Product Description
Our partner, AutoTrade Underwriting Managers, is the specialist in Auto Trade Risks and is the only company in South Africa that focuses exclusively on Motor Trade Insurance. This company has crucial expertise and essential knowledge of the Motor Trade Insurance sector, providing quality insurance solutions to the motor trade.
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Bryte Insurance Company Limited
Partnering with you to manage your business risk journey All businesses prioritise resilience by exploring avenues to diversify, focusing on maintaining relationships and delivering on their value proposition in more innovative ways. But, operating in these evolving and unsettling times means businesses are consistently presented with complex risks that could impact their growth or even survival. Bryte has deep expertise in managing diverse and intricate business risks through our comprehensive and holistic value proposition. We take the time to understand our customer’s business. We maintain deep multi-sector and industry insights and stay abreast of prevalent as well as emerging exposures. Through our unparalleled insights, proven expertise, and foresight, we invest in our customers' success. We protect their businesses by improving their risk profiles. We build enduring partnerships that prioritise the long-term sustainability of our customers’ businesses.
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Whether you’re responsible for a car dealership, a car wash, a vehicle repair shop or a service centre, as a member of the motor trade industry, you need a unique insurance solution to suit the needs of your business.
As your business grows, so does your liability for damage, loss or repair costs caused to the vehicles in your care – whether they’re stored on your premises or not, and that’s why MiWay is proud to offer Motor Traders insurance
What will your Motor Traders business be covered for?
Create a solution to suit your business! It is up to you which perils you would like to cover. Your options are as follows:
- Accidental and intentional damage
- Impact
- Theft
- Fire and explosion
- Storm, wind, hail, snow and earthquake
- Lightning
- Towing and recovery
- Geyser and pipes
- Third Party Liability
Which type of Motor Traders insurance cover is right for my business?
When determining the type of Motor Traders cover that is right for your business, think about the types of risks you need to be covered for.
Internal Motor Traders insurance provides cover for loss or damage to vehicles whilst on the premises of the insured business.
You may, for example, run a dealership, and regularly need to move vehicles between display bays on your property. However, while being moved, this vehicle could collide with another one, resulting in serious damage to both cars.
External Motor Traders insurance provides cover for loss or damage to vehicles not kept on your premises.
If you own a vehicle repair business, for example, and an employee of yours is involved in an accident while test driving a client’s vehicle following the repair, you, as the employer, can be held liable for the damage caused to the vehicle in your care.
Besides the list of standard perils, you can also choose to add cover for towing and recovery or roadside assistance.
Internal Motor Traders Insurance | External Motor Traders Insurance | |
Subsidence and landslip | ||
Car, van or truck hire | ||
Vehicle Loss of Use | ||
Glass and Signage | ||
Driver Dishonesty |
Terms and conditions apply to all products, services and benefits. Get in touch with us or refer to our policy wording for more details.