A black taxi, otherwise known as a black cab or hackney carriage, is a specific vehicle that’s available for hire. It can be flagged down in the street or hired from a taxi rank, and, as the name suggests, is usually black. It’s a common sight in cities across the UK and has a very specific design, and because it’s so specialised it’s also subject to very specific black taxi insurance regulations.
Black taxi insurance is completely different to regular, and as such there are a number of factors that need to be considered before a black cab can be insured. Because it’s a vehicle for hire the insurance needs to cover not only the driver but also the passengers, so public liability cover is vital in the event of an accident.
It’s also essential for drivers to consider the extras that should be included in a black taxi insurance policy, such as breakdown assistance, a replacement cab and even legal and medical cover. It’s also a good idea to look for policies with quick response and claims processing times, meaning you can get back to work as quickly as possible so you don’t lose out no matter what the issue is.
Make sure to consider things such as voluntary excess, as you don’t want a claim to dig into your profits too much. Look at what no claims bonus you can get as well, and always be on the lookout for a great deal to get the best cover you can.
Black taxi insurance has a number of things that make it unique, and as such you’ll often find that you’ll have to pay more for the privilege. But, the level of cover will far outweigh the price you have to pay, and you can work knowing that you’re completely covered.
As you can see, there are a number of factors that need to be taken into consideration when getting black taxi insurance. Make sure to look at all the options to make the right insurance decision.