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Changes afoot in the taxi insurance market – but it’s mostly good news

July 31, 2012

By Phil Stafford, insureTAXI

Over the past 2 years there have been mass changes to the taxi insurance market. Insurers have come and gone, prices have increased, but the good news is that we are now seeing stability within the market. This means good news for insureTAXI and more importantly, great news for our customers.

Our exclusive schemes within the market allow us to accommodate for every taxi driver in the UK. Broadly speaking, this includes private hire, public hire, PCO, minibuses and taxi fleets. Chauffeurs are included within this remit.

We treat every customer on their own merit, whether you are local to our branch (and qualify for our local broker exclusive scheme), a new taxi driver looking for a 20% introductory discount, a 50% introductory discount for fleet drivers looking to set up on their own.

Or even those keen to utilise modern technology who are keen to earn 25% discount for the new telematics black box with free installation.

We are currently writing record amounts of New Business throughout our branches and our renewal retention is a fantastic 80%, a testament to our dedicated staff. I mean “dedicated” in two ways….dedicated to helping our customers but also dedicated taxi specialists who spend all day dealing with taxi insurance so know the market (and your challenges) inside out.

Our service is unrivalled in the market as we know the importance of our role in your livelihood. We can offer breakdown cover with onward travel for your passengers, we wouldn’t want them to miss a flight if you breakdown. Our breakdown cover starts at only £99 per year, which is a cracking price given the miles that plated vehicles do.

Accident management is covered so you can be back on the road on the same day with a plated vehicle. Earning money in today’s economy is crucial.

To summarise, insurance is much more than just having a document that allows you to drive on the UK roads legally – especially for a taxi driver who does 20,000+ miles per year.

Of course, we understand that you need competitive rates….but customer service is paramount, especially in the event of an accident or breakdown. That’s where our 24/7, 365 days a year replacement vehicles and breakdown cover really comes into its own.

You need to back on the road earning money asap and our best of breed insurance policies ensure that will happen.

Posted by Tim Crighton