Taxi insurance under 25 can be found and at competitive prices. Everyone is familiar now with the high cost of insurance. Expect to find the coverage for a person under 25 to be a bit high. At that age, young people are considered a high risk thus the high cost. It is easy now to some extent to find coverage for a person under 25. However, that person must be over 21 years old. Younger than 21 years of age is like being 18 years. It is almost impossible to find insurance coverage. There is also a possibility of special conditions and requirement for those taxi drivers under 25.
Some companies exist that specialize in insurance coverage for drivers with an unfavorable claims and/or conviction histories. These companies will claim to give you a low competitive rate but do not expect that to be the case for those high-risk drivers. Another thing to look for is the fine print at the bottom of your policy because there can be quite a large excess charge for those younger drivers you have to insure.
Having young people on your taxi staff is a rather big reasonability. These young people younger than 25 years and down to 18 years old are not very mature yet. They tend to take a chance in certain driving situations that a more mature person would not do. Still the young people have to start somewhere. They have many positive qualities over the older drivers. They have better eyesight, quicker reaction times, and are more alert.
Insurance for the drivers 25 years and younger can be found easily on the Internet. Look under insurance coverage for under 25 year old. If you look for an insurance broker, your job will be easier. Brokers are very experienced and have excellent contacts with many insurance companies. Therefore, they can get you good rates. It is better to let them do the hunting so you can devote more of your time to your taxi business.
