Taxi fleet insurance

By | December 4, 2011

 

Taxi fleet insurance is basically like getting insurance for a group of taxis. The number of taxis that make up your fleet of taxis is different for each company. Some insurance companies consider 4 taxis to be enough to make up a fleet while others are flexible enough to provide fleet insurance for just two taxis. Taxi fleet insurance covers your whole fleet of taxis under one insurance policy. There are many different advantages of obtaining insurance for a fleet.
Generally fleet insurance is expensive as they are meant to cover more than just one taxi; however every insurance company has different rules and regulations when it comes to fleet insurance. Even though insuring a fleet is more expensive than insuring just one taxi, it seems more affordable once you consider the cost of insuring each car individually. Your fleet of taxis may consist of various types of cars, insuring your fleet under just one policy helps in avoiding a lot of confusion; helps in managing your insurance better and through that you may be able to save a lot of time.
Firstly you must consider whether you are insuring a fleet of public taxis or private hire taxis. If you are in the private hire taxi business then your taxis stay cleaner than the public ones and you benefit from the selective clientele that you receive. Remember to give special emphasis to repair and maintenance of your vehicles when and if it is damaged during accidents. Taxi fleet insurance is really the best for you if you have expanded your taxi business over a period of years and your fleet consists of new and old cars alike. Also make sure that your fleet insurance covers all the basic kinds of taxi insurance such as, accident damage, third party and fire and theft for all of your cars.
Be sure to get the best taxi fleet insurance that you can afford. Fleet insurance helps in managing and organizing you insurance details in a better way. It also helps in saving your time and money. In addition taxi fleet insurance also considers new additions to your fleet.

 

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