Insurance for Chauffeurs
When it comes to taxi insurance, chauffeur insurance offers individual insurance policies that will match your business needs.
Each kind of taxi business has its own unique needs and problems, which is why it’s important to find an insurance company that specialises in your kind of business, understanding the rules and regulations as well as the risks that you face.
The Difference Between a Chauffeur and a Private Hire Driver
It is important to understand the difference between a chauffeur and a private hire driver so that you are protected the way you need to be. When it comes to private hire vehicles, your vehicle will need to be registered by the local authority, and you will have to drive with a valid identification badge. The only kind of business you are legally allowed to take are those customers that have pre-booked, as opposed to picking people up from the streets with a public taxi business.
When it comes to a chauffeur you will still need to have all of your journeys pre-booked. However, the main difference lies in the fact that private hire taxis can collect cash and chauffeurs cannot. The work you do as a chauffeur will be pre-paid, though the individual rules will vary according to the area in which you are doing business.
Finding the Right Chauffeur Insurance
Your business depends on things running smoothly, which is why you look for an insurance policy that covers you against any risks that you might encounter as part of everyday business. The good news is that there are a number of insurance companies that understand the exact needs of chauffeur insurance. Your needs really are unique due to the kind of car hire you have on offer.
If you have a fleet of vehicles then you should also find special packages and premiums to cover all of your vehicles at a reduced price, though it’s important to talk through your options with the individual insurance provider.
The Importance of Your Vehicle
As a chauffeur your vehicle is likely to be very important. Chauffeurs often make use of executive vehicles, meaning that they can be more expensive to ensure against traditional risks than normal taxis would be.
Finding the right chauffeur insurance means that you will be protected against any damage to your vehicle. Business must continue in these situations, so many insurance companies will offer a replacement vehicle in the event of an accident. The type of vehicle is going to be important to the reputation of your vehicle, but there are a number of companies that can offer the very best vehicles and limousines for your business.
It is important to make sure that you are covered for all eventualities, as having no vehicle means that you are earning no money!