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Archive for the ‘Taxi Insurance’ Category

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Taxi Insurance & Rising Costs

Saturday, August 6th, 2011

It is a well known fact that many people who used to drive a taxi for a living have had to quit their job in the last few months as a result of rising costs. With petrol so high per litre, increasing badge and licensing costs and huge insurance costs, which have risen as much as 40% in some cases for those who have not had an accident, it is really worth noting that many have found it impossible to work as a result of their lack of income after they have finished paying out. However, if you are one of those still hanging on then you may be happy to know that some taxi insurance providers have actually begun to recognise that there is a problem and have cut costs accordingly.

Although you absolutely have to compare taxi insurance to make sure that you have the best deal, it is possible to find a policy that can help you to save money. Some providers are offering comprehensive policies that have premiums based on individual records rather than general insurance trends. Of course, if you have points on your license then there may be a problem but otherwise there is no reason why you cannot tap into such policies.

So how can you find such taxi insurance because it is not advertised very often? Well, a comparison engine like APH is a great place to start because you can input all of your requirements and find the best policy with the most affordable premium as a result. It really is not that difficult to do and takes a few moments. With this in mind, you may well find that you are able to continue earning as a taxi driver without having no money to show for it at the end of a busy Saturday night!

Cheap Taxi Insurance

Thursday, May 21st, 2009

Taxi insurance is a legal requirement for all taxi drivers, as I am sure you know if you drive a cab for a living, but has anyone else noticed how premiums seem to have gone up in recent years? Fleet insurance and single taxi insurance has become ridiculously expensive, or at least it has if you happen to renew every year with certain providers. However, if you can spare a little time to fill in one form and compare the quotes you get from a variety of specialist and mainstream providers then you will find that you can save a lot of money by avoiding renewal with the same company year on year.

I am sure that you are aware that taxi insurance comes in a variety of forms with a huge range of features readily available. As such, you can tailor your policy to suit you with all of your requirements and specifications covered. Obviously the features you choose will affect the price of your premiums but you will find that you can have everything that is on your current policy for a little cheaper at the very least. I saved almost half of the money I had become used to paying out every year for a policy that matched my old policy feature for feature and cover for cover.

Of course, the premiums of your taxi insurance will vary in relation to whether you have points on your license, any no claims bonus that you may have, how many people you want to cover in your taxi and a variety of other elements too. As such, you need to be clear with providers of taxi insurance in terms of what you want and need so you can find the best price available.

Taxi Insurance

Tuesday, May 19th, 2009

Everyone that drives a taxi for a living will be well aware of the legal requirements that carrying passengers brings with it. None of those are as important as getting specialist taxi insurance to ensure that you are covered in all events, no matter what. However, if you think that you have to pay through the nose for this kind of cover then you would most definitely be wrong! There are so many options today that you really need to take a look around. Whether you need taxi insurance for one car or a whole fleet of cars, you should not be paying more than your budget can sustain. There are cheaper options out there and you would be quite surprised at how much you can save.

Keeping your costs down is a fact of every business at the moment given the fact that so many are having to make every penny stretch as far as possible. Taxi insurance is one of the major expenses for most drivers and if you have to pay for yours then you will know that. With the sheer amount of insurance options out there though you do not have to pay out sums that you cannot afford anymore.

I am a prime example of that. My taxi insurance renewal quote came a few days ago and was much higher than it has ever been before. With no idea why that is, I thought initially that I’d have no choice but to pay it until I spoke to my boss. He told me about a few other companies and recommended a comparison site to me. Within half an hour, I’d set up my taxi insurance at virtually half the price. This will definitely keep me on the road for longer and fingers cross business will be just as good!

Taxi Insurance Quotes

Friday, May 15th, 2009

Taxi insurance was not an insurance product that was readily available a few years ago. In fact, taxi companies had very few options when it came to insuring individual cars or fleets because only a few insurers tended to offer taxi insurance. Where did that leave you though? Paying through the nose for insurance because you had two choices – you took it or you did not work. Today things are a little different and I was surprised at just how much choice was available to me. Mainstream and specialist insurance companies can offer excellent taxi insurance products today so why not take a look at what is available to you? I am so glad I did.

My renewal quotes have been getting progressively more expensive every single year to the point at which I was struggling to pay this year’s renewal quote without my family suffering. I asked for an explanation as to why it had gone up and the answer was basically to the tune of “because it has”. With no points on my license and no accidents in 18 years, I did not find this acceptable at all so I decided to go elsewhere and I am so glad I did. I obtained a range of quotes from various providers and found one that halved my current quote. I did not even have to compromise on the quality of the policy itself.

You can compare taxi insurance policies online 24 hours a day so you can literally have a look when you have a few moments spare. It took me fifteen minutes from start to finish, including filling in my details and doing the comparison with the retrieved results. It is not rocket science but can save you more money than you might give it credit for.

Cheaper Taxi Insurance

Wednesday, May 6th, 2009

If you own a taxi business then you are probably looking to cut costs this year without streamlining your business in terms of cutting cars. The credit crunch and recession can make times tough and with petrol prices again rising it can be really difficult to remain viable but then you cannot afford to skimp on services like taxi insurance if it means that it leaves you open to huge costs should one of your cars be involved in an accident. No, you need comprehensive insurance that covers everything your regular fleet taxi insurance does without the expense of a renewal quote. So where can you get products that tick all the boxes?

Well, you could do what I did and take a few minutes to look around. You do not need to spend your precious time looking around for the phone numbers of insurers to phone and get taxi insurance quotes. Instead, you can now get quotes from all of the major insurers and a few specialists as well online within just a few minutes. All of it can actually be done online no matter how many cars you have in the fleet. Although it will take you a few minutes to do it this way, it is worth it because you will find that you can save a packet on your insurance and cut costs without cutting your taxi insurance.

However, a word of advice from personal experience. When looking for fleet taxi insurance, use a comparison site that actually only requires you to input your information once. If you need to alter your quote a little later on then it is an absolute pain to do it after already filling in the forms. Any comparison site that wipes your details after the first time you enter them is hardly user friendly but it will also waste an awful lot of time! Play it safe instead and you will not find yourself wanting to throw the computer out of the window!

Taxi Insurance

Thursday, April 30th, 2009

If you happen to drive a taxi for a living and have to come up with your own insurance premium every year then you are probably looking for the cheapest possible option available to you. Bearing in mind that any insurance you have to shell out for would eat into your income, it is no wonder really. However, if you are looking for taxi insurance and your current policy is coming up for renewal then you might be interested to know that you can save hundreds of pounds every year by comparing all policies out there on one of the many. If you do not think that you have the time then just do what I did and think about the money you can save by taking five minutes to have a look around.

When my taxi insurance came up for renewal this year, I found it had increased by 25%, give or take. Considering the fact that I had not had an accident or received points on my license, I was a little unhappy to say the very least! That kind of increase is neither in my budget or affordable for me so I went onto Money Supermarket and then Confused to find a variety of quotes before heading to a few specialists that are not on those sites. The latter only do taxi insurance or specialist care insurances and seem to be much more in tune with the requirements of taxi drivers everywhere.

The search I mention above for comprehensive but good value taxi insurance took me fifteen minutes and I managed to save £201 on my renewal quote. I got a discount, my no claims bonus was taken into account and so I came away a happy driver. Those fifteen minutes are most definitely worth it. After all, how quickly can you make £201? It would take you a lot longer to earn it than it does to save it.

Cheap Taxi Insurance

Monday, February 16th, 2009

Many people often get the wrong impression of cheap taxi insurance. Like cheap car insurance, they mistakenly believe that it is simply a basic policy that ensures that you are legal on the road without actually covering you for any real damage. Of course, that is not what you want if you really value your business. Well, luckily for you cheap car insurance is worth more than that. In fact you do not need to sacrifice the policy content for the cost of the premiums because high quality cheap taxi insurance is now readily available for you.

You can include any number of features in your cheap taxi insurance. It may include elements like breakdown cover. This is actually essential given the cost of recovering vehicles these days. It can be incredibly expensive to have your broken down taxi transported to your garage if your car happens to decide that it will not work for you when on a long journey. You can save the expense by choosing this component of cover. You may also like to choose a policy that gives you access to a 24 hour claim line as well, although this actually a staple part of most policies.

You can also choose to add elements that are specific to taxi insurance policies, such as rapid repair. This is not often featured on car insurance policies but you can include it on cheap taxi insurance, especially those from companies that allow you to get quotes for your own bespoke policy. Specialist cover an often be tailored to suit your wants and needs and yet remain affordable. Check out a comparison site today to see what cheap taxi insurance you can take advantage of.

Cheap Taxi Insurance

Saturday, February 14th, 2009

If you drive a taxi for a living then you will be fully aware that you are required to get insurance to ensure that you are cover for numerous occurrences when you are at work. Similarly, you will also probably be aware of the lack of availability of cheap taxi insurance…. Or the lack of cheap taxi insurance that was available in the pas. Today, it is incredibly available if you know where to look, especially if you use one of the comparison sites that are available for you. These sites are incredibly accessible and easy to use so you should take just five minutes out of your day to see what deals are available to suit all of your wants and needs.

There are several products that come under the heading of cheap taxi insurance, but only one of them will suit you so make sure that you are aware of the distinctions between them. The first is fleet cover. This is the best cheap taxi insurance product available if you own your own taxi business that encompasses numerous cars, all of which belong to you. You will obviously need to insure all the vehicles that you own but to do so separately will cost a fortune. As such, you can make real savings with fleet insurance and can really set your business budget on track.

If you only want cheap taxi insurance for a single car then you have to choose exactly what features and elements you would like as part of your policy. You can choose to have breakdown cover in your policy in addition to rapid repair cover and flexible cover. There are additional add ons but you will have to examine the providers to see what they have on offer. You can effectively build your own bespoke but cheap taxi insurance to fulfil your every want and need so take a look at your options today.

Cheap Taxi Insurance

Friday, February 13th, 2009

If you have ever tried to get taxi insurance in the past then you will be well aware of the fact that it can indeed be expensive. In fact, you may even consider cheap taxi insurance to be a myth because it is undoubtedly one of the most expensive policies around. However, in recent years the insurance shopping process has changed thanks to the Internet and now more than ever insurers have to be more competitive in terms of their policy pricing. Comparison sites have made it incredibly easy for taxi drivers and fleet owners to get their hands on cheap taxi insurance so you can definitely tap into a good deal.

There are many reasons as to why taxi insurance premiums are normally so high but the overriding reasons are that taxis spend so much time on the road and the very nature of work they undertake. The fact that passengers are carried via taxi dictates that the cabs have to be insured for all sorts of elements, including public liability. Despite that, cheap taxi insurance is now available for you without forcing you to reconsider your wants and needs. In the past, you may have had to lower your level of cover to achieve cheap taxi insurance. That is definitely not the case now.

Various specialist and general insurance providers currently offer cheap taxi insurance so it is essential to compare the quotes they give so that you can get the best policy for the best price. The insurance policy you choose should ultimately have all the elements that you want and need in taxi insurance but at the lowest cost to you possible. Bear that in mind when your insurance renewal lands on your doormat!

Taxi Insurance

Tuesday, February 10th, 2009

Choosing taxi insurance that is right for you can be a minefield at the moment. As with car insurance, the taxi insurance market has expanded exponentially in the past few years to incorporate more choices than ever before. You can now choose policies with a vast array of features to ensure that they suit all your wants and needs. Instead of settling with a generic policy, why not tailor your insurance to meet your every wish instead?

When choosing taxi insurance, you can take advantage of any number of policy features that encompass both private and public hire cover with the following key elements:

• Personal Accident & Public Liability – This will cover you and your car in the event of an accident as well as the general public in case they are affected by it. This element of taxi insurance cover is an absolute must if you want to legally transport passengers but is also a much for your own peace of mind.
• 24 Hour Claims/Help Line – You can always contact someone no matter what time of day or night you have an accident, which is obviously good because the taxi business is a 24-hour one!
• Legal Expenses – Should you need legal expenses in the event of an individual suing then this should be provided on taxi insurance policies. This will undoubtedly save you a lot of money if the worst ever does happen.
• Theft Cover – Having comprehensive protection should your vehicle ever be broken into or stolen will protect your best interests and ensure that you can replace your taxi as soon as possible, thus keeping your business running smoothly

There are also other elements of taxi insurance that you can request as a part of your policy. For example, you could choose to have personal possession cover, audio equipment cover and even breakdown cover. The makeup of your policy is completely your decision but you should ensure that you have everything you want and need on there to ensure that you can call on it should the need ever arise.