You may benefit from taxi fleet insurance if you own or operate more than 2 private or public hire vehicles, whether your taxi fleet includes multiple cars, limousines or minibus fleet insurance; from an administration point of view, once your taxi vehicle fleet is 'fleet rated' for insurance purposes, it will make life a lot easier for you each time you come to add, change or renew your taxi fleet insurance policy. If you are looking to insure a single taxi, please take a look at our taxi insurance page.
Why use taxi fleet insurance?
As well as a much cheaper alternative, taxi fleet insurance can be a much more beneficial option for a company looking to insure multiple vehicles. One of the most significant advantages is convenience; a taxi fleet insurance policy allows you to manage and renew all your taxis simultaneously instead of keeping track of all the separate renewal dates. Additionally, your vehicles can be legally driven by anyone else on the policy, allowing car sharing or swapping when needed. Taxi fleet insurance also makes it easier to grow your fleet, as it can be easily added to the policy at any time
What can I cover with taxi fleet insurance?
Taxi fleet insurance policies
allow you to cover multiple vehicle types, such as:
- Small fleets of taxis (2 to 5 vehicles)
- Larger, mixed fleets of vehicles (up to 400 vehicles)
- Minibus fleets
- Public hire, Hackney carriages, black cabs
- Private hire fleet insurance
- Minicab fleets
- Cover for various types of cabs, including limousines
What does taxi fleet insurance cover?
- Comprehensive taxi fleet insurance: This covers the driver, the car, its passengers, property, third parties, vandalism and theft
- Third-party, fire and theft taxi fleet insurance: This covers third parties in the event of an accident, as well as fire or theft. It does not cover your vehicle in the event of an accident or vandalism.
- Third party only taxi fleet insurance: The most basic, cheapest and legal minimum level of cover in the UK. This covers third parties injury and damage to third party property.
Additional types of cover available
Additionally, you may opt to extend your insurance cover, usually for a slightly higher premium. Common taxi fleet insurance policy 'add-ons' include:
- Breakdown cover: In the event your company car breaks down and needs recovering or repairing at the roadside
- Lost car key cover: To cover the cost of replacing your car keys if they are lost or stolen
- Courtesy car: A replacement vehicle so you’re not left stranded in the event of repairs to your company car, following an accident
- Windscreen cover: Usually included in comprehensive car insurance, cover can often be purchased for TPF&T policies, to cover the cost of repairing or replacing your car windscreen
- No claims bonus protection: In the event of an at-fault claim, your no claims discount would not be lost or reduced
How can QuoteRack help?
Maybe you are a taxi business that operates a fleet of taxi cabs, a fleet of minibuses for hire or a mixture of taxi vehicles, QuoteRack enables you to obtain a taxi fleet insurance quote now.
Frequently asked questions
How many vehicles can I cover with taxi fleet insurance?
To qualify as fleet insurance, you must be insuring at least two vehicles. Two to five vehicles are often referred to as a mini fleet, whereas larger fleets above five vehicles are referred to as motor fleet insurance. Most insurance providers will only insure up to 400 vehicles, but some may be able to accommodate larger fleets.
Can you offer buildings insurance for our Taxi office?
Certainly, please visit our taxi business insurance page to discuss how we can help you find appropriate cover for your taxi office.
Can you offer cover for wedding cars?
We can - please visit our wedding car insurance page to discuss how we can help you find appropriate cover for your wedding cars.
Can you offer cover for chauffeur driven cars?
If you operate a chauffeur-hire service, please visit our chauffeur insurance page to discuss how we can help you find appropriate cover for your chauffeur-driven cars and limousines.
Taxi fleet cover is available for contract work and may also provide cover for new and/or inexperienced taxi drivers; you may also want to extend your fleet insurance to include the carriage of goods and SD&P cover.
Discounts may be available for restricted driving and no claims bonus earned under a previous taxi fleet insurance policy.
Enquire through QuoteRack for taxi fleet insurance
If you have explored other avenues of enquiry in your search for taxi fleet insurance, then you are welcome to submit your details through the QuoteRack website, without cost or obligation to proceed when you receive your insurance quote.