How much does taxi insurance cost?
Navigating the roads of the UK as a taxi driver comes with its own set of challenges. One of the foremost considerations is ensuring you have the right insurance. But what does that cost?
On average, a private hire taxi driver with a clean record might expect to pay between £180–£200 for a 30-day policy. Annually, this could be around £1,600–£1,800. However, these figures can vary. Factors such as your location, vehicle type, and driving experience play a role.
For instance, taxi insurance for private hire drivers can range from £1,500 to £3,500 per year. Newer or younger drivers might find themselves at the higher end of this spectrum.
In this guide, we’ll delve deeper. We aim to provide clarity on taxi insurance costs in the UK, helping you understand the variables and ensuring you get the best value.
What is taxi insurance?
Why is taxi insurance so expensive?
How can I lower the cost of my taxi insurance?
How do I compare taxi insurance quotes with Utility Saving Expert?
Chris is a personal finance specialist who founded Council Tax Advisors in 2012, assisting over 250,000 people with their Council Tax debt. Observing that many clients overpaid on utilities, he launched Utility Saving Expert in 2014, an energy price comparison site. In 2016, the platform expanded its services to include consumer and business insurance comparisons. Utility Saving Expert stands out with its commitment to social responsibility, donating 10% of net profits to fuel poverty charities, underscoring its dedication to both client value and community support.