With more than 40 years’ experience providing insurance for taxis, at Davies Craddock Insurance we understand the factors associated with the day to day life of a taxi driver, which can make the process of securing the right protection confusing. Our specialist team at Davies Craddock Insurance can help you choose the policy for your business.
What is taxi Insurance?
Taxi driving usually involves covering higher mileage than a standard car, during unsociable hours in built up areas, meaning the risks associated with taxi drivers are completely different with a standard driver. Taxi insurance is designed to cover vehicles used as a taxi, including private and public hire cars. Whether you are a full time or part time taxi driver, this type of insurance will make sure you are protected.
What are the options?
Taxi driver insurance options start off with the basics of standard covers for private cars: –
Due to the nature of the taxi driver role win dealing with the general public, we would strongly recommend public liability insurance as an add on, which can help to protect you if someone is injured while in your care. It is not a legal requirement, however having this extra cover ca prove invaluable.
Other elements to consider is the type of taxi service do you provide, Public hire taxis or Private hire taxis.
Public Hire Taxis – These are vehicles that can be hailed down by customers on the street with no pre booking. The Taxi sign is clearly displayed, only public hire taxi insurance will cover you to pick up without booking.
Private Hire Taxis – These are vehicles that are pre booked in advance, includes mini cabs, people carriers, Uber drivers, etc. This type of cover is purely for bookings not for any form of pickups, like trains stations or taxi ranks.
Your vehicle is effectively your business; therefore, you should also consider these other add ons as part of your policy:
- Breakdown Cover – Cover in case you breakdown
- Personal accident cover – Protecting your finances if you get injured and unable to work
- Vehicle replacement – Having access to other vehicles if your car is out of bounds due to an accident.
Want a quote?
Davies Craddock Insurance have developed excellent relationships with major insurers and specialist insurers in the taxi market, by getting to know your business, and the way it operates, we can provide you with market leading prices with the right cover for your needs.
Get in touch today and let us do the hard work for you.