Taxi Fleet Insurance Get Online Quotes in Minutes
Need to compare quotes for covering your taxi singular or multiple ( formally known as hackney carriages )? Cover for 2,3,4,5 or multiple vehicles used for hire and reward can be expensive, so it always pays to shop around. We offer policy online quotes for not only taxis but any private hire vehicle (PHV) also known as minicabs .
Start by selecting the Quick Quote button to compare the market and find the lowest and best minicab policy for your fleet, small or large. Hire for reward premium costs can be reduced by selecting only drivers with a clean record and over 25, these two factors will go a long way in reducing your annual or monthly policy costs. Incidentally annual payments will also reduce the cost of your premium. For more details on hire for reward and private hire best practice please read this governmental document
What Vehicles Can I Include under My Fleet Policy?
Multi auto cover is an ingenious way to bring all your vehicles under one policy saving you considerable time and money, we hope you will be nicely surprised. After you select the quick quote option and complete the online enquiry form your requirements will be distributed to over 20 top specialist insurers that deal exclusively with multiple taxi policies. Sit back and browse through the multitude of discounted cover options that will be sent direct to your inbox, letting you compare all available options and arrive at a policy that covers your business needs fully.
Our panel of fleet insurance experts will do all the hard work for you, we only deal with hire for reward specialists they will not only provide great customer support but some great advice on how to lower premium costs for example adding an immobiliser and tracking devices.
Some Benefits of Choosing Taxi Fleet Insurance
- Many taxis have more than one hire for reward vehicle, multi cover eases the paperwork headache of ensuring separately, saving admin time to get on with running the firm's business.
- You only deal with one underwriter enabling a good relationship to grow over time.
- These types of policies are renowned for their flexibility thus you can tailor the package for your firms particular cover requirements for example making sure that you get breakdown cover would a good starting point and easily achieved for all your minicabs
- Reduced premium is the number one reason, but don't forget other ways to reduce the cost of insurance.
- Dealing exclusively with an industry specialists in this niche market will ensure that you will be getting specialist advice and guidance from the underwriters of your policy.
Importance of the Right Level of Cover for your Reward for Hire vehicles
In the UK, hire for reward autos are crucial to public mobility. This is especially true in cities and towns with large populations, such as London, Manchester, Chelsea, Liverpool and others. Taxi drivers like all drivers need to be vigilant when driving on these busy roads. The drivers have to be aware of other motorists, cyclists and pedestrians to prevent road accidents. However, no matter how careful a minicab driver may be on the road, there is no way to tell when an accident will occur due to the actions of a third party. Sometimes, your employee may be driving safely, following all traffic rules but it is difficult to full account and compensate for the actions of other drivers. Most accidents in UK happen due to speeding, flouting of traffic rules and driving while under the influence of drugs or alcohol.
Taxi Fleet Insurance
One of the best ways to protect your business from losses resulting from thefts, fires or accidents is by purchasing taxi fleet cover. This cover allows you to insure your vehicles collectively rather than having to purchase a policy for each of them.
It is not a must to purchase taxi fleet insurance. If you wish, you can insure your minicabs individually. However, the benefits of multiple taxi cover make it a better option than buying separate covers. For example, you will have an easy way to manage your renewals and claims. Moreover, since you will be purchasing the cover from one provider, you stand to save a lot of money for your “bulk insurance”. You can plough the money you save back into your business.
You should do your research to find a good brokerage to buy a policy from. Some of the things you should consider when searching for a policy include the cost of premiums, extent of cover provided, how long it takes for the company to process claims, the premium.
There are a number of things that a broker or underwriter will consider to determine how much you should pay for your fleet of hire for rewards taxicabs. These include:
i) Amount of cover you need
ii) Age and value of your taxis
iii) Age and experience of your drivers
iv) Top up fault cover
v) Availability and cost of a suitable replacement vehicle
Purchasing protection for multiple taxis used for hire and reward will help you in more ways than just mitigating losses in case of theft, vandalism or accident. The coverage can also safeguard your drivers against rogue customers, crashes and various unforeseen accidents.