Public Liability Insurance, or Taxi Liability Insurance, protects you and your business against any claims of injury or damage to property by someone in your care. Having this cover can prove invaluable, when you consider the risks you’re exposed to as a taxi driver.

Does taxi insurance cost more?

As a general rule, public hire taxis are slightly more expensive to insure, but this is not always the case – given that the vehicles themselves tend to be newer, and the drivers older, when compared to private hire cabs, insurers tend to look on them quite favourably.

What is the difference between livery and taxi?

Livery vehicles are for-hire vehicles that are used by businesses to generate revenue by transporting people. Taxis – A taxicab (taxi) is essentially a vehicle that is hired along with a driver to carry passengers to and from specific destinations for a fee.

Can I pretend to be a taxi?

Taxi touting is illegal. It is an offence that both licenced and unlicenced taxi drivers can fall foul of. Touting for trade involves soliciting people in a public place to hire a vehicle to carry them as a passenger.

How can I find out if I have insurance for a taxi?

Check with your local Department of Motor Vehicles (DMV) to learn more about the state specific requirements. Ask your insurance company about its requirements. Do you drive a conventional taxi cab? Taxi cabs are traditionally painted yellow.

Do you need insurance to drive a taxi in the UK?

This is the minimum level of cover you need to legally drive on UK roads. However, it doesn’t provide you with any financial help for injury or repairs to your taxi. Third party, fire and theft provides cover if your car is stolen or damaged by fire.

Which is more expensive car insurance or taxi insurance?

However, compare prices now and find the right cover for you. Taxi cover tends to be more expensive than standard car insurance, but comparing quotes from a range of specialist taxi providers is one way you might keep costs down. Your taxi’s size, its insurance group and how many miles you clock up in a year all affect the cost of insurance.