If you’re an independent owner operator of vehicles for hire, then you already know how important it is to have the right taxi insurance. That’s because, unlike other kinds of commercial vehicles that only haul cargo, your taxi is responsible for safely carrying passengers each day. It’s a big responsibility, and we can help.
At Girard Insurance Services, we provide America’s best taxi insurance to protect you and your family, as well as your passengers and your business.
What kind of taxi insurance will you need?
Depending on how and where you use your taxicab, you’ll need one or more different kinds of cab insurance, which we can combine into a customized, low-cost package to meet all your business needs.
Of course, most jurisdictions require at least a minimum amount of liability insurance to cover against damage or injury that you may cause to others and their vehicles during an accident.
And, you’ll probably want commercial vehicle insurance that covers your vehicle against damage and theft, as well as covering personal injury to you and your passengers following an accident.
It’s also important to consider having various other types of taxicab insurance. For example, if your cab is your only source of income, you’ll want to have business interruption coverage to make sure that breakdowns or accidents don’t affect your livelihood.
Requirements for obtaining cab insurance
Since carrying passengers for hire is such an important job, most jurisdictions set minimum requirements for drivers who seek taxi licenses and wish to obtain cab insurance.
For example, although local rules may vary, in order to obtain your first taxi license in most cities and states you’ll need to be somewhere between 25 to 65 years of age.
And, most jurisdictions won’t grant licenses or allow taxicab insurance for anyone convicted of certain felonies, including drug, alcohol or weapons charges. If you own a taxi company that hires multiple drivers, there may be additional licensing requirements.
Work with taxi coverage specialists
Because of the varying requirements, when you need taxicab insurance it’s best to work closely with taxi specialists such as the team here at Girard Insurance Services.
Whatever the requirements, we’ll make sure that you have the coverage needed to comply with local regulations at a price you can afford.
We can answer your questions, and we’ll create a custom policy to protect you, your taxi business and your passengers.
Most importantly, we provide the taxi industry’s quickest, most comprehensive claim services.
Contact Girard Insurance Services online, or call us toll free at 844-750-6003