Quote Now
You are here: Home / Archives for insurance for taxis

Obtaining Insurance for a Taxi is Becoming Easier

January 3, 2011 By

Having insurance for a taxi not only keeps within the law, but the paying customers know that in the event of any accident, the costs of medical and or absence from work will be covered. In many countries, it is compulsory to have vehicle insurance. UK taxis are legally required to be insured, whether it be Hackney cabs, which can be hired from the street or private hire ones, which need to be booked in advance.

Paying for insurance for a taxi can either be done through an agent, a broker or in the UK you can place a security deposit with the Accountant General of the Supreme Court. The latter is a figure, as of 1991, was GBP 500,000 and would be held in case of accidents or personal injury using a motor vehicle. This was put into place after the amended Road Traffic Act 1988, which stated every person driving a vehicle must have current insurance for a taxi.

It is an offence to drive without taxi insurance. As paying customers utilize the service offered, it is for both parties, the driver and the customer to be covered by insurance. This in turn helps maximize taxi drivers’ integrity and minimize the customer’s worry.

Without correct and current insurance, taxi drivers can have their license revoked. If an uninsured taxi driver were to have an accident they would be liable for the cost of damages to both vehicles and any injuries to humans. This is why buying insurance for a taxi is so vital.

Not only is it against the law to drive without insurance, it is also mandatory for obtaining and keeping a taxi license. There are strict guidelines for drivers to follow and one definitely is to be correctly insured.

Buying insurance for a taxi is simple. Drivers can purchase online, over the telephone or using a comparison website which compares prices of many legitimate insurance companies or brokers. Drivers must make sure they choose the correct policy for their usage. Sometimes the cheapest one is not always the best.

Insurer Outstanding Features Quote
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

Filed Under: Taxi Insurance Articles and News Tagged With: ,

Insurance for Taxis

February 2, 2010 By

Insurance for taxis is vital to consider for all taxi drivers. You need to make sure that you’re completely covered, and as such it’s important that you get the best policy possible. Many taxi drivers prefer to go through insurance brokers to make sure they get the best deal, and here are just a few reasons why.

By going through a broker to get insurance for taxis you’re getting advice as well as cover. They’ll be trained in insuring taxis as well as other types of private hire vehicle so will know exactly what you’re looking for, and will be able to use this knowledge to find the best deal for you. Insurance brokers will easily be able to compare several policies to make sure you’re getting the best cover, which can be invaluable with the current lack of taxi insurance comparison sites available. Although there are a few, they won’t give you the same number of results or quotes that you’ll often be able to find if you go directly through a broker.

When looking for insurance for taxis you want to be able to make your decision as quickly as possible, because when driving a private hire vehicle time is money. By going through an insurance broker you’ll be able to save a great deal of time as they’ll do all the searching for you. Insurance brokers will also usually be able to get you the best deal for your insurance for taxis, as they’ll be able to search through a huge selection of companies and quotes to find you the best rates for your cover.

As you can see, there are a number of advantages to using an insurance broker to find insurance for taxis. They can give you advice and will usually be able to find you the best deal, and best of all they do all the hard work for you. The only downside is that they will often charge for the privilege, but this is a small price to pay for the amount of time and money you’re sure to save.

Insurer Outstanding Features Quote
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

Filed Under: Taxi Insurance Articles and News Tagged With: