Should I Compare Taxi Insurance Online?

Insurance comparison sites. They’re everywhere. And they have a tendency to make over-inflated promises of ‘comprehensive insurance you won’t find anywhere else!’ This is not always the case, especially when it comes to taxi insurance comparison sites. When you compare taxi insurance online, you are effectively being delivered some of the cheaper options, potentially from insurance sites that don’t necessarily have the right expertise or experience when it comes to tailoring a taxi insurance policy to your needs.
Here are some of the reasons why you may want to reconsider a taxi insurance comparison service online, and instead choose a specialised broker that will offer you a detailed policy that is catered to your requirements.

Lack of Expertise

If you compare taxi insurance quotes online, you may not be seeking out the experts. Instead you may find that your search returns general insurance sites that don’t necessarily have the expertise to help you find the taxi insurance that covers your requirements. Whether that’s public liability insurance for your taxi office, or private hire insurance for your entire taxi fleet that also covers breakdown, a generic insurance provider may not necessarily be able to provide you with the right advice you need to ensure your business is fully covered from all angles.
An experienced and specialised taxi insurance provider will have all the knowledge required to help you find the policy you need. They can help you to follow all legislative requirements as a taxi driver, as well as provide you with valuable advice on additional options you may not have considered for your policy, such as a replacement taxi in case you’re involved in a collision that keeps you off the road, and out of work.

A One Size Fits All Approach

When you use a taxi comparison site, you may find that they offer taxi insurance at a good rate, which is ideal, right? Not necessarily. With a general insurance provider, you are much less likely to be offered a taxi insurance policy that flexes with your specific business needs.
A specialist taxi insurance provider will be able to offer you much more flexibility when it comes to building your taxi insurance policy. Do you require wheelchair accessible insurance for taxis? Or temporary taxi insurance with flexible payments? A specialist will be able to offer you these additional services, and add-ons to your policy. A quote found via a taxi insurance comparison site may be fit for one purpose only, and that purpose may be much further from your needs than you think.

Limited Add-Ons

When your vehicle is your livelihood, it’s important to protect yourself with a comprehensive policy that covers all bases. That may mean that you require specific additional cover as well as your basic taxi insurance policy. This could include taxi breakdown cover, a replacement taxi vehicle option (even if you’re at fault during a collision), WAV insurance, public liability insurance…. the list goes on. When you compare taxi insurance online, it is likely that the quote you receive covers the cost of a taxi insurance policy, but only up to a point. You may have to search separately for additional cover, which will not be included in the cost of your basic policy. This means more time – time that you don’t have – having to search for each specific element of cover that you require.

A specialist taxi insurance provider will do all the leg work for you. If you require additional cover, it will be added to your existing policy, and it will be tailored to your requirements. It will be issued by someone who will be able to offer you guidance on the cover you need according to legislative requirements, as well as any additional protection you may require for your business. Moreover, a specialist provider will be able to assist you directly if you ever have to add supplementary cover to your policy. You won’t be passed from pillar to post and you won’t be passed over to someone who has no idea what your business requirements are.

Think again before you compare taxi insurance online. Granted, the comparison sites deliver quotes at a speedy rate, and it seems like the most efficient way of getting a taxi insurance quote online – but in the long run, it may not be the best way of getting a taxi insurance policy that is flexible, tailored to your business requirements, and handled by experts with years of experience in the taxi insurance industry.

Looking for taxi insurance from a specialist provider? With over 30 years’ experience providing customer with custom-made policies, Cover My Cab can offer you the right guidance when it comes to organising your taxi insurance. Contact us today for more details.

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