Increasing cost of motoring provides new opportunties for Taxi trade
The taxi trade is moving away from the traditional passenger monopoly
of businessmen and the elderly to, people on a night out, the school
run have become common fare for the taxi driver. With 32% of the population
uses a taxi at least once a month the taxi trade employment half a
million people as drivers for minicab and hackney carriage firms.
Getting behind the wheel as an independent taxi driver
If you are just starting out in the taxi trade or an old hand, the cost
of setting up is not insignificant
•
New black cabs cost £25,000 - £27,000
•
In London, a Taxi driver is required to pass The Knowledge, which has
a one off fee of £100.
•
Taxi driver medical examination costs between £60 and £80.
• A good mini cab requires good quality second-hand saloons for private
hire vehicles.
• Remember: Taxi insurance quotes on a car over ten years old can be difficult
to obtain
Starting your own Taxi fleet
Before it is possible to take bookings for a taxi fleet, it is necessary
to purchase licences for the drivers, cars and operator in order
to acquire a Certificate of Compliance. The drivers' licences will
range
from £25
up to £200, and the licence around £75 to £300. The
licence for the operator ranges between £250 and £300.
Taxi Insurance Quotes
Comparing taxi insurance quotes enables you to finding out exactly what
cover you need. Taxi firms must insure the cars, drivers and third parties:
the passengers. Separate private hire insurance available for minicabs
Taxi insurance policies
Taxi insurance products differ between insurers, but be aware that
some will only insure taxis under the classification of "commercial
vehicles".
There are several taxi insurance brokers that are dedicated taxi
and minicab insurance specialists, they offer benefits including:
Taxi Insurance quotes online for
•
Fully Comprehensive Taxi Insurance
•
Third Party Fire and Theft Insurance
•
Taxi and minicab insurance cover
•
Windscreen repair
•
Legal expenses

TAXI
INSURANCE QUOTES - FOR UK MINI CAB AND HACKNEY CABS