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What Private Hire Taxi Insurance Prevents

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Bans, Fines and Points

If you are a taxi driver without private hire insurance, then you could be putting yourself at risk of a driving ban, penalty points and fines. Driving without insurance is dangerous for both you as a driver and your passengers too – your taxi is your business and it should therefore be treated as such, as otherwise you could end up unable to get out on the road and earn.

What is Private Hire Taxi Insurance?

If you have a private hire taxi, then you run your business based on the principle that a passenger has to pre-book you or ‘privately’ arrange for you to pick them up. You can’t be flagged down on the street, so you require a different type of insurance to a public hire taxi.

Picking up fares without a booking could land you in serious trouble, likewise if you don’t have a private hire license and you use your own car as a private hire vehicle, or allow it to be used by other drivers, you could end land in hot water.

So it is important to do things properly, such as arranging appropriate insurance so that if you are pulled over then you are protecting yourself and your passengers.

What does it cover?

Taking out a private hire taxi insurance policy, you will be covered in the event that anything should happen to your cab. This means that you don’t need to worry about taking care of any claims as your insurer will handle this all for you, with your legal expenses covered and meaning you can get back on the road again sooner.

Your taxi is your livelihood so you don’t want to be wasting valuable time sorting things when you could be out there earning, plus without an insurance policy you will be more out of pocket paying for damages, fixes and maybe even compensation. You will also probably be given the option of ‘adding on’ fleet insurance for more than one cab, breakdown cover and much more.

How to get cover…

These days there are a variety of ways to get cover:

1) You can find a suitable insurer’s shop and call in to have a chat with a broker right there and then.

2) You can give them a call to discuss over the phone what you’re looking for, your budget and your options.

3) You can request a quote for private hire taxi insurance online. Simply enter all of your details online and you will receive either a call back from a broker or get a quote immediately online.


by David Hambridge