In the UK today, taxi drivers insurance is as important as earning the money from the job itself. Having regular car insurance is against the law when using the vehicle as a taxi, which makes the cover invalid. Driving without valid insurance can cause massive fines, imprisonment and being stripped of your taxi license.
The reason why having taxi drivers insurance is so important is because the paying passengers need to be fully covered. As they are for a service, the taxi must have public liability insurance which therefore would cover costs incurred if there was an accident and the customer was injured.
There has been too many cases of illegal taxis or improperly insured drivers using the public roads. This causes insurance companies to ramp up their prices as these menaces cause massive problems in accidents. The insurance company has to pay out more than necessary and this has a knock on effect to next year’s premiums.
Having the correct taxi drivers insurance helps ease the mind of the paying customer. It also increases the reputation and enhances the integrity of the driver. Being sufficiently covered is not only legally correct but morally correct too.
Whether it is a fleet of taxis or a single driver, choosing the correct cover is imperative. With police and council crackdowns on uninsured or unlicensed taxis, it is only a matter of time before these drivers are caught and dealt with. Insurance may seem to be a high expense, but weigh the options of having to pay for damage to another motorist’s car, injury to the occupants and not to mention a jail sentence, having insurance makes sense.
In the UK, having taxi drivers insurance is the best way to stay above the law and become a reputable company or employee. The passengers who pay for the service will be pleased to know they are fully covered in the event of an accident. Having happy customers will mean repeat business and that can only mean higher profits. This in turn means the cost of insurance is minimal for the added safety.
|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|