover, sums insured, excess and compliance with fire-protection conditions.
Important: Damage to tools, lifts and the building would usually fall under separate property sections.
Tell us what vehicles you handle, where they are kept and how they are used. A specialist can compare suitable terms and explain the important conditions before you bind cover.
Start my quotationThis is a general explanation, not advice or a policy contract. Cover is subject to the insurer’s schedule, wording, limits, excesses and conditions.