Taxi insurance is vital for all taxi drivers to protect not only themselves but also their passengers. However, it’s also incredibly specialised, and there are a number of things that a taxi insurance company will need to look at before you’ll be given taxi insurance UK. One of these things is your claims history.
As with all motor insurance quotes, taxi insurance in UK quotes will be largely dependent upon your claims history. As such, all taxi insurance companies will ask for your claims history before they can give you an accurate quote.
This is because taxi insurance companies need to be aware of their risk in insuring you, as they don’t want to lose money by paying out for too many claims. As such, the price of your policy will vary accordingly – if you haven’t had a claim in the last 5 years, for example, your premiums will be lower than if you have had a claim.
It’s a legal requirement to keep track of your claims history to enable you to get an accurate quote. If you give the wrong information you could also get a criminal record, so if you’re unsure of your previous claims make sure to find out by any means necessary before you get taxi insurance in UK. Go through your own records or, if needed, contact your insurer to double check.
The amount that you’ll be penalised for your previous claims varies greatly between insurance companies, so if you have had a claim it’s worth doing your research to find the best quotes for your taxi insurance in UK. It’s also worth looking for an insurance company that only looks at your claims history in the last 3 years, for example, as many insurers vary in the length of time that they check.
Getting the best taxi insurance in UK depends on a number of points, and your claims history is just one of them. Bear in mind the effect that your claims history can have on your premiums, and always shop around to find the best deal.
|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|