There are many considerations and factors to be
taken into account when choosing taxi insurance. Different insurance options
are widely available to help ensure all of your insurance needs are met.
The age and value of your taxi may help you
decide which type of taxi insurance
to opt for. It may be a better option for older vehicles, with a value less
than the cost of annual Comprehensive insurance, to be covered by a Third Party
policy. This will be considerably cheaper as you will be covered for costs
caused by you to other vehicles only. The cost of any repair damage to your
vehicle will not be covered if you caused the accident, neither will you
receive any money if your vehicle is a ‘write off’. The other parties insurance
will pay for repairs if the damage was caused by their insurer driver.
