Competitive Taxi Insurance
Competitive taxi insurance brought to you by the taxi insurance specialists at Coversure. Whether you need private or public hire insurance, or cover for a taxi, MPV or for an Uber, call 01482 434343 or request a callback.
Taxi Insurance
Backed By ‘Exceptional’ Service
Want to save money on your taxi insurance? Let Coversure, the UK’s leading taxi insurance broker, compare our markets to find you the taxi insurance quote that’s right for you. We can offer cover for all types of cabs including private hire, public hire or Uber taxi insurance. For independent advice and a great value taxi insurance quote, call us today on 01482 434343 or request a callback and let our award-winning team compare the market to help you get cheaper insurance.
Call us today on 0800 977 6037 and let our award-winning team help you.
Call us today on 0800 977 6037 and let our award-winning team help you.
Why choose Coversure for your Taxi Insurance?
Our award-winning team is rated as ‘Exceptional’ by feefo, and with over 50 years of taxi insurance experience, you can rest assured you’re in safe hands. Being independent, we can put your needs first. We’ll get to know your requirements before comparing the market to find you great taxi cover for a great value premium. To find out more, call us free on 01482 434343, or request a callback or get your taxi insurance quote today.
Taxi Insurance backed by ‘Exceptional’ service
Our award-winning team is rated as ‘Exceptional’ by feefo, and with over 50 years of business fleet insurance experience, you can rest assured you’re in safe hands. Being independent, we can put your needs first, and we’ll compare the market to find you great cover for a great value premium.
What is Taxi Insurance?
Taxi insurance is specialist motor insurance designed to meet the needs of drivers who carry passengers for money. Taxi insurance is a flexible policy that can offer cover to all manner of people who carry passengers for money, so-called ‘hire and reward’, including:
Private & Public hire taxis
Private hire drivers
Euro cabs
Uber drivers
Black cab drivers
Chauffeurs
Minibus drivers
What does Taxi Insurance cover?
Taxi insurance from Coversure can be tailored to your needs. In its most basic form, it will give you the cover you need to drive your cab on public roads and carry passengers for money, hire and reward insurance. It can also be extended to provide extra covers such as:
Public liability insurance – so if you are responsible for causing injury or damaging the property of a member of the public and they sue you, you’ll be glad you have public liability insurance in place. It will help with the costs of mounting a defence and paying any compensation. Public liability insurance can also protect you should your passengers suffer a personal injury or damage to their property while either in, entering or leaving your taxi
Motor legal – accidents happen, and you can protect yourself with up to £100,000 of motor legal cover
Protected no-claims bonus
Excess protection – if you’re in an accident with one of the UK’s 1 million uninsured drivers or you’re at fault for an incident, then excess protection will pay your policy excess for you
Breakdown and recovery cover
Unlimited mileage cover
Personal use cover – many taxi policies come with cover for personal use, so-called ‘social, domestic, and pleasure’ use, but not all do
Vehicle type specific cover – over the years the types of vehicles being used as for hire and reward has grown significantly and now covers everything from cars to MPVs and coaches. Make sure your policy covers the type of vehicle(s) you’ll be driving
What to look for in a Taxi Insurance policy?
Every taxi owner’s needs are different, and we’ll take the time to know yours before providing you with a taxi insurance quote.
The flexibility to add and remove drivers and vehicles as you need to
A flexible level of excess – the amount you pay in the event of a claim
An any driver option
Discounts for drivers over 25 or 30 years of age
Uninsured loss recovery insurance up to £100,000
Discounts for additional vehicles
Cover that’s underwritten by major UK insurers and wholesalers – offshore providers can be cheaper, but the risks can be significantly higher
An amount of cover for radios and entertainment equipment
The option to take out taxi fleet insurance if you have 2 or more cabs in need of cover
Call us today on 0182 434343 and let our award-winning team help you
What types of Taxi Insurance are there?
Like car insurance, you can choose from three levels of taxi insurance cover. On top of these, there are two other forms of taxi insurance:
Third Party
This is the minimum legal requirement to drive your vehicles on the road. If an accident is your fault it will pay for the repairs to a third party’s vehicle
Third-party, fire, and theft
In the event of an accident that is your fault it will pay for the repairs to a third-party’s vehicle or if one or more of your vehicles is accidentally damaged or destroyed by fire or stolen
Fully comprehensive
Provides the same cover as third-party, fire, and theft, but if an incident is your fault, then repairs to your vehicle will be covered as well as those of a third-party
Private Hire
Covers you if you drive a taxi that must be pre-booked such as Uber taxi insurance
Public Hire
Covers you if your taxi is available to pre-book or can be stopped on the street, such as black cabs
How much does
Taxi Insurance cost?
At Coversure we don’t believe in one-size-fits-all solutions for our clients. Instead, we’ll get to know your needs and create a package of cover that fits your requirements. What we can say is that your taxi insurance quote will depend on things such as…
Your postcode/where you’ll be operating – inner city locations are likely to cost more
What type of vehicle you’re driving – its size, engine capacity, etc.
The driver(s) age(s)
The number of vehicles you want to insure
Your claims history
Whether you want a named or any driver policy
Your level of no claims bonus
Whether you want to pay monthly or annually – annually will usually prove cheaper
The mileage you do
How to save on Taxi Insurance
We’ve spent years helping drivers save on their taxi insurance premiums. To help you do the same, here are our top tips for saving on taxi insurance quotes:
Shop around – it’s a competitive market, and you’ll need to spend some time looking around if you want the best deal. Better still, get an independent insurance broker like us to do the shopping around for you
Use an insurance broker – using an independent insurance broker such as Coversure means you can get expert advice from a team that has multiple insurer contacts so we can compare the market for you and get you a great deal
Have a named rather than any driver cover
Increase your excess – raising your excess – the amount you pay in case of a claim – can reduce your premium. This is because in the event of a claim, the insurer will have less to pay out, and a higher excess is likely to reduce your claims for more minor incidents. We’ve seen drivers reduce their premiums by up to 10% by going for a higher excess
Securing your vehicles by adding an extra security kit – things like vehicle trackers, interior cams, telematics systems etc., and parking vehicles securely overnight and at weekends can really help reduce your costs
Avoid insuring younger drivers – or if you do need to cover them, limit their mileage or arrange it so they only drive in daylight
Avoid insuring younger drivers – or if you do need to cover them, limit their mileage or arrange it so they only drive in daylight
Get taxi fleet insurance – fleet insurance is an excellent option if you have two or more taxis. It can reduce the cost of cab cover, gives you one renewal date, and gives you the flexibility to add and remove vehicles and drivers as you need to
Training your drivers – a Department of Transport report on driver training has suggested that if drivers had better hazard perception training, it could lead to an 11% reduction in collisions, and fewer collisions can mean fewer claims and lower business fleet insurance premiums
Complete a risk assessment with your broker so they can see where you can save money, by choosing a named-driver policy or fitting a telematics system, for example
How much does Taxi Insurance cost?
At Coversure, we don’t believe in one-size-fits-all solutions for our clients. Instead, we’ll get to know your business’s needs and create a package of cover that fits your requirements. What we can say is that your taxi insurance quote will depend on things such as…
The postcodes you’re working in
The driver’s age
The type and value of the vehicle
How many vehicles/drivers you need cover for
Your claims history
Whether you want a named or any driver policy
Your level of no claims bonus
Whether you want to pay monthly or annually – annually will usually prove cheaper
The mileage you do
Committed to finding you the protection you need
If you’d like some independent advice or an insurance quote, please call us on 01482 434343
Committed to finding you the protection you need
If you’d like some independent advice or an insurance quote, please call us on 01482 434343
Insurance specialists for business, property and motor
Local service – online, by phone, or in person
Help and advice to ensure you’re protected
Frequently Asked Questions
We get asked a lot of questions about taxi insurance, so to make getting the cover you need easier, here are our taxi insurance frequently asked questions and answers. We’ve covered the most important issues here, but if you’d like some independent advice, then please call us free on 01482 434343 or request a callback. Our team of specialists will be happy to talk you through the options to ensure you get the protection that’s right for you.
Yes, it’s designed to protect you, your vehicle, and your passengers while you’re driving for commercial hire. You’ll need a full taxi licence before you can get a policy
18, but you’ll need to be 21 to get cover for a black cab in London and have completed ‘the knowledge’
18, but you’ll need to be 21 to get cover for a black cab in London and have completed ‘the knowledge’
Public hire taxi insurance: Covers taxis that can be hailed on the street or picked up at a taxi rank, and do not need to be pre-booked, whereas private hire taxi insurance covers taxis that must be pre-booked through an operator or app
Yes, we can insure Uber drivers
Yes. Some insurance brokers will insist on drivers having at least a year’s worth of experience, but we can help even new drivers find taxi insurance
If you have two or more cabs in need of cover we can offer you a taxi insurance quote
Getting a quote is easy. Call us today on 01482 434343 and one of the team will be happy to help
