Taxi Insurance Coventry

Taxi insurance in Coventry is specifically designed to cover the unique risks associated with operating a taxi service. A taxi insurance policy is intended to protect drivers in the event of an accident or other incident, ensuring both the vehicle and the driver are covered while carrying passengers for hire or reward.

The level of cover and the cost of a taxi insurance policy can be influenced by various factors and details, such as driver experience, vehicle type, and coverage options. The insurance typically covers damage to the taxi, third-party injury or property damage, and liability for passengers. Additional cover options may include public liability cover, breakdown cover, and legal expenses to protect drivers and operators against unforeseen costs.

Taxi insurance differs from standard car insurance because it accounts for the commercial use of the vehicle. While regular car insurance covers personal use, taxi insurance provides protection when the vehicle is used to transport passengers for payment.

This means higher levels of cover are often required, including cover for carrying passengers, liability for fare-paying customers, and sometimes coverage for multiple drivers or taxi fleets. Taxi insurance policies also consider the increased risk of accidents due to the nature of the job, such as frequent stops and driving in busy urban areas.

In Coventry, taxi insurance policies there is a range of cover options available, ensuring that every taxi owner can find a policy that fits their specific requirements and budget. These generally include:

• Third Party Only: Covers injury to others and damage to their property but does not cover damage to your taxi.

• Third Party, Fire and Theft: Includes third party cover plus protection if your taxi is stolen or damaged by fire.

• Comprehensive: The highest level of cover, protecting your taxi against damage from accidents, theft, fire, and often includes additional benefits like breakdown cover and legal expenses.

Yes, you can apply for a quote on our callback form.

In Coventry, taxi drivers and operators can choose from several types of taxi insurance to suit their specific needs. The main categories include:

• Private Hire Insurance: This type of insurance covers drivers who operate private hire vehicles, often booked in advance through a licensed operator or app. It provides coverage while the vehicle is carrying passengers for hire but is not hailed on the street.

• Public Hire Insurance: Also known as hackney carriage insurance, this covers taxis that can be hailed on the street or found at taxi ranks. It includes protection for carrying passengers for hire or reward in these public hire vehicles.

• Taxi Fleet Insurance: For businesses or individuals managing multiple taxis, fleet insurance offers coverage for all vehicles under one policy. This simplifies management and may provide cost savings compared to insuring each vehicle separately.

• Chauffeur Insurance: This specialised insurance is designed for drivers who operate luxury vehicles like limousines or chauffeur-driven cars, providing tailored coverage for these types of services.