How much does taxi insurance cost? The cost of taxi insurance depends on a number of things, including your age, type and size of car you drive, annual mileage and the area where you plan to drive. But according to Compare the Market data, 51% of taxi drivers could achieve a quote of up to £1,829 a year.
Do taxis need special insurance?
Taxi insurance is a specialist insurance policy designed to cover you and your vehicle. As a taxi driver your car is essentially your business and so comprehensive insurance is crucial in order to protect your livelihood.
Can you drive any car with taxi insurance?
Driving alternative vehicles
Unlike comprehensive personal motor insurance cover, comprehensive taxi insurance does not protect you if you drive another vehicle with comprehensive cover.
What insurance do I need to be a taxi driver?
Do taxi drivers need Public Liability Insurance? Public Liability Insurance, or Taxi Liability Insurance, protects you and your business against any claims of injury or damage to property by someone in your care. Having this cover can prove invaluable, when you consider the risks you’re exposed to as a taxi driver.
How much is taxi insurance in UK? – Related Questions
Can I use my own car as a taxi?
To operate your vehicle as a taxi or private hire vehicle (PHV) you need to get it licensed. There are different ways for you apply depending on whether you’ll operate: outside London. inside London.
Do I need my own car to be a taxi driver?
Self-employed taxi drivers usually need to own a vehicle, so you’ll find a range of buying and leasing options available online. Alternatively, if you work for a private hire firm, they may have a fleet of vehicles available to use.
Why is taxi insurance so expensive?
Why is taxi insurance so costly? Private hire taxi insurance is more expensive than conventional cover because taxi drivers complete more miles than other motorists, and often do so in congested conditions.
What insurance do you need for private hire?
Private Hire insurance is specifically designed for drivers who are licensed to carry passengers for hire and reward, but must be pre-booked with a private hire operator. If you drive passengers for a living, standard insurer’s car insurance policies are not adequate and you need a specialist motor insurance policy.
How much is uber car insurance UK?
The cost of insurance for Uber drivers varies depending on the level of cover you choose, your driving history and the type of vehicle you own. On average, private hire drivers with a good driving record can expect to pay around £180 for a 30-day policy, or £1,600 for an annual policy.
How old can a car be for a taxi?
Between 1 November 2021 and 31 October 2022, vehicles that are older than 12 years will be ineligible for licensing. Transport for London’s (TfL) latest figures, from 31 August 2021, show that 1,228 vehicles will be over 12 years of age and will not be eligible for licensing from 1 November 2021.
How much is taxi licence UK?
Taxis
| Licence type |
Fee |
| Driver Licence (first application) three year licence
|
£254.00 (Made up of Non-refundable search fee £180 and Licence fee of £74). Online payment |
| Driver Licence (renewal) renewable 3 yearly |
£254.00 (Made up of Non-refundable search fee £180 and Licence fee of £74). Online payment |
How do I become a successful taxi driver?
To become a successful taxi driver, you will need to get the proper training and certification, own your own taxi or work for a taxi company, and provide quality customer service while keeping you and your passengers safe.
How old can a taxi be in UK?
Taxi age limit/maximum operating age (years)
| Date effective |
Euro 3, 4 and 5 diesel taxis |
Newly converted LPG taxis |
| From 1 November 2021 |
13 |
15 |
How much do taxi drivers get paid UK?
The average taxi driver salary in the United Kingdom is £35,000 per year or £17.95 per hour. Entry level positions start at £26,000 per year while most experienced workers make up to £46,800 per year.
Are taxis exempt from MOT?
The legal requirement is that all taxis should be subject to an MOT test or its equivalent once a year.
How do I become a private taxi driver UK?
You’ll need to:
- complete a driving skills assessment.
- have a full UK or EU driving licence, held for at least 12 months, or 3 years if working in London.
- pass background checks.
- pass a medical check.
- be over 18 but over 21 in some areas, including London.
Is it worth being a taxi driver UK?
Did you know that experienced private hire taxi drivers who work an average of 40 hours per week can expect to make around £30,000 per year? This is according to the National Careers Service. If you’re prepared to put in the work and be available during unsociable hours, you can see your profits reach new heights.
How long does it take to get a taxi licence UK?
To become a taxi driver, it usually takes between 12 and 16 weeks if you apply directly to your local authority. If you decide to take a college course before applying for your taxi driver’s licence, you’re usually looking at a couple of days to complete a Level 2 NVQ.