Taxi Insurance Guide

Glossary of Terms

Please note these definitions are for guidance only. For full definitions please refer to your policy document.

Top Tips to reduce your premium

No Claims Bonus - The discounts for no claims bonus earned on a previous taxi insurance policy range from 20% up to 60%, which means significant savings for those with a proven record of claim free taxiing. No claims discount earned on a private motor car is generally transferable but not on a 'like-for-like' basis - call us for more details.

Taxi Experience - The longer the taxi experience, the cheaper the premium. Proof of taxi experience is linked to how long drivers have held their local authority taxi badge.

Restricted Driving - Many policies offer BIG discounts for restricting the number of drivers per policy - particularly when driving is restricted to just the owner only.

Voluntary Excess - Having extra excess on your policy can save you money off your taxi insurance, but beware - it'll cost you if you claim. Most taxi policies have a compulsory excess of £250 minimum, but this can be increased to £500 for a saving on your premium.

Get an online quote or call us now on 0800 440 2177

• Instalment plans available
• Cover for chauffeurs and minibuses
• 24 hour claims line 0800 612 21 80
• Private hire, public hire and fleet cover
• Policies to aid move from weekly schemes
• Legal, accident and liability cover available
• Mirror no claims bonus from other motor vehicle policies

What to watch out for

Ask how much excess is on the policy so you don't get a nasty surprise at claim time.

Companies that sell protected no claims bonus cover without fully explaining this benefit. Protected no claims bonus is effectively an insurance cover for your maximum no claims bonus, BUT generally speaking, once a claim is made against such cover, the only company that will uphold the protection is the company against which the claim has been made, and is not transferable at renewal.

A cheaper policy can equal low cover with lots of policy restriction. Ask what radio cover, glass cover, courtesy vehicle provisions are included.