There are various types of insurance that you can get for your car when you have it insured by a private hire taxi company. These are as follows:
This covers you if you are at fault or you are accused of any fault. It may also cover you in case the vehicle gets damaged. The cost of this type of Private Hire Taxi Insurance is generally quite high because of the amount of liability coverage that it offers. Therefore, you should never take a risk and therefore do not drive your car without having liability insurance.
This insurance covers the business you run when you are using your car for a commercial purpose. This is one of the most important types of insurance because it protects your business as well as yourself. It covers anything that might happen while you are driving your car on a commercial premise. In short, this insurance protects you from any damages that may happen to your car on a day to day basis.
Fire and theft insurance:
This is important when you are using your car for purposes like transporting goods, transporting people, carrying people, and other similar activities. With this insurance, you will be protected against fires or any kind of theft that happens while you are driving your car. This type of insurance is also very expensive because it covers you for one year.
This insurance covers you if you are at fault in an accident involving other people's cars. You are also covered against any damage that might happen to your car. This type of insurance is also known as third party only.
This covers any damages that happen to your car during the time that you are driving it. This insurance also covers any repairs that have to be done to your vehicle after it has been damaged. You must keep in mind the fact that the cost of this insurance will depend on the level of damage that is caused to your vehicle. Therefore, you should always check on this type of insurance because the cost of the insurance does not just depend on the extent of the damage that you have to pay.
This insurance will protect you from any theft that happens to your car. It will also cover the costs that you have to incur for the replacement of your car if it is damaged. Even if you do not have any Private Hire Taxi Insurance policy, you must always have theft insurance because the cost of your car is quite high these days.
Few Important Points:
As you go shopping for this insurance, you should take care of a few important points so that you can get the right kind of insurance for your needs.
- Get the Best Price:
The first thing that you need to consider is that you have to make sure that you are getting the best price. This means that you have to compare the price quotes from different companies before choosing the one for your needs.
- Compare the Amount:
The second point that you need to consider is that you have to ensure that you are comparing the amount that you will have to pay for the insurance. with the number of kilometres that you are driving your vehicle. If you drive more miles than your insurance coverage limits, then the cost of the insurance would be much higher than if you were to insure it under the minimum limit. You need to ensure that you know how much mileage you will be driving to make an informed decision.
- Compare Types of Coverages:
The third thing that you need to consider is that you need to make sure that you are comparing the different types of coverages that are available on the different types of private hire policies. This is the most important thing that you need to consider. You need to compare the different types of policies that are available because if you do not compare the different ones, then you might end up choosing the wrong kind of insurance policy.
You also need to look out for the different discounts that are available with the different companies. There are many discounts that you can avail of insurance for private hire taxi companies so that you can get the lowest price possible.
There are many insurance policies offered by different companies for private taxi drivers. You can choose from a wide variety of policies and choose the one that fits your budget. In short, you have a wide variety of options when it comes to insurance for private hire taxi companies. Contact Cubit-Insurance to get the best taxi insurance policy.