Why Compare Taxi Insurance Companies with Plan Insurance Brokers?
Plan is a specialist Taxi Insurance Broker. We have over 25 years of experience expertly sourcing taxi insurance from leading insurers at competitive premiums and professionally tailoring them to your business needs.
Our highly trained staff are dedicated to getting to know your business as well as you do so we can fully assess all the risks you may face and create a bespoke policy to suit your needs. Many Private Hire Insurance Brokers will adopt a ‘one policy fits all’ approach. We know that each business and each driver is different and your insurance should reflect this.
The team is available to talk via email or over the phone and will keep you fully informed through everything from taking out your policy, renewing it and even managing your claim if an incident should occur.
Who is the cheapest for taxi insurance company?
The cheapest taxi insurance company will vary depending on a number of factors. How much taxi insurance costs is based on a taxi drivers: age, vehicle, post code, driving experience and many other taxi underwriting criteria. Whether you live in London or Liverpool, Bradford or Birmingham, are 21,25 or over 70 can all have a big impact on taxi insurance rates in the UK.
At Plan we prefer to speak about value rather than cheap taxi insurance. Cheap can often mean cutting corners. Cheap taxi insurance cover might not prove the best option when you come to need it. We have very cost effective taxi insurance rates and offer a range of comprehensive covers. These could save you much more money in the long run than a below average taxi policy.
Call our leading team of Taxi Insurance Brokers now on 0800 542 2743 or Click Call Me Now to speak to a member of our team for more information about how we can find the right insurance solution for you.
Keep your business motoring with Plan Insurance Brokers. Call us on 0800 542 2743.
Why is taxi insurance so expensive?
Question we are often asked include “Why is taxi insurance so expensive compared to a car insurance for personal use” or “why does taxi insurance cost so much compared to private car cover?” The main reasons are that:
Taxi and private hire drivers tend to drive far more miles than private car drivers. So the probability of them being involved in an incident is greater. Also with multiple passengers often being transported the insurance company is exposed to larger personal injury liability claims. This makes average claims costs much higher. Taxi insurance also includes cover for personal use as well as commercial purposes. Hence average taxi insurance premiums are more expensive.
Do you offer short term taxi insurance?
At Plan we only offer annual taxi insurance policies. We believe this is the most cost effective way for taxi and private hire drivers to insure their vehicles. Doing so enables drivers to build no claims bonus which can provide up to 65% of taxi cover. It also demonstrates commitment to the industry to taxi underwriters who value experience.
If you are looking for taxi insurance cover for just one month or perhaps 3 months then the following providers may be able to help:
A19 Insurance, A Plan Insurance, DNA Insurance, J & M Insurance, Orbit Insurance, Swintons Insurance, Westminster Insurance, Motorcade Insurance, XYZ Insurance
They may have facilities with one of the following taxi insurance companies: AXA, Allianz, Aviva, Collingwood Insurance, Haven Insurance, LV, One Broker.
If you rent a vehicle you will often find that your taxi insurance is included with the price of hiring the vehicle. If you must have at least a 12 month lease on your taxi or private hire vehicle for Plan to be to offer cover.
Where can I get taxi insurance for young drivers?
Taxi insurance for young drivers is available but is usually very expensive. How much taxi insurance for a 21 year old will be is difficult to say as we are not able to provide cover.
We do have one insurance carrier who will offer offer insurance rates for taxi drivers aged 25 and over but without experience costs are likely to be in excess of £5,000.
Do you provide insurance for Uber drivers?
At Plan we seek to offer competitive private hire insurance rates only on an annual basis for experienced drivers with proven track records of operating successfully within the industry. We remain impartial as to how drivers source their fares beyond the above criteria.
How can I get taxi insurance with convictions?
Many taxi drivers will accrue points on their licence in the course of their profession. At Plan we are able to offer quotations to taxi and private hire drivers with points on their licence.
Taxi insurance for high risk drivers with 9 points – insurance companies are likely to charge higher premiums as they will deem you to be a higher risk and more likely to cause an incident that could lead to a potential claim.
Taxi insurance for first time drivers
Our exclusive taxi insurance scheme is only available to drivers who have held a taxi badge or private hire licence for at least 1 year. If you hold a new badge or licence obtained just over 12 months ago you will need to demonstrate other experience as a professional driver.
Do you offer taxi insurance in Northern Ireland?
Unfortunately we do not have providers that offer taxi cover in N.I. Nor can we provide policies to drivers in Jersey.