If you have a complicated medical history, are older, or have criminal records, you may have trouble purchasing insurance. However, if you’re having difficulties getting insurance, you can consider hiring an insurance broker to assist you. For example, a UK-registered sports and performance car specialist, Insurance Factory, may be able to connect you with top-notch specialized insurers. However, read on to know more about who the Insurance Factory is, how their car insurance policy works, and customers’ reviews about them.
Who is Insurance Factory?
Insurance Factory is an insurance broker that works with a network of top insurers and intermediaries to put up policies. Their offerings, however, include motor, household, horse, travel, and commercial package insurance policies.
With over 20 years of experience in the insurance sector, they have access to a pool of professional insurers who can provide you with competitive insurance quotes. Likewise, Insurance Factory can provide reasonably priced, high-value plans that meet the budget for your property, automobile, or van, as well as business cover for your company.
Meanwhile, every Insurance Factory customer is treated as an individual, as can be seen in their service rendering process. So, if you have a bad claims record or are having trouble finding insurance, Insurance Factory may be able to help. In addition, they work with a philosophy of never passing judgment but instead relying on their long years of expertise and experience to help you choose the proper insurance policy.
Services Rendered By Insurance Factory
They provide different kinds of services, such as arranging insurance for motor, household, equine, and travel, as well as commercial package plans.
Likewise, they can help you set up your insurance and assist you with any ongoing adjustments. Insurance Factory represents both you and the insurer throughout the insurance period. In addition, they speak on your behalf, and when it comes to providing a quote and organizing coverage, they will help you through.
Furthermore, insurance Coverage will contain a thorough explanation of any insurance policy they establish on your behalf. They also act on behalf of the insurer in collecting premium payments. However, they cannot guarantee any insurer’s insolvency, and as a result, will not be accountable for any losses you may incur as a result.
The insurance Factory can, however, help you with the following:
#1. Car Insurance
The Insurance Factory undertakes the homework by looking into your specific situation. Likewise, they scan the market using a carefully selected panel of leading insurers. And at the same time take pleasure in not only arranging good auto insurance but also in providing exceptional service each and every time.
In addition, customers can select insurance that covers specialized risks such as high-performance and customized automobiles.
What Will Be Included in Your Car Insurance?
With a variety of coverage options, your car insurance policy can also contain a variety of optional add-on products to help you get the most bang for your buck as compared to buying a standard policy.
The optional add-ons include:
- Motor Legal Expenses
- UK/EU breakdown, including Homestart
- Essential Breakdown Cover
- Windscreen Cover
- Excess Protect:
- GAPCoverage:r 2, 3 & 4 Years
- Vehicle Replacement and Theft Protection
- Key Care Cover
- Gadget Cover/Plus
#2. Van Insurance
Since they recognize that your van is more than simply a vehicle, it’s an integral aspect of your company. Insurance Factory takes pride in offering competitively cost van insurance packages that are suited to your individual needs.
They can arrange cover for a range of trades and uses that include:
- Couriers
- Scrap dealers
- Young drivers
- Convicted drivers
- Transportation of fragile and hazardous goods
On the other hand, they can also arrange a number of optional extra products to run with your Van Insurance policy, such as:
- Guaranteed 14-day van replacement
- Instant cover is available
- Excess Protection
- Breakdown, accidental, and tool covers are available
- 14-day like-for-like van hire
- Key care cover
- Gadget cover
However, it’s crucial to note that these are optional and will incur an additional fee. Nevertheless, in the event of an accident, regardless of fault, or a fire or theft claim, every coverage includes a replacement van.
#3. Taxi Insurance
Taxis are much more than a mode of transportation for taxi drivers; they are their livelihood. As a result, your taxi deserves to be covered by specialized taxi insurance. In this case, the Taxi Insurer from Insurance Factory will explore the market for you. And either for a solitary cab or an entire fleet, they can supply insured-only or named-driver coverage. The company’s accessibility to a pool of reputable UK underwriters means they can match you as well as your cab.
However, your Taxi Insurance may include
- Protected No Claims Bonuses are available (subject to acceptance criteria)
- Cover for minibusses, MPVs, and Car
- Cover for private and public hire
- 24-hour claims management service
- Pay in installments
- Mirror NCB from other insurance policies (terms and conditions apply, subject to meeting full acceptance criteria)
- UK-based call center
Motorhome Insurance
You’re insured with the help of their sister company, Motorhome Protect. They recognize that no single insurance policy fits all, and they can assist you in finding the best offer for you.
Understanding Motorhome Insurance
An RV is the ideal choice if you have a bad case of wanderlust. In the meantime, you can make the most of your European seaside excursions with Motorhome Protect Insurance. The comprehensive coverage protects both the vehicle and its belongings, ensuring that your next journey is worry-free.
However, it is important to know that an RV is different from a caravan. Caravans do not have an engine and must be pulled by another vehicle, whereas motorhomes do and can be driven.
Motorhome Insurance coverage can include a number of benefits:
- Unlimited coverage across all the countries that are part of the European Union.
- Cover of camping personal effects for up to £3,0It takes up.
- Up to 6 months to complete a self-restoration.
- Cover for motorhomes with a value of up to £120,000.
- Unlimited mileage coverage
- Introductory NCB is allowed.
- Discounts for club members.
- Consideration of all claims and convictions.
#5. Motor Trade Insurance
Motor Trade Insurance is a type of insurance that protects companies as well as their employees who drive or operate on customer or company-owned automobiles. In other words, Motor Trade Insurance otherwise known as Traders Car Insurance provides comprehensive coverage for persons in the motor trade, such as those who buy or sell automobiles for a living or for a living. However, because the possible coverage is so large, adjustability happens to be one of the most important features of these packages.
Motor Trade Insurance can Provide cover for different risks, such as
- Full-time traders
- Part-time traders
- Road risk
- Collection and delivery cover
- Mechanics
- Valeters
Who needs Motor Trade Insurance?
Generally, if you own a car-washing business, a scrap yard, or a vehicle restoration shop, you may require this form of insurance. Even if you don’t operate a mobile tire-replacement service, you might require insurance. However, the insurance is in place to safeguard your company from any harm done by technicians working on a car.
Motor Trade or trader’s Car insurance cover may, however, include:
- Car dealer at-home policy
- Minder insurance policies include those for trades such as repairers, valeters, repossession agents, and vehicle transporter companies
- Road risk-only cover is available
- Full trader policies for car dealers at premises, as well as vehicle importers and exporters
- Motor Traders aged 25 or over
- Criminal convictions considered
- Cover available for traders specializing in sports, prestige, as well as imported cars
- Combined Traders Insurance can include:
- Buildings Insurance
- Contents and Stock Insurance
- Machinery and Plant cover
- Business equipment, including tools
- Employer’s liability
- Public liability
- Business Interruption
Car Insurance Factory
The Insurance Factory provides a variety of car insurance products to drivers. They can provide third-party, third-party, and comprehensive car insurance as a broker.
Car Insurance Factory’s coverage might include EU driving insurance and personal accident insurance. However, the benefits contained in the policy are determined by which insurer from its panel is offering it. Insurance Factory claims to pay attention to your unique circumstances and needs to personalize insurance to your needs. Meanwhile, if you have a bad claims history or convictions and are having trouble finding Car insurance, Car Insurance Factory may be able to help.
Car Insurance Factory policy details
Generally, Car Insurance Factory provides three types of car insurance for their various customers. This includes:
#1. Third-party
This is The Insurance Factory’s cheapest level of car insurance, as well as the minimum legal requirement for driving on UK roads. Let’s say you’re in an accident. You’ll be protected from harm caused to other people’s cars as well as any injuries they suffer. You and your vehicle, regrettably, will not get coverage.
#2. Third-party, fire, and theft
Third-party, fire, and theft (TPFT) car insurance is available from The Insurance Factory. TPFT insures your car against any possible damage that may arise from fire and theft. This is in addition to providing the minimal level of coverage provided by third-party insurance.
#3. Fully Comprehensive Coverage
Insurance Factory’s third form of car insurance is fully comprehensive coverage. Likewise, this provides all of the benefits of a TPFT policy, but it also ensures both you and your vehicle are covered in the event of any unforeseen occurrence in which you are at fault.
Other Benefits
The Insurance Factory has a variety of automobile insurance policies and types to choose from. Although it is advisable that you review the coverage and benefits provided before purchasing auto insurance. The Insurance Factory’s car insurance frequently includes coverage for driving in the European Union as a standard feature. It may also include a variety of other advantages, such as personal accident insurance.
The Insurance Factory Reviews
The Insurance Factory is a brokerage firm that sells a variety of insurance policies. So, if you’re looking for a broker, check out the below Insurance Factory reviews to see what customers are saying about them. Reviews assist people in finding a reputable insurance broker. Nonetheless, below are a few Insurance Factory reviews:
| Review Sites | Ratings(Stars) | Feedbacks |
REVIEWS.io | 4.8 Stars | Reviews.io has rated Insurance Factory 4.81/5 from 888 customers reviews. At the same time, 97% of the reviewers recommend Insurance Factory Limited. |
| Trustpilot | 4.6 Stars | Trustpilot is a verified review company and has given Insurance Factory a rating of 4.6/5 from 2,918 customers review. |
Google Reviews | 2.1 Stars | Reviews.io has rated Insurance Factory 4.81/5 from 888 customer reviews. At the same time, 97% of the reviewers recommend Insurance Factory Limited. |
| Smart Money People | 4 Stars | Smart money people also rate Insurance Factory 4/5 stars from 67% customer-related feedback |
The world isn’t one-sided, what is facing one might be backing another while what is good for one might be bad for another. People have different opinions. This could make it difficult to take on what people are saying about Insurance factories. However, generalizing based on ratings of the four review sites above, three rate Insurance Factory 4 stars and above from customers’ reviews and feedback. This makes it look like people are saying good things about them.
Conclusion
Generally, driving without insurance is a risk you don’t want to take. Whether, a car, van, taxi, motorhome, or motor trade business, having proper insurance coverage that protects you as well as your property will give you peace of mind knowing you are covered in the event of any unforeseen circumstances. Insurance Factory on the other hand, is an insurance broker that works with a network of top insurers and intermediaries to put up policies
Insurance Factory FAQs
Who underwrites the insurance factory?
Generally, our pet insurance policies are underwritten by LV= and administered by Insurance Factory Ltd.
Can you insure a motorhome for 6 months?
Yes. Motorhome Protect has access to a panel of insurers that specialize in self-build coverage. However, depending on your criteria, they can either arrange a 3- or 6-month window to complete your conversion and get the vehicle re-registered.
Can you transfer from car insurance to van insurance with insurance factory?
Yes, you can definitely transfer from car insurance to van insurance with the insurance factory.
Can I drive a motorhome using my car insurance?
Because motorhomes are not used in the same manner as cars, you must purchase specialty insurance for your motorhome. However, Your motorhome is like a small house, so you will need different coverage than you do for your car
