Insurance Options for Market TradersTo start market trading in Southwark you need third party liability insurance. Here are the three most popular providers with Southwark's market traders.
The council would like you to note that traders are not limited to choosing from these companies. There are many other companies which provide third party liability insurance to market trading.
The third party liability insurance you take out must insure the market stall up to the value of £1,000,000. You will probably also want insurance to cover your products in case of accidents.
Insurance options
Combined Market Traders Insurance Association (CMTIA)
Underwritten by Zurich
Tel: 020 8554 5273
£47 per year
This covers you for public liability insurance up to £5,000,000.
This also covers your products up to £5,000,000 but not second hand products.
You can use this policy for one stall a day in any location in Europe.
No excess.
Pay by cheque, postal order, debit or credit card (there is a £1.50 charge to do this) or by calling
020 8554 5273.
The policy will be faxed straight away to you.
National Market Traders Federation (NMTF)
Marketsure
Tel: 08457 221100
£66 per year
This covers you for public liability insurance up to £5,000,000.
This also covers your products up to £5,000,000 and employer liability up to £10,000,000.
No excess.
You can pay by cheque, postal order, debit or credit card or by calling 08457 221100.
Southwark Association of Street Traders (SAST)
Underwritten by Lloyds
£50 per year
This covers you for public liability insurance for up to £2,000,000.
This also covers your products for £2,000,000.
£1000 excess.
You can pay by cash or cheque.
To make a payment, speak to Mr Wallington on pitch 139 East Street Market. Mr Wallington is a licensed trader on East Street and usually works Tuesdays, Thursdays, Fridays, Saturdays and Sundays.
Contact us
Street trading
Tel: 020 7525 6000
streettrading@southwark.gov.uk
Markets office
SAST House
Dawes Street
London
SE17 1EL |