Driving Tips

car accident

Tips for Minimising Risks and Insurance Claims

The motor insurance industry takes two main factors into account when calculating insurance premiums – the risk and the cost of paying out a claim.

We recently looked at how the soaring cost of vehicle parts was pushing up the price of repairs and making taxi insurance and other business motor insurance claims more expensive.

mot check

MoT: Which cars are most likely to fail?

When taxi drivers buy a new vehicle, reliability is one of the key things they look for both for now and in the future.

But it is only when they get an expensive repair bill – on top of taxi insurance and running costs – and have to wait for their vehicle to pass its MoT retest to get it back on the road that they might question their choice of car.

A queue of taxis with Taxi Insurance waiting for a fare

Taxi Base Insurance: What do you need to know?

Although you must have taxi insurance to operate legally in the UK, there are other types of insurance needed to run a taxi business.

And, typically, the bigger the operation, the more cover is needed to protect staff, passengers and the entire operation.

Black cab

Taxi Insurance: The Levels of Cover Available

Whether it is a holiday, wedding or heading home after a night out, people turn to taxi drivers to get them to and from events and venues safely.

Taxi drivers are the most versatile professionals on the road, never knowing where the next fare will take them.

mechanic

Insurance tips for taxi drivers amid rising costs

As the cost of living continues to increase, there are steps taxi drivers can take to reduce their taxi insurance premiums.

The rising cost of domestic car insurance made headlines recently after the Association of British Insurers revealed that soaring repair costs pushed the average vehicle premium to £511 – 21% higher than this time last year.

black cab EV

5 simple hacks to extend the range of EV taxis

Range is everything when it comes to EVs and is a big issue for taxi drivers every day – will they be able to take a fare wherever they want to go and what happens if they need to charge on the way?

These problems will disappear as battery technology improves and electric vehicles will be able to travel further on a single charge, which is good news for people who earn their living on the road.

ride-hailing app

The impact of ride-hailing apps on insurance

As technology and innovation continue to drive the taxi industry forward, drivers and fleet owners need to make sure they have the right taxi insurance in place for the work they do.

The traditional industry model was black cabs or Hackney carriages, which required public hire insurance, and private hire vehicles or minicabs, which needed private hire insurance.

taxi fleet

The benefits of taxi fleet insurance

There are times when fleet taxi insurance is a better option for taxi companies than taking out public hire insurance or private hire insurance for individual drivers.

A fleet usually includes five or more vehicles used for either private or public hire and can include a mixture of cars and vans. This gives them the flexibility to be able to cater for all types of fares from short trips to longer trips.

Top five taxi insurance myths

Taxi drivers hear all sorts of stories about savings and pitfalls when purchasing Taxi Insurance and there’s varying degrees of truth behind them.

As with anyone who earns their living on the road, having the right insurance is not only vital to protect their business, it is also a legal requirement.

Accident damage to front left side of car.

Has your taxi been victim to a hit-and-run?

Drivers who hit other vehicles and flee without reporting the damage cause huge inconvenience and expense to their innocent victims, especially if they are taxi drivers who rely on their cars to earn a living.

Damage to any vehicle is expensive to repair and being off the road causes huge disruption because it can affect livelihoods and lead to increased premiums if a claim is made.

Man wearing glasses and smoking in a car.

Separating fact and fiction of what you can and can’t do driving a taxi

We all know that using a mobile phone while driving a taxi is illegal, but what about eating a snack, wearing Ugg boots, or having fluffy dice hanging from the mirror?

Will sipping tea or coffee, or driving at night with the interior light on earn a taxi driver points on their licence?

Mental Health Awareness Week

How the fear of failure can cripple taxi drivers

Taxi drivers earn their living on the road and the fear of losing their job can take a huge toll on their mental health.

Driving a black cab or private hire vehicle is still a male-dominated industry in which there remains a stigma about asking for help or showing anything perceived as weakness.