If you’re a private hire (minicab) taxi driver, it’s important that you have the right level of insurance to make sure that you, your passengers and vehicle are all protected. As a taxi driver, you are covering far greater distances than most average road users and probably spend a lot of time driving around towns and cities, which can increase the chance of an accident.
Put simply, private hire taxis or minicabs are pre-booked either by phone, email or in the booking office and cannot be flagged down by customers. This can include:
Public hire vehicles or Hackney carriages are licensed to be either pre-booked, pick up customers from a taxi rank or be hailed on the street. Some of the most famous examples of a public hire vehicle are London’s black cabs.
Having the right level of cover will ensure you can get on with your day-to-day work, safe in the knowledge that you are protected. Having a comprehensive insurance policy covers you for third party liability (including your passengers) and will protect you financially against fire and theft. As a Minicab driver, you are usually required to take out insurance every 12 months unless this has been agreed otherwise with your insurers.
Not having the right level of insurance in place means you might not be legally covered to operate a taxi or operate as a taxi driver. Remember, ordinary car insurance will not cover you to drive a taxi for hire and reward, so you must have specific private hire cover. Not having the correct insurance could lead to your policy being voided or cancelled and leave you exposed to costs if:
You can also be put at risk of:
Staveley Head is here to help you get the right insurance for your needs at the right price. You can do this by calling our specialist taxi insurance team on 0800 023 7213 or by getting an online quote.