Black Cab Taxi Insurance
Insurance for Black Taxis
When it comes to finding the right insurance for your black cab, there are a number of insurance brokers specialising in this kind of taxi.
If you are operating a black cab in London then you will have different needs to other taxi drivers operating in other areas of the country. Not only is this one of the busiest areas for your taxi business, but London also poses its own unique risks when it comes to damage or theft of your vehicle. This is why some insurance brokers do not offer this kind of insurance at all.
Meeting Your Insurance Needs
The good news is that there are now a growing number of insurance brokers that solely deal with London black cabs. They offer insurance for public hire taxis and are usually a convenient option for those living and working in the city. In general you will find offices located all around London, ready to help you with your queries. They will also advise you depending upon the general areas in which you operate your black cab taxi business.
As well as those services specialising in insuring your taxi themselves, you will also find companies who specialise in comparing black cab taxi insurance premiums and finding the right policy to suit your business.
Comparing quotes is a vital aspect of any taxi business. When it comes to black cabs, there is huge competition, so making savings in areas such as insurance can really help your business thrive.
What Could Black Cab Insurance Cover?
The first thing you should look for, if you are running a black cab taxi service in London, is that your insurance provider includes London under their areas of coverage. Some insurance companies will not make their policies available to those who are working in cities deemed to be high risk.
When it comes to the insurance policy itself, make sure that you are covered against all likely risks to your vehicle and your business. If you are not, then time off the road will mean money down the drain! Some of the main risks to black cabs include:
- Risk of damage by your customers to your cab (which third party insurance will cover),
- Risk of fire and theft, where coverage of which will usually be added to all black cab insurance policies.
As well as general coverage you should look for, any good black cab taxi insurance service should be available through a wide number of methods, including email, phone and their office, in order to answer your questions and help you to deal with claims as quickly and as easily as possible. Finding a suitable insurance company means that your business will be well-protected and taken care of at all times.