Owning or managing a taxi firm can come with a whole host of responsibilities. You not only need to ensure that your business remains profitable, but you also need to make sure that all of your drivers are operating legally. Having fleet taxi insurance is therefore just one of these essential obligations, and if you want to protect your interests (and those of your drivers) you need to make sure that you are completely covered.
Suitable fleet insurance should cover every single one of your drivers. It’s there to provide cover in the event of any accident or injury that could occur when they’re on the road, and failing to have it in place could lead to severe consequences for both yourself as well as your fleet members. If you don’t have adequate insurance then any costs of an accident will be payable by yourselves, and then you have to think about all the legal implications involved.
That’s why having this type of insurance is so important, as it’s there to provide complete cover for anything that could happen. You need to make sure that third party, fire and theft is always on the cards, and public liability should ideally be included as well to provide additional security. Legal and medical expenses cover would be another important aspect to consider, particularly as you’re working with the public, as would courtesy taxi cover so you’re not missing out on any profits should a cab be off the road.
Make sure to go for the highest level of cover that you can afford.
However, price will always be an issue, and that’s why it’s even more important to do your research. You need to carefully consider what each available policy can offer, and if you can find one that can provide what you need at a price you can afford then you’ve found the one for you. Remember the importance of comparisons, and once you’ve found fleet taxi insurance that suits you’ll be able to set your fleet to work in confidence.
Why not get a quote online and see if you can save.