Can a 17 year old get motor trader insurance?

October 29, 2016 · Posted in FAQ 
motor insurance
philip l asked:

Im 17, with a full license and I’m interested in buying and selling cars. But would a company give me motor trader insurance? And do you know the name of any of the companys that would?

Any help would be appreciated

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No Responses to “Can a 17 year old get motor trader insurance?”

  1. mbrcatz17 on May 19th, 2010 1:29 am

    Well, likely you won’t be able to get the business license from the state, but even if you could, you’re not bondable at 17 (and you need a bond to do this). The insurance is the least of it, but motor trader insurance is EXTREMELY expensive, so if you’re in a position to afford it, you can afford to start a shill corporation, and run all the paperwork through the corp to hide your age. Your attorney can help you out with it.

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