Taxi driver insurance is specialized because as a taxi driver, you become explicitly responsible for the safety of passengers. It is important to get commercial taxi driver insurance that covers your vehicle against damage and theft, as well personal injury to you and your customers. Taxi driver insurance should also include a business interruption policy, because if your car is the only way that you earn money, and it breaks down, your income is at stake.
There are several requirements you have to meet to purchase a taxi driver insurance policy. You must be aged between 25 and 65, and you cannot have any convictions for vehicular manslaughter, possession of weapons or drug and alcohol problems. If you are eligible for taxi driver insurance, there are various ways you can find savings and get discounts to make your coverage more affordable. An agent in the Skyscraper insurance specializing in commercial auto insurance can help you compare taxi driver insurance quotes and make sure you get the right coverage for your needs. Contact a local member agent for quotes and assistance today.
Can You Use Your Personal Car as a Taxi?
Yes, you can use your own car or van and become licensed as a taxi driver. If you own a vehicle that you want to use as a taxi, there are a few things you need to do to make it official.
Of course, to be a legitimate business that is safe from major financial trouble due to liability lawsuits or personal injury claims, you must have taxi driver insurance. Finding the right policy that covers your risks and aligns with your budget can be tricky, so make sure you contact a local Trusted Choice member agent for assistance.
Earning a fare is hard work. Keep your business in the fast lane with taxi driver insurance from Bankers. We understand the challenges of running a successful taxi service.Since we are an independent insurance agency, we represent many taxi driver insurance companies. We deliver quality coverage that fits your budget. In addition, we provide our clients many business tools and resources to help them run smoothly, lessen risk, and drive success.
Taxi driver insurance is a type of for-hire livery coverage designed to protect taxi drivers, their vehicles and passengers. Taxi services differ from limo, black car and ride sharing businesses because their fares and pickup locations are often random and unscheduled, and they don’t use luxury vehicles. This creates a different type of insurance risk.