What is Taxi Insurance?
Like all other vehicles, a taxi needs an insurance policy to stay on the roads as per the UK rules. But, the insurance policy for the taxi is essentially different from a simple private car policy. If driving a taxi, hackery or private cab is your livelihood, you will need to be extra careful about the safety of your passengers, your vehicle and your own safety. A small incident can put you at the risk of a serious financial burden to pay the heavy medical bills or repair fees. A taxi insurance is a special policy that covers you in case of an accident, injury to the passenger or financial loss or injury of the third party. Since the use of a taxi is different from a private car, it is usually more expensive than simple vehicle insurance.
