Can I get car insurance for taxi driving?
Being a taxi driver has much higher risks associated with it than being the typical car user, and as such a different level of insurance is required. Although technically it still car insurance for taxi driving, cab or taxi insurance offers much more protection and is specifically designed to cover cabbies.
Car insurance for taxi driving is available with three different levels of cover, the same as standard motor insurance: third party; third party, fire and theft; and comprehensive. The latter is the most expensive level of insurance but it offers the greatest protection.
As a taxi driver you need to understand the risks involved with being out on the road with passengers for a long period of time. The more you are on the road, the higher the risk of something happening, whether that be a road traffic accident or someone stealing the vehicle.
These enhanced risks mean that you need certain things to be included into your car insurance for taxi’s such as public liability insurance, which protects you against claims from members of the public; and business insurance. Running a taxi service means that you have a business, and without this business, your livelihood could be compromised, so how you would cope financially without it?
If your taxi is taken off the road because it needs costly repairs, without insurance you could be stuck and unable to pay it. This would put a stop to your business, at least temporarily, and you would need to find alternative income. With taxi insurance, the insurer will pay for the cost of the repair, and could even reimburse you for a loss of income.
It is always a good idea to get comprehensive cover, even if not legally required, to ensure that you are never stuck in a difficult situation. Car insurance for taxi’s can help protect you against the risks o being a taxi driver.
To start looking for car insurance for taxiing quotes, get online and check out online price comparison tools, or contact a reputable insurance broker. Remember that the cheapest quote may not be the most effective.