(888) 900 0205Taxi Auto Insurance
When you’re running a taxi service, your vehicle is your business. Taxi auto insurance is designed to cover the specific risks that come with operating a vehicle for hire. Whether it’s for accidents, damage, or liability, having the right coverage is a must to protect both your business and your passengers.
Taxi Insurance Coverage
Liability Coverage: Covers bodily injury and property damage if your driver is at fault in an accident while on duty. This is especially important since taxi drivers spend more time on the road than most, increasing the risk of accidents.
Physical Damage Coverage: This includes both collision coverage (for accidents) and comprehensive coverage (for damage caused by theft, vandalism, or severe weather). Your cabs are your business—this protects the vehicles themselves.
Medical Payments Coverage: Covers medical expenses for your driver and passengers, regardless of who's at fault in the accident. This is critical for the safety of your customers and the financial stability of your business.
Uninsured/Underinsured Motorist Coverage: Protects your business if one of your taxis is involved in an accident with a driver who has no insurance or too little coverage. Given the unpredictability of other drivers, this is one protection you’ll definitely want.
Hired and Non-Owned Auto Coverage: Covers taxis that you don't own but rent or lease for your business, ensuring you still have coverage even for temporary or replacement vehicles.
Choosing the Right Policy
Make sure to evaluate your specific needs when selecting Taxi Auto Insurance:
- What types of vehicles do you operate, and how are they used?
- What’s the level of risk your drivers face on the road?
- Is your fleet growing, and will your insurance policy grow with it?
Consult with an insurance professional to customize your coverage so it fits your business perfectly.