Be careful of a motor trader's policy.
Like Matt I do a little motor trading and have a trader's policy. A few years ago I needed to make a claim and the first thing they asked for was evidence I was actually trading. Not an issue as I do it properly through a vat registered business, but it would have been messy if I was just using it for cheap insurance.
The current MID requirements make it a lot easier for them to see what you're doing as well.
Incidentally our karting van is insured separately through David Auden and Associates as other people sometimes drive it and that was the cheapest option. Just over £300 a year.
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