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MOTOR TRADE INQUIRY RISK PRESENTATION FORM Please note there is a comments page at the end of the form for any additional information. Date produced on Quote required by Intermediary details Intermediary
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How to fill out motor trade e-enquiry risk

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How to fill out motor trade e-enquiry risk:

01
To begin, gather all the necessary information about your motor trade business, including the types of vehicles you trade, the number of vehicles in your inventory, and the areas in which you operate.
02
Access the e-enquiry risk form through the appropriate platform or website, ensuring that you have a secure and stable internet connection.
03
Start by entering your personal details, such as your name, contact information, and any relevant identification numbers or licenses.
04
Move on to provide specific details about your motor trade business, including its legal structure, trading name, and the address of your business premises.
05
Indicate the size of your business by entering the number of employees and the annual turnover.
06
Provide comprehensive information about the types of vehicles you trade, including whether they are new or used, and whether you specialize in specific makes or models.
07
Detail any additional trading activities you engage in, such as buying and selling parts or offering repairs and maintenance services.
08
Review the risk-related questions carefully and answer truthfully. These questions typically ask about your insurance history, claims history, and any previous convictions or legal issues related to your motor trade business.
09
Additionally, provide information about the security measures you have in place to protect your property and vehicles, such as alarm systems or CCTV cameras.
10
Once all the required fields have been completed, review the information you have entered to ensure its accuracy and completeness. Make any necessary corrections before submitting the form.

Who needs motor trade e-enquiry risk?

01
Motor traders: Individuals or businesses involved in buying, selling, or repairing vehicles for profit. This includes both small independent traders and larger dealerships.
02
Online vehicle sellers: Individuals or companies who exclusively trade vehicles online, without a physical showroom.
03
Mechanics and garages: Professionals who offer repair and maintenance services for vehicles and may also engage in buying and selling cars.
04
Specialist traders: Businesses that focus on specific types of vehicles, such as vintage or luxury cars, motorcycles, or commercial vehicles.
05
Vehicle auctions and brokers: Those involved in facilitating the sale or purchase of vehicles through auctions or acting as intermediaries between buyers and sellers.
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Motor trade e-enquiry risk refers to the assessment of risks associated with motor trade activities.
Motor traders and businesses involved in motor trade activities are required to file motor trade e-enquiry risk.
Motor trade e-enquiry risk can be filled out online through the designated platform provided by regulatory authorities.
The purpose of motor trade e-enquiry risk is to identify and assess risks related to motor trade activities in order to mitigate potential losses.
Information such as type of motor trade activities, number of vehicles involved, location of operations, and risk management measures must be reported on motor trade e-enquiry risk.
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