What’s the difference between Road Risks Policy and Combined Policy?
Road Risk Only
This insurance is suitable for motor traders who are just starting off in business or who are operating from their home. There are three basic levels of cover available:
Road Risk Third Party Only – This is the legal minimum and covers your liability should you be involved in an accident that is your fault.
Road Risk Third Party, Fire and Theft – Together with the coverage you get with Third Party listed above, you will also be covered against fire damage to or theft of a car whilst in your possession. This does not cover any damage sustained that is deemed to be your fault.
Road Risk Comprehensive – As with personal car insurance, this will cover you for everything listed above, but will also cover any damage sustained from an accident that is found to be your fault.
If additional insurance is needed, for example Employer’s Liability or Public Liability, this can be added to a Road Risk Policy.