Insurance options for market traders
Insurance options for market traders
To 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
Underwritten by Zurich
- £47 per year
- Covers you for public liability insurance up to £5,000,000
- 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
Underwritten by Marketsure
- £66 per year
- Covers you for public liability insurance up to £5,000,000
- 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
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.
Southwark Council markets
Address: PO Box 65429
London
SE1 5LX
Tel: 020 7525 6000
