Is taxi insurance expensive?

It can depend on several increased risks associated with driving a taxi, such as higher mileage, more time spent on the road, and the responsibility of carrying passengers.
These factors contribute to a higher taxi insurance cost. However, there are ways to potentially reduce these expenses.
Do I need private or public hire insurance?
Private hire insurance
Private hire taxi insurance is a specific insurance type covering vehicles used as private hire taxis, which must be pre-booked.
Private hire vehicles are usually minicab-type vehicles that can’t be hailed at a taxi rank or on the street. They can only be booked in advance.
Public hire taxi insurance
Public hire vehicles, on the other hand, are black cabs and other types of vehicles that are licensed by the council to pick up fares on the street and at taxi ranks.
What do I need to get a quote?
Getting a taxi insurance quote with us is quick and easy. Simply provide some details, and we'll handle the rest. Here's what you'll need to share:
1. Details about your taxi
Include information such as the vehicle's registration number, current market value, mileage, and the date and place of purchase.
2. Modifications and security features
Specify if your taxi has any disability adaptations, CCTV or a dashcam, Thatcham-approved security measures, and a functioning meter.
3. Your taxi usage
Let us know whether you operate as a private or public hire, your licensing authority, annual mileage, passenger capacity, and whether you accept cash payments.
Annual policies offer comprehensive coverage, including public liability insurance and legal cover, which are important for professional drivers.
To arrange a no obligation taxi insurance quote please call our team on 0192 645 4929 today, or complete the request a call back form and we’ll call you at a time that’s convenient for you.