Compare Taxi Fleet Insurance

Taxi Fleet Cover for any Driver available, Drivers under the age of 25, One short form – Multiple Quotes

Taxi Fleet Insurance UK Comparison

Are you searching for a comprehensive taxi fleet insurance policy? If you have a fleet of minibuses, black cabs, minicabs or a mix of vehicles you will need a policy to protect all your vehicles. Going the fleet route will potentially provide savings and at the same time lower your admin costs by having only one policy as opposed to multiple policies.

MultiQuoteTime works in partnership with QuoteSearcher who provide a simple form which once completed is submitted to a specialist panel of brokers. The panel can provide multiple quotes from UK brokers that deal exclusively in providing cover for private hire or taxi fleets.

The Two Main Benefits of Taxi Fleet Insurance

Save time, as a business owner, saving time is always a priority. One of the benefits of taxi fleet Insurance is the ease of setup and management when you compare it to insuring each vehicle individually. Taxi Fleet Insurance should work out to be cheaper as most brokers will offer discounts as you add additional vehicles. However, it is always prudent to compare a motor fleet policy with the costs of insuring vehicles on an individual basis.

Practical steps to take to lower your taxi fleet insurance premium

Pay your premium up front rather than making your payments on a monthly basis.
Be selective when choosing your drivers If possible select divers with at least 3 years driving experience and a clean driving record. Young drivers under 25 are seen as a higher risk than over 25, so age should also be taken into consideration when hiring new drivers.
Get quotes from different providers This simple step will enable you to compare quotes easily, and make an informed decision.
Report all accidents that involve a third party immediately. Failure to do so by thinking that no further action will be taken by the third party and can easily result in unforeseen costs in the form of a later claim. The claim at that stage may include costs for hiring a car and other items that could have been excluded had you been quick to inform your insurance provider. The end result is a higher claim resulting in a larger increase in your annual premium.

Level of cover available

Comprehensive - This type of cover will provide protection for all types of accidents, and is highly recommended, as it can enable you to operate your business with full peace of mind.
Third Party Only Plus Fire and Theft (TP&FT)- TPO cover plus cover if your fleet vehicles are damaged by fire or stolen.
Third Party Only (TPO) - This is the legal minimum level of cover required to drive in the UK. The cover payouts to the third party only and you will have to pay out for any damage to your vehicles.

Additional cover options

Breakdown Assistance. Taxi breakdown cover is recommended for all taxi fleets and can easily be included as part of your taxi fleet insurance
Report all accidents that involve a third party immediately. Failure to do so by thinking that no further action will be taken by the third party and can easily result in unforeseen costs in the form of a later claim. The claim at that stage may include costs for hiring a car and other items that could have been excluded had you been quick to inform your insurance provider. The end result is a higher claim resulting in a larger increase in your annual premium.
Public liability: Public liability Insurance which will protect you from any claims made by members of the public including passengers against your business.