Remove It Or Lose It!

Remove It Or Lose It

 

Motor Traders!



If you fail to remove a vehicle from your Tradewise Motor Trade policy it stays on the MID in your name.  That means you may still be liable on your insurance for claims involving a vehicle long after you sold it!

You could:

  • Lose your No Claims Bonus
  • Get a bad claims record
  • Pay more for Motor Trade insurance
  • Be liable to pay for losses to your Insurer.

Removing a vehicle from the MID is easy:

  • Log On to Tradewise Online at www.twonline.co.uk
  • Click the Remove button next to the vehicle
  • Job done!

 

 

Note: Vehicles added or removed via Tradewise Online before 4:00pm Monday to Friday are typically reported to the MID the same day. Vehicles added or removed after 4:00pm Monday to Friday, on public holidays, at the weekend, or on seasonal office closure days are typically reported to the MID on the next working day.

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