Private Hire Car Insurance: What You Need to Know
Private Hire Car Insurance
Just like vehicle insurance, private hire car insurance is a basic requirement in UK laws. This is also referred to as taxi insurance and must be obtained by all taxi drivers before they are legally allowed to take passengers. To facilitate a smooth taxi business – because, after all, there are so many other things business owners have to worry about - cheap private hire taxi insurance policies are available in UK. There are a number of insurance companies in the UK who offer cheap taxi policies to self-employed people.
For cheap taxi insurance, one can easily get some private hire insurance online quotes. This suits both the experienced and new taxi drivers. These quotes are meant to easily compare the rates of taxi insurance offered by various companies online. There exist many websites that offer taxi insurance quotes to enhance a smooth taxi business. Getting online quotes is such an easy process that helps save time when acquiring minicab insurance in the UK.
Private Hire Taxi Insurance: Options for Taxi Owners
Private hire taxi insurance offers various options for taxi owners to choose from. Apart from getting private hire taxi insurance quotes there are other things to keep in mind. There is also cheap private hire taxi insurance for drivers or owners who have more than one taxi. This is easily covered by taxi fleet insurance policy. This insurance handles many private hire cars under a single policy. For this case, it is not necessary to carry individual policies for each taxi.
Private hire fleet insurance is commonly offered to companies that are usually associated with high numbers of private hire vehicles. Adding new vehicles to the fleet insurance is as well a simple process. Risk management has to be carried out for fleet insurance in order to reduce policy premiums. This is achieved by naming all drivers for each cab and holding their license document copies.
Whether hunting for individual or fleet taxi car insurance policy, it is always wise to shop around. Nowadays, most insurance companies offer private hire insurance online quote and discounts for cab drivers. There are various coverage options offered by these insurers. Private hire cars can be insured under third party policies or comprehensive coverage. There are also policies that provide coverage for both private and public hire cars.
Premiums for private hire car insurance can be expensive when proper measures are not taken. Cheap private hire taxi insurance is always available when one commits to shopping around and considering online quotes on private hire car insurance. Insurance brokers and specialists should also be involved when hunting for cheap private hire insurance. These are experts in the field and offer better premiums depending on private hire driver needs.