Taxi Insurance
Taxi Insurance
Whether you operate a fleet taxi business or you a single taxi driver, taxi insurance is a critical cover to protect you and your business. From black cabs, uber driver, minicab drivers to chauffer’s, we offer comprehensive covers to safeguard you against risk and liabilities.
We work alongside A-rated insurers to ensure that cover applied to your policy are adequate and appropriate to your individual needs.
Private and Public Hire Insurance
Private hire insurance applies to vehicles that are prebooked by customers and do not display a taxi display sign, unlike public hire taxis which operate from taxi ranks and on the spot on the streets. Private and public hire have different needs and we would advise you speak with a member of our specialist team to obtain appropriate covers.
What covers of Taxi Insurance are there available?
It’s a legal requirement that any vehicle that is driven on UK roads has appropriate insurance cover. Taxi insurance covers include third party cover which will provide cover for third party vehicles only that are damaged by your vehicle. Third party fire and theft which provides cover for damage to third party vehicles and fire and theft. Comprehensive cover providing all the above and includes cover for your own vehicle
Taxi Driver Insurance form Konsileo
Our specialist taxi insurance team are available to offer advise and support your taxi business. Things we can discuss, and offer include (but not limited to);
- Comprehensive, Third-Party Fire & Theft and Third Party Only cover.
- Public Hire, Private Hire, Chauffeur and PSV
- Single, Multi-Vehicle and Fleet Policies
- New and Experienced drivers
- Breakdown Cover
- Public Liability
- Excess Protection and Legal Cover
- Legal Cover Insurance
- Vehicle Cover from 5-17+ seats.
- Adverse claims and convictions assistance
- Introductory Discounts and competitive rates
- Flexible payment option
- A rated, reputable insurers
- Porthole Cover
Why use Konsileo for your Taxi Driver Insurance?
Managing insurance for your taxi business can be complex, partnering with Konsileo you will receive expert insurance services, innovative risk management solutions, and a hassle-free insurance experience tailored to the unique needs of taxi and private hire sector.
Protect your business, properly.
Preferred supplier to Cab Direct
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Frequently Asked Questions
There is no direct difference in Private Hire and Public Hire insurance, they both cover the use of the vehicle for Hire and Reward. The difference between the two is Private Hire is for pre-booked clients only and Public Hire can be hailed on the street or at taxi ranks. Some insurers do prefer Public Hire to Private Hire due to them owning the Taxi Plate.
Premiums vary with different factors, vehicle type, driver age, driver experience, postcode, licensing authority, claims, convictions. It is calculated as a whole and can vary with the slightest change.
Most insurers will offer a policy to new drivers, the market is slightly limited, and the cost will naturally be higher due to the low experience. The insurers will also take into effect claims and convictions but again, this will likely increase the cost.
Insurers will cover app-based companies such as Uber and Bolt but with some, this needs to be declared and, in some instances, will carry an additional premium. Local operators are covered without any extra endorsements needed.
All insurers will allow additional drivers or adding a Spouse to the policy for social, domestic and pleasure use. Most will have a cost, and some are more flexible in the terms than others so if it’s something you are potentially looking to do, it will be best to mention at quote stage. As a broker, I won’t charge any broker fees for additional drivers at the mid-term stage.
We will use our knowledge and expertise to find you the most suitable, competitive policy you require. As there as so many factors that make up the insurance, we will discuss what you need at quote stage. We have products that cover everything available in the Private and Public Hire sector. We will also offer our recommendation to the best policy that suits you. The cheaper insurer may not always be the best so it’s better to go on the advice of a Charted Insurance Broker. We also offer payment instalments (6.61% interest) so we are much more budget friendly.