Private Taxi Insurance - The real cost of being a taxi owner operator
Just like Hackney Carriages, the costs of getting your private taxi fleet on the road will vary depending on the local licensing authority you are dealing with. Bear in mind, however, if you plan to sit at the controls of a taxi fleet, you will need to pay for operator, driver and vehicle licenses before you can get your Certificate of Compliance from the council, which allows you to start taking bookings.
Private Taxi - getting your licence
A private hire operator’s license costs anything between £250-£300, while a license for your vehicle will range from £75 to £300. A license for your drivers will cost between £25 to £200. Meters are not compulsory for private hire cars, but if you choose to use one, they must be checked and sealed by your local council.Private Taxi - finding the right vehicle
Customers today expect your cars to be clean, tidy and fairly spacious, so having your taxi firm’s telephone number on the side of a rusting Rover is not advisable. The age of your vehicles needs to be considered – it can be difficult to get private taxi insurance on vehicles over ten years old, and many licensing authorities have set age limits on private hire fleets.
Private Taxi Insurance
Insurance is a legal requirement and appropriate insurance cover is an essential part of any private hire taxi business. Cars, drivers and third parties eg passengers must be insured, with special private hire taxi insurance. It may also be worth getting your operating centre and any equipment such as radios and Sat Nav systems covered too. You can compare private taxi insurance broker online, with many now providing quotes and cover for private taxi's on a weekly, monthly or annual basis.Get a taxi insurance quote online
Private hire, Taxi and Mini Cab Insurance
