What is private hire vehicle insurance?
When you’re looking for private hire insurance online, it’s important to know exactly what it is you’re looking for. There are many types of cover that you can get with private hire insurance, such as Uber driver insurance and other specialised coverage.
Private hire vehicle insurance is a type of commercial vehicle insurance designed specifically for vehicles that are used for pre-booked transportation services. This type of insurance is mandatory for drivers who operate private hire vehicles, such as minicabs and chauffeur services, and it provides coverage tailored to the risks associated with transporting passengers for a fee.
The reason that private hire insurance is so important is that not only are you required by law to have it, but it is not possible to run a business without it.
The dangers that private hire taxi drivers face on the roads are too great to leave things to chance. Not only do taxi drivers have to worry about other road users and the danger that they pose, but also the risks that come from passengers too. A good private hire insurance policy will provide cover for all the risks that a taxi driver may face including:
- Legal requirement Operating a private hire vehicle without the appropriate insurance is illegal and can result in hefty fines and penalties.
- Financial protection Provides financial coverage in case of accidents, theft, or damage, safeguarding your livelihood.
- Passenger safety Ensures that passengers are covered in the event of an accident, enhancing trust and reliability in your services
How is the cost of private hire taxi insurance determined
The cost of a private hire policy will depend on a few different factors. Firstly will be the age, driving experience and claims history of the driver themselves. Next will be the value of the vehicle being driven and its current condition. Lastly will be the number of vehicles being insured on the policy.
Often private taxi operators will get all their vehicles insured under the same policy – taxi fleet insurance – to save money and make paperwork easier.
Getting Your Private Hire Taxi Insurance Quote
To obtain your private hire taxi insurance quote, please follow these three straightforward steps:
Get Private Hire Insurance Quotes Today
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Private Hire Insurance Cover Options
What the experts say…
"As a taxi driver, you may have equipment in your vehicle that is specifically designed for your business, such as a taxi meter or two-way radio. Specialist taxi insurance policies can provide cover for this equipment, ensuring that it is protected against damage or theft."
– Ian Beevis, Founder of Clean Green Compare
Related Insurance
Additional Cover Options
Additional cover options available include the following
Why compare private hire taxi insurance?
Some of the benefits of comparing private hire taxi insurance include
Ready to get covered?
Get Private Hire Insurance Quotes Today
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Money saving tips for your Private Hire insurance
There are several ways to reduce the cost of your private hire taxi insurance, such as paying for your policy upfront, having somewhere secure to park your taxi when you’re not using it and increasing the excess. r private hire taxi insurance. Below are three of the best:
Private Hire Insurance FAQs
Do I need private hire insurance to drive a taxi?
Yes. Getting the correct type of taxi insurance as a taxi driver is essential. A regular car insurance policy isn’t good enough when you’re using your vehicle for hire or reward
What are the most important types of private hire insurance cover?
The most important cover for a private hire taxi is road risks. Having this is essential and will make your taxi road legal. Other important types of private hire taxi cover that you should seriously consider include public liability insurance
, personal injury, loss of licence and breakdown assistance.
How much will my private hire taxi insurance cost?
The cost of a private hire taxi insurance policy will depend on a few different factors. Insurance providers will take the following into account when coming up with a price – the value of your vehicle, your driving history, your age, your taxi driving experience and the level of cover you take out.
Does private hire taxi insurance include public liability cover?
While public liability cover is not legally required, it is typically a good idea to take it. Generally, it is an optional extra, but many insurers recommend getting it anyway. It protects the driver against claims made by passengers and pays for the cost of any injuries that occur. You may also want to consider employers’ liability insurance, which will provide you with the same kind of coverage as public liability. This can help you avoid legal problems and protect your business. You can obtain a quote for taxi insurance by visiting Clean Green Compare online. You will need to know the area you work in so you can compare the different policies. Some policies do not cover work outside of their area, and others offer only partial coverage. Typically, the level of cover that you need for your business will depend on what type of vehicle you have and where you are operating. For example, some policies only offer full-coverage if you work in certain areas.
Is private hire insurance cheaper than public hire insurance?
In general private hire insurance is cheaper than public hire insurance since the risks associated with driving a private hire taxi are lower.
How will I get my private hire insurance documents?
In most cases your private hire taxi insurance documents will be sent to you via email and in the post.
Does it make a difference to my private hire insurance which Plating Authority I operate under?
Insurance providers provide a quotation based on numerous factors which can include the area you operate in. Some the plating authorities are as follows: Brighton & Hove, Southampton, Bristol, Reigate and Banstead, Plymouth, Middlesborough, Kingston-upon-hull, Knowsley, South Gloucester, Peterborough, Crawley, Tameside, Huntingdon, Milton Keynes, Cardiff, Doncaster, Newport, Blackpool, Aylesbury Vale, Rotherham, Calderdale, Edinburgh, Sefton, Glasgow City, Stockport, Kirklees, Walsall, Durham, Trafford, South Tyneside, Wirrall, Warrington, Oldham, Newcastle Upon Tyne, Sheffield, Sandwell, Leicester, Wigan, Leeds, Stoke On Trent, Hackney, Blackburn With Darwen, Bolton, Rochdale
