What is Taxi Insurance?
Taxi Insurance in the UK applies only to vehicles and drivers that are licensed to pick up fares on the street and at taxi ranks. This is known as ‘plying for hire’. Taxis of this nature include the well-known ‘Black Cab’ as well as standard four door saloons and minibuses with up to eight seats. Both may be hailed by riders without the need for pre-booking through a licensed PCO base or an app such as Uber or Lyft or Gett. Insurance that covers these vehicles is often referred to as ‘Public Hire Taxi Insurance’. This is not the same as PHV Insurance, which applies to private hire vehicles only. You cannot use PHV Insurance as cover for a Public Hire Taxi or vice-versa.
UK law states that you must have commercial vehicle insurance to operate a Public Hire Taxi. Obtaining such insurance often requires many phone calls, visits to broker offices, production of paperwork, filling in forms and time away from driving. It can be a slow and lengthy process.
Buying Taxi Insurance with INSHUR.
If you are seeking Taxi Insurance, we regret to tell you that INSHUR does not currently offer coverage for Public Hire Taxis. However, please revisit us soon, as this policy may change, and you may then be able to buy affordable taxi insurance in a fast and convenient way direct from your mobile phone.