Searching for the best online taxi insurance quotes can often be difficult, largely thanks to the huge selection of companies out there. And, as with anything, everyone’s always looking to get the best deal. Online taxi insurance quotes are the best way to do this as you’ll be able to find a great selection of quotes, all with different levels of cover so you can get the best one for you
However, as with insurers of all kinds, you’ll often find that your postcode can affect the price that you’re offered. Getting online taxi insurance quotes will be no exception and they’ll always have to take your postcode into account before they can offer you a potential price
But why should your postcode affect your online taxi insurance quotes? Well, UK insurers use what’s called a postcode rating system, which is used to determine the safety of the neighbourhood in which you live. The safer your neighbourhood is the safer your taxi is too, and your online taxi insurance quotes will reflect this
UK postcodes are rated on a scale of A to F, with A being deemed as a good postcode and therefore low risk, and F as a bad postcode or high risk. The worse your postcode and the higher the level of risk, the higher your insurance premiums will be. This is because if your postcode is worse your taxi is perceived to be more likely to be stolen or damaged, so your insurance company needs to prepare for that risk
You may wonder why this is the case, particularly with taxis as they’re likely to be away from your home for a certain length of time, or even at the fleet headquarters in some cases. But, your permanent residence still needs to be taken into account to ensure that it’s sufficiently covered at all times
As you can see, online taxi insurance quotes are greatly affected by your postcode. It’s always a good idea to speak directly with your insurance company to see how your postcode will affect you so you can get the best online taxi insurance quotes possible.
|Private and public hire vehicles single or fleet cover, Bonus earning schemes available, 3, 6 and 12 month policies, Flexible Payment Options, Cover available nationwide, Minibuses, MPV and coach cover. £100 cashback or free breakdown for new customers! Terms and Conditions may apply.||Freephone Quoteline 0800 466 1989|