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Practical ways fleets can reduce taxi insurance spend

We often hear advice about how taxi drivers can reduce their taxi insurance premiums, but when it comes to taxi fleet insurance, a different approach is needed to make savings.

Insurance companies calculate taxi insurance premiums based on risk and how likely it is they will have to pay out in the event of a claim.

Taxi drivers should be careful with their tyres this winter

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.

Taxi drivers are getting a rough ride as claims costs continue to rise

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.

How to Claim on Taxi Insurance After an Accident

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.

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.

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.