25 Sep '14, 9am

Why do I need taxi insurance?

Why do I need taxi insurance?

Posted by: Kelly Brown on 25-09-2014 Well, first of all if you’re either a part time mini cab driver or a full time taxi driver it is certain that you need taxi insurance as it is defined by the Road Traffic Act of 1988. Your standard form of vehicle insurance does not cover you and your passengers as a business. Taxis have to be insured for any accident or passenger injury they suffer in the course of your duties as well as their property or third party property. Taxis have to be covered for the “transportation of persons for hire or reward”. There are two types of taxi insurance – public hire, which is where the general public can wave a taxi in and be picked up anywhere, and there is private hire which requires all journeys to be pre-arranged/booked via a taxi firm where you will make a phone call, then the taxi firm will arrange with their available drivers to collect ...

Full article: http://www.insuretaxi.com/2014/09/why-do-i-need-taxi-insu...

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