The taxi profession is not a peanut to eat, but it comes with great responsibility. Before driving the taxi on road, you should make sure that you have made the right decision, and this will not have a financial and legal negative influence on your personal premises. One such action to cover yourself is by having your taxi insured.
The Public Hire Insurance is as much mandatory as the private hire insurance. Driving cab requires a big investment from your pocket plus you must stay on roads for longer durations. Driving on roads means you will face legal, financial, employment, health and life risks. Therefore, insurance is the best tool to save yourself from all driving hazards.
Cab Insurance is more than Just a Financial Liability
The insurance covers the cab and driver and the insurance team is always there to help you out in case of accidents or other legal matters. You can choose the insurance plan of your choice and pay for the quotes that are most affordable for you.
The insurance companies realize your position as a driver; thus, they try to help you out by dealing with all uncertainties. They also offer to pay for the tax liabilities in their plans. It is quite understood that the roads are busy, and a driver can encounter other drivers and side walkers unintentionally. Therefore, the insurance team shows up at right time to rescue you from this unpleasant situation.
The insurance companies also offer discounted plans and bonuses to the drivers that can be availed either based on your performance on the roads or by attaining good scores in driving tests. The insurance can also be claimed 24/7 in United Kingdome thus you do not need to be in the queue to file and claim full fleet and accident coverage. The companies often have their branches across the United Kingdome so that you can contact your nearest branch in case of emergency.
Cab Insurance Eligibility Criteria
Since insurance is there to cover you from non-faulty accidents, but insurance firms try their best to keep the irresponsible drivers away from the roads. You must meet following standard criteria so that the company can approve an insurance plan for your cab,
- You are legally allowed to work in the United Kingdom
- You have held a driving license for a specific duration (usually 12 months) in mandatory states of United Kingdom
- Your social credit score is very good
- You have no criminal record according to Disclosure and Barring Service
- You may have to pass a medical examination
- You must pass a language, traffic rules or another knowledge test
- You also must pass a driving test