Taxi Insurance

Taxi Insurance

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Common Types of Insurance

 

Primary Liability 

Primary Liability Insurance coverage protects you from injury or damage to others as a result of an accident.

 This coverage is mandated by state and proof of coverage is required to be sent to them. Pricing is dependent on region, driving records, and history of the Taxi operation.

 

Physical Damage 

Physical Damage insurance: Covers the repair or replacement of the Taxi in event of a collision, fire, theft, hail, windstorm, earthquake, flood, mischief, or vandalism to your owned vehicles.

Premium is based on the value of your equipment. This coverage is optional and may be required by the lien holder of your vehicle.

 

Uninsured/Underinsured motorist

This is a coverage that you purchase on your auto insurance policy that covers injury that is caused to you and your passengers if you are involved in a non chargeable accident with a motorist that does not have insurance. This also covers underinsured motorist protection in case you are hit by a driver that does not carry enough coverage to over your bodily injury.

 

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