What is taxi fleet insurance?
Taxi fleet insurance covers two or more licensed hackney carriage or private hire vehicles under one motor policy. It is written for taxi and private hire firms running plated vehicles shared by badged drivers, with the fleet rated as one risk.
- From 2 plated vehicles upwards
- Hackney carriage and private hire use both covered
- Any-driver among badge holders or named drivers
- Public liability usually arranged alongside
Who taxi fleet cover suits
Fleet cover fits operators running multiple plated vehicles, whether the firm owns the cars or the drivers do.
- Taxi firms running hackney carriage and private hire saloons
- Private hire and minicab operators with branded fleets
- Executive and chauffeur car companies
- Airport and long-distance transfer operators
- Firms where drivers supply their own vehicle under the operator's licence
What taxi fleet underwriters ask about
Taxi risks are underwritten closely, and accurate answers at quote stage avoid problems later.
- The licensing authority and the type of licences held: hackney carriage, private hire or both
- Driver ages, licence history, taxi badges and endorsements
- Whether driving is any-driver among badge holders or restricted to named drivers
- The work mix: local ranks, pre-booked private hire, airport and school contracts
- Annual mileage per vehicle and the hours operated
- Where vehicles are kept overnight and the security fitted
Cover taxi fleets commonly add
The motor policy is only the start for a working taxi fleet. These are the extensions operators most often arrange alongside it.
- Public liability cover for passengers, arranged to meet licensing authority requirements
- Legal expenses and uninsured loss recovery
- Replacement vehicle cover to keep plated cars earning after a claim
- Windscreen and glass cover, which sees heavy use on taxi work
- Breakdown recovery with a replacement vehicle element
Why choose Fleet Cover UK?
One policy, one renewal and a specialist who takes time to understand your business. The team at Broker Zone can discuss your vehicles, drivers and requirements, explain suitable options and help you decide on the next step.
Insurance services are provided by Broker Zone Ltd, an appointed representative of Gauntlet Risk Management Ltd. Cover is subject to insurer acceptance, terms, conditions and exclusions.