Pay as you go Taxi Fleet Insurance

Pay as you go taxi insurance is a new way of insuring your vehicles – the policy and costs are based on your mileage. If you are driving fewer miles than previously, a flexible policy will work for you.

A flexible PAYG policy is worth considering – we’ve already seen some taxi fleet operators reduce their premiums by 60%!

It depends on how much you drive.

Yes – If you are driving less than on your previous taxi insurance policy, fewer miles  (or fewer hours) are likely to reduce your risk. If you reduce your risk, your insurance premium should be lower. If you are driving less, consider a flexible policy for a cheap taxi fleet policy.

No – If you are still driving relatively high miles, then a ‘pay-per-mile’ type flexible insurance policy is less likely to work for your needs.

Yes. We offer policies for both public hire and private hire taxis. Whatever vehicle you drive, if you pick up customers for pre-booked fares, then we’ve got you covered.

Yes. If you are carrying customers in exchange for payment, you will need ‘Public liability insurance’ to protect you/your business against damage and legal claims against you.

Most insurers offer public liability cover – make sure this is included in your taxi policy. Our team will talk you through the requirements and costs/benefits of cover.

When driving a taxi, you will be in contact with members of the public. Suppose a member of the public claims an injury against you – in this case; you will need ‘Public liability’ insurance to protect you against the costs of defending the claims and compensation if a claim is successful.

The minimum number of vehicles required to make up a ‘fleet’ policy can vary across insurance providers. Flint can provide you with small, 2 vehicle fleet insurance policies up to 5 vehicle policies. As your fleet grows, we can offer policies that cover up to 400 vehicles.

For taxi fleets with more than 5 vehicles, speak to us about Motor Fleet Insurance.

We can provide policies to cover hackney carriages, private hire cars, Uber taxis, mini-cabs, taxi fleets and limousine vehicles.

Yes. Most taxi policies are created on an ‘Any Authorised Driver’ basis which means that as long as they have the permission of the insurance proposer, anyone who holds the necessary driver’s licence can drive the vehicles. This situation most often applies to sub-contractors. However, it’s important to remember that the onus is on the insured to carry out the usual driving licence and DVLA checks for convictions.

Placing restrictions on who can and cannot drive the insured vehicles will reduce the cost of a taxi insurance policy. For example, only allowing people over the ages of 25 with clean driving licences to drive your taxis would reduce the cost of your insurance premiums.

On some occasions, we will need to ask for a little more information on the insured drivers – if the insurance underwriter needs to know more details about the drivers on the policy and any motor convictions. Our brokers will advise you if the insuring underwriter requires more information to provide a quote and policy.

Just like regular car insurance, we offer three basic levels of taxi insurance:

Third party – provides the minimum level of cover to drive in the UK legally. Third party insurance covers your fleet for liability of injury to others (including passengers) and damage to third party property.

Third party, Fire and Theft – provides mid-level of cover to your vehicles. Third party, Fire and Theft cover offers additional cover for fire damage to your vehicles, theft or damage to your cars during a theft.

Comprehensive – provides the maximum level of cover. In addition to Third party, Fire and Theft, Comprehensive insurance provides cover for damage to your vehicles if they are involved in an accident or incident. Loss or damage to personal effects and medical expenses for anyone involved in an accident or incident involving your vehicles are also covered.

Yes. As part of the insurance policy, we can offer ‘personal effects’ cover for the driver’s personal belongings. Please ask us about vehicle contents cover when you speak with our advisors, and we will assess what level of personal contents cover will suit you best.

Yes. The ‘No Claims Discount’ (NCD) usually comes into play when setting up a taxi policy for the first time – you can use your personal no claims discount.

The type of client and vehicle make-up of a taxi business can vary widely. To select an insurance policy and quote that fits your needs, we need to speak with you to answer a range of important questions about you and your business. A member of our specialist commercial broker team will spend time talking to you to assess your unique insurance needs.

You can contact us via telephone on 0800 019 5974 (9:00am to 6:30pm Monday to Thursday, and 9:00am to 5:30pm on Friday). Alternatively, fill out the form on this webpage, and we will be pleased to call you back at a convenient time for you.

Once a specialist advisor has spoken with you and researched the best taxi or taxi fleet insurance quotes for your business, we will move quickly to confirm the insurance cover options. When we have mutually agreed on the best policy for you, we will action the policy with the insurance firm and confirm the cover with you. Once we provide you with the confirmation, your business will have immediate insurance cover.

The majority of insurance quotes from Flint are valid for 30 days. However, the validity period can vary across both insurers and insurance quotes provided. We will confirm the validity period when we provide you with a quote. If you do not take up the quote selected within the validity period, a reassessment of your insurance needs will need to be recorded. A new insurance quote will need to be established and may differ from the original, depending on changes within the insurance market.

If you already have a quote from another taxi insurance provider, please share this with us and ask us for a competing quote. As an insurance broker, we can negotiate rates on your behalf from a wide panel of UK insurers, often at preferable rates. We will endeavour to find you the same policy cover for a lower price.

Yes. Using telematics to monitor driver behaviour (such as speeding, braking harshly, cornering etc.) combined with good driving will ultimately reduce the number of motor claims. Additionally, we recommend in-vehicle cameras are installed to establish who is at fault and prevent fraudulent insurance claims.

The proper use of telematics and cameras will help to reduce the cost of your insurance by reducing the number of accidents and claims.

No. Whereas a private car policy will usually cover you to drive, say a neighbour’s vehicle, on a third party basis, this does not apply to taxi or cab vehicles.

Yes, your taxi policy extends to cover the use of your work vehicle for holidays or personal usage.

Yes. We can provide additional taxi base and building insurance cover for your trading address. Speak with us about this too, and we’ll find you a comprehensive policy that covers the risks and the building itself.

The cost of insurance premiums can vary significantly. A significant factor for the insurance firm providing cover is understanding the size of your business, the number and type of vehicles and drivers it uses, its trading nature and the risks it faces. Before they can quote, the insurance underwriters will want to know about the number, type and age of your vehicles, as well as the number of drivers, the mileages they drive, the nature of the job and any motor convictions. It is advisable to gather this information before you speak with us.