It's mainly because Equity Red Star who used to underwright the majority of the Motor Trade Policy's have pulled out of the market recently due to sustaining some pretty large losses. As a result all of the cheaper policy's have vanished and there's now very little competition in the Motor Trade Section.
As a result of this my premium this year has nearly doubled

. The cheapest policy I've found is actually underwritten by Aviva and has the most sensible excess of £250 where all the other firms seem to want between £500 & £750 for the excess.
Not good times for the Motor Trade at the minute
