How many vehicles count as a fleet?

Fleet policies are usually available once you have two or more vehicles, although each insurer sets its own minimum.

Which types of vehicle can I insure under a taxi fleet policy?

A taxi fleet policy can usually include any vehicle in your taxi business, such as black cabs and minicabs used for private or public hire.

Who can drive on a taxi fleet policy?

It depends on the policy. Some allow any driver your business authorises, subject to conditions such as age and licence history, while others only cover named drivers.

What's the main advantage of fleet insurance?

Having one policy and one renewal date can save a lot of admin compared with insuring each vehicle separately. Some insurers may also offer better terms for insuring several vehicles together.

Taxi

Taxi fleet insurance

Taxi fleet insurance puts two or more taxis under one policy. What it can cover, the details you'll need and how the levels of cover compare.

If you run a taxi business with several vehicles, every one of them needs insurance before it goes on the road. Insuring each car separately can be time-consuming and hard to keep track of, which is why many operators put all their vehicles under one taxi fleet policy.

Taxi fleet insurance is available for all kinds of taxi businesses, so whatever mix of vehicles you run, they can usually be covered together.

A fleet policy can cover a range of things, including loss or damage to your vehicles, breakdown, replacement vehicle costs and help with legal and medical costs after an accident, depending on the cover you choose.

With Kompare, you fill in a short form and a specialist FCA-authorised broker from our panel contacts you to talk through your fleet and quotes. You can read more on our taxi insurance and fleet insurance pages, or see how we work.

What details do I need to provide?

When you ask for a quote, you'll usually be asked for the following.

Details of the vehicles

You don't need to know the exact model of each taxi. Registration numbers are normally enough to look up the details.

No claims bonus (NCB)

You'll be asked about your no claims history. Your current insurer can give you proof if you need it.

Named drivers

If the policy covers named drivers, you'll need their personal and licence details.

Licence details

You'll be asked what type of licence each driver holds and how long they've held it.

Previous claims

You'll need to say whether there have been any accidents or claims in the last five years.

Driving convictions

If any driver has penalty points or disqualifications, you'll need to give the full details.

What are the different levels of cover?

When you take out taxi fleet insurance, you'll choose one of three levels of cover.

Fully comprehensive

This is the highest level of cover. It includes everything in third party, fire and theft, and also covers damage to your own vehicles, even if an accident was your driver's fault.

Third party, fire and theft

This covers you if your driver is responsible for injury to other people, including passengers, or damage to their property. It also covers your vehicles if they're stolen or damaged by fire. It won't pay for repairs to your own vehicles after an at-fault accident.

Third party only

This is the most basic level of cover and the minimum required by law. It pays for injury to others and damage to other vehicles and property, but there is no cover for your own vehicles.

Not sure which cover you need?

If you're unsure which level of cover suits your business, get in touch and we can help with any questions.

Does this not sound like you?

If you drive a single black cab, minicab, hackney carriage or private hire vehicle, our taxi insurance page covers individual drivers too.