Home Contact
Need Help?
888 900 0205
USA Insurance logo
TAXICAB INSURANCE
INSURE your LIVERY business
QUOTE AND SAVE NOW!
Custom insurance For TAxicab Owners & Operators
get quote

TAXICAB INSURANCE

Owning your own taxicab business is an excellent way to make sure you’re financially secure, independent and successful. As the owner of a taxi, you choose how often you work, how far you drive, and how many fares you want to secure each day.

Some taxicab business owners actually own many taxis and hire drivers to operate them each day. Others lease or rent the cabs to independent operators. Small taxi companies and independent operators may rent or lease their taxicab while others are buying or already own the vehicle outright.

Regardless of how you operate your taxi business, there are a number of important details you must keep track of in your day-to-day operations. One of the most important details you must be sure to not overlook, is taxicab insurance. By carrying insurance for your taxi, you can rest assured that all of the hard work and investment you have put into the business will not go up in a moment of unexpected disaster. Here are the primary types of taxi insurance you’ll need:

Liability InsuranceThis is taxicab insurance that is required by law in all states. This insurance is designed to protect other people from suffering severe losses if you cause an accident with your cab. Liability insurance is broken into two primary areas: One pays for injuries that happen directly to people and the other pays for repairs to the people’s property.

When you set up your taxicab insurance liability you will choose the maximum benefits you’d like. In some areas you may be able to get a combined single limit policy, which simply defines the maximum total amount of coverage you have available for each accident. Combined single limit policies do not designate a maximum limit for bodily injuries or property damages, just a maximum limit per accident.

You’ll also need to choose an insurance deductible when you set up your liability policy. The deductible amount is what you are personally responsible for out of your own pocket for each accident your taxicab is liable for. If for example, you select a $500 deductible, then you would personally pay for the first $500 in injury or damage expenses. Your insurance policy would pay for amounts above and beyond that deductible.

Medical PaymentsMedical payments insurance is extremely important for a taxicab business owner, since there is almost always one or more passengers on board while the cab is in operation. Medical payments insurance pays for the medical expenses that arise when your taxi is involved in an auto accident. Regardless of who is at fault for the accident, this coverage applies to the taxi driver and any passengers who are in the vehicle with him at the time of the accident. Medical payments coverage is not available in all areas however. Call and speak to one of our licensed representatives and we’ll help determine if it’s available and appropriate for your taxi’s insurance needs.

livery insurance
taxi cab Insurance

Physical Damage InsurancePhysical damages insurance is designed specifically for protecting your taxicab. This coverage is very important if you lease or rent your cab, or if you still have a lien on it from your original auto finance loan, because it provides you with the highest level of loss protection. Depending upon the type of physical damages insurance you select, your taxi will be covered for theft, vandalism, collision, roll-overs and more.

Uninsured or Underinsured Motorist - Despite laws in almost every state, there are still some people who do not carry basic liability insurance on their vehicle. A person who drives without insurance is known as an uninsured motorist. If this person causes an accident with your taxicab, there is no insurance coverage available to pay for the cost of repairing your cab or paying for the bodily injuries you sustain. Similarly, some people carry a small amount of insurance but it is not enough to cover all of the injuries and damages they cause in an accident. You can protect yourself from having to pay for these expenses yourself by carrying uninsured or underinsured motorist coverage on your taxicab. This insurance works much like your basic liability policy does, but the benefits go towards your injury and property damage bills instead of to the other driver.

Other Important Commercial Auto Insurance for TaxiCab includes:

TaxiCab Insurance Quote
BUSINESS INFO
 
Business Type  
Business Name
Required.
Owners / Partners
Please select.
Legal Entity
Please select.
Number Of Vehicles
Please select.
Years In Business
Please select.
Number Of Drivers
Please select.
Annual Revenue
Please select.
Miles Traveled (daily)
Please select.
Liability Limits
Please select.
Comp & Col Deductibles
Please select.
Driver #1 Name Vehicle #1 VIN#
Brief Description of Operations
       
ADDITIONAL COVERAGE OPTIONS
 
General Liability Professional Liability (E & O) Business Owners
Workers Comp Group Health Bond
   
CONTACT INFO
 
First Name
Required.
Last Name
Required.
   
Business Address
Required.
City
Required.
State
Required.
Zip Code
Required.

Invalid Zip.
Phone
Required.

Invalid Phone.
   
Alt. Phone
Email
Required.

Invalid Email.
   
Comments    
   
Any information you give will be used only to help you find insurance products.
We will not sell your personal information.

Business Auto Coverages

Commercial Auto Protection Liability Coverage Bodily Injury Coverage Property Damage Coverage Medical Payments Coverage Physical Damage Coverage Collision Coverage Comprehensive Coverage Uninsured Motorist Coverage

Autos We Insure

Taxi Non Medical Transport 18 Wheeler Trucks Tow Trucks Pick Up Trucks Shuttle Dump Trucks Garbage Trucks Business Vans Box Trucks Straight Trucks Bucket Trucks Cabover Trucks Cargo Vans Flatbed Trucks Refrigerated Trucks Crane Trucks Catering Trucks Ice Cream Trucks Agricultural Trucks Buses Car Carriers (Haulers) Cement Mixers Delivery Vans Hearse Pump Trucks Tank Truck Truck Tractor Wheelchair Bus Ambulance Limousine Wheelchair Vans Taxi Cabs Medical Transportation Semi Trucks Vans Small Business Autos Commercial Fleet Electrician's Auto Plumber's Auto General Contractor's Auto Carpenter's Auto Landscaper's Auto Pool Cleaner's Auto Recycling Center Autos Drywall Installer Autos Garage Door Installer Autos Janitor Autos Painting Contractor Autos Cabinet Maker Autos Roofer Autos Delivery Service Autos Carpet Installer Autos Driving School Autos Carpet Cleaner Autos Tree Trimmer Autos