It is easy to overlook tyres when it comes to maintaining a car but as taxi drivers know, they are one of the most important parts of a vehicle, especially in the winter.
As we endure longer nights and bad weather, no one wants to be stuck at the side of the road in the cold and wet.
The cost of getting a taxi back on the road after a crash is continuing to rise – and drivers are worried that they could be left footing the bill. Having been hit by the pandemic, rising fuel costs, and then the cost-of-living crisis, the soaring cost of parts is once again squeezing their finances.
Having taxi insurance that will take care of repairs and quickly get a cab back on the road gives many taxi drivers huge peace of mind.
But if you are involved in a collision, there are steps you have to take to make sure your insurance claim goes smoothly and you won’t be left with any expensive surprises.
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.
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.
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.