What is fleet insurance?
Fleet insurance starts at three vehicles and covers all your business vehicles on one particular policy. As an expert insurance broker, our goal is to tailor an insurance solution to meet your business requirements. Fleet policies generally have Any driver options and allow you to add or remove vehicles without altering the renewal date on your policy. At protect my taxi, our team will be able to provide taxi insurance quotes online in a few minutes.
What kinds of fleets do we insure?
We have a team of professionals for all commercial fleet insurance policies which includes taxis, minicabs, minibusses, and vans. Dealing with a large panel of insurance brokers allows us to source the ideal solution for your business at reasonable prices. If you would like to discuss your business needs with us, kindly contact our fleet team who will be happy to talk to you through everything and make the procedure as easy as possible.
What does any driver policy mean?
Having Any driver fleet policy means that each of your vehicles can be driven by any of your drivers as long as they stick to the criteria defined in your fleet policy. Most policies help Any driver aged over 25 and have set guidelines on factors like the number of motoring convictions they may have collected and how long they have carried their driving license.
What happens if you have a claim?
As fleet policies often have many vehicles insured, we learn that in tragic circumstances a claim does occur that we require to help our customers throughout that procedure. At protect my taxi, we have a dedicated claims handler who works with all of our fleet clients to make sure we are here when you need us the most and to minimize the disturbance to your business.
We have got several insurance brokers who will take into account the standard no claims bonus entitlements when analyzing fleet requests and some insurance providers who will give quotes for businesses with no previous insurance history.
Private hire fleet insurance
Taxi fleet insurance quotes online are available for both traditional taxi fleet insurance, which you can hail from the side of the road, and private hire vehicles that must be pre-hired.
Main advantages of taxi fleet insurance
Save time, as a business owner, saving your time and money is always your main priority. One of the main benefits of taxi fleet insurance is the ease of management and setup when you compare it to insuring each vehicle separately. Taxi fleet insurance should work out to be cheaper, as many insurance brokers will offer discounts as you include additional vehicles. However, it is always careful to compare a motor fleet policy with the costs of insuring vehicles on a separate basis.
How to lower your taxi fleet insurance premium?
There are a few steps by which you can lower your insurance premium.
You should pay your insurance premium annually rather than monthly.
Be selective while picking your drivers if choose drivers with a minimum of 3 years of driving experience and a clean driving record. Drivers who are under 25 are often regarded as a higher risk category if you are over 25, the insurance premium will be low. So, age should be taken into account when picking new drivers.
You can get quotes from different insurance providers as this simple step will help you to compare quotes easily and make an advised decision.
You should report all accidents that involve a third party quickly. Failure to do so by thinking that no further action will be taken by the third party can easily result in unexpected costs in the form of a later claim. The claim at that stage may include costs for hiring a car and other items that could have been excluded had you been quick to inform your insurance broker. The result is a higher claim resulting in a bigger increase in your yearly insurance.
Level of cover
There are three levels of cover available.
This is the basic and minimum level of cover required to operate in the UK. it will cover third-party only and you will have to pay out for any type of damage to your vehicles.
Third-party fire & theft
It will cover third-party only and fleet vehicles that are damaged by fire or stolen.
This is the highest level of cover and it will provide protection for all types of accidents and is highly recommended, as it can enable you to work your business with ease.
Besides this, there are also some additional covers available which you can obtain
Taxi breakdown cover is highly recommended for all taxi fleets and can easily be added as a part of your taxi fleet insurance.
You should report all accidents that involve a third party quickly. Failure to do so by thinking that no further action will be taken by the third party can easily result in unexpected costs in the form of a later claim. The claim at that stage may also include costs for hiring a car and other items that might have been excluded had you been quick to inform your insurance broker.
Public liability insurance will provide the protection you from any claims made by members of the public including passengers against your firm.
Compare taxi fleet insurance quotes today
To save money and time, you need to perform some research and compare all the available options. The quote system provided by us can help you on your journey by giving you multiple quotes that are customized to your taxi or private hire business needs.
At protect my taxi, we have developed strong relationships with top insurance providers in the UK who will work on your behalf to provide what you need at an affordable price. Just contact us and we will be more than happy to find cover for your taxi fleet.
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