Taxi insurance is a specialist insurance policy designed to cover you and your vehicle. As a taxi driver your car is essentially your business and so comprehensive insurance is crucial in order to protect your livelihood.
Taxi driving usually involves covering a far higher mileage than a standard car driver, often at unsociable hours and in built-up areas. This increases the risk of an accident and therefore it is hugely important that you are properly covered.
Standard car insurance will not cover you if you want to use your vehicle as a taxi so it is vital that you have the correct insurance for you in order to ensure that you are protected. This is determined by a number of factors:
Taxi insurance includes motor insurance and passenger liability insurance as standard in every policy. This ensures that you and your passengers are protected should anything happen whilst you are working. There are also a range of options you can add to your policy to create bespoke cover that suits your needs, including:
Taxi insurance policies do not usually cover:
Taxi drivers who regularly take children to school are liable legally for the child until care has been handed over to the school. This means that whilst the child is in your vehicle, or even during the short period of time during which they leave the vehicle and until you see them safely through the school gates, you are liable for their safety. If the child were to be hit by a car whilst crossing a road after getting out of your vehicle, you may be liable for that particular accident.
Public liability taxi insurance protects you and your business from any unforeseen circumstances or accidents, involving passengers in your care. It is therefore required if you deal with council or local authority contracts in order to protect yourself and your business in the event of an accident involving your passenger. (Note that standard motor-trade or taxi insurance will not protect you legally if you regularly take young children to school.)
This is a marketing article by Towergate Insurance.
Our taxi insurance policies can be tailored to suit your needs and we cover hire and reward vehicles including chauffeurs cars, hatchbacks, minibuses, and limousines. There are a series of options for drivers of single taxis or those with fleets, to ensure you have the right cover in place within a single policy.
Passenger liability is included as standard on our taxi insurance policies, so you can be safe in the knowledge that you are protected should a passenger be injured whilst they are in your vehicle, or whilst entering or exiting your vehicle.
Call for a quote on 01903 875420 or request a quote online. Alternatively, read more about our taxi insurance and what we cover.
Chris North FCII is a respected industry leader with over 40 years' experience, who has worked in the insurance industry in a variety of roles, accumulating a wealth of knowledge. He is currently Technical Manager for Towergate's motor division, providing expertise on all matters relating to motor fleet insurance, in particular haulage and self-drive hire fleets.
Date: January 22, 2018
Category: Commercial Vehicle