Taxi insurance - What should I expect out of it?

by Guest » Tue Jul 27, 2010 11:18 am
Guest

Hi, I'm a taxi owner and I'm looking for coverage to protect my taxi. Do I look for the usual car insurance type? What should I expect from a carrier?

Total Comments: 6

Posted: Tue Jul 27, 2010 11:30 am Post Subject:

Depends on where you live or where the taxi will be operated.

Posted: Tue Jul 27, 2010 12:38 pm Post Subject:

You would certainly NOT want a "personal auto policy", as that would not cover the commercial use of your vehicle.

As a taxi, your vehicle is involved in the provision of "livery" services to the public. At a minimum, you probably need a commercial auto policy, and there may be minimum limits of liability imposed by any of the authorities under whose jurisdiction your taxi is operated.

Posted: Wed Jul 28, 2010 12:19 pm Post Subject:

There are quite a few comprehensive coverage options available for taxis. Make sure you understand the various aspects of such coverage. Damages & third-party liabilities concerning your taxi are covered.

Posted: Thu Jul 29, 2010 10:22 am Post Subject:

I've read about fleet discounts on Taxi insurance. I think it's great for all taxi owners. If you come across such offers, it would definitely save on your future insurance costs.

Posted: Fri Jul 30, 2010 09:26 am Post Subject:

Now-a-days, you'll come across quite a few taxi insurance companies. Apart from the cost, you'll need to make sure that you can follow their terms and conditions. Ultimately, it's gonnabe your choice and you're the one who's gonna benefit if you choose the right carrier for you.

Posted: Sat Jul 31, 2010 02:01 pm Post Subject:

See, there are a lot of ways you may achieve a lower premium. The best way to achieve a discount is through a clean driving record. You might even see through a 50% discount at that.

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