Motor trade insurance is different from regular car insurance because it covers the cost of damage to your vehicle in the event of an accident.
Motor trade insurance is often used as a cheaper alternative to full comprehensive car insurance, but it doesn't cover everything that comprehensive insurance does.
Comprehensive car insurance covers damage to your car in the event of an accident and pays for repairs up to a certain level. If you're involved in an accident, your insurer will pay out cash to repair or replace your vehicle, and they'll also reimburse you for any expenses related to the accident like any medical bills or lost wages.
Motor trade insurance won't cover everything that comprehensive car insurance does: it's only meant for repairs related to collisions with other vehicles or objects on the road. It won't cover things like tires being run over by a vehicle that didn't stop at a stop sign (or any other type of collision).
Motor trade insurance is often used as a cheaper alternative to full comprehensive car insurance, but it doesn't cover everything that comprehensive insurance does.
Comprehensive car insurance covers damage to your car in the event of an accident and pays for repairs up to a certain level. If you're involved in an accident, your insurer will pay out cash to repair or replace your vehicle, and they'll also reimburse you for any expenses related to the accident like any medical bills or lost wages.
Motor trade insurance won't cover everything that comprehensive car insurance does: it's only meant for repairs related to collisions with other vehicles or objects on the road. It won't cover things like tires being run over by a vehicle that didn't stop at a stop sign (or any other type of collision).