Private Hire Insurance

Private Hire car insurance, also known as Minicab Insurance is a motor insurance policy which specifically offers cover for taxi drivers where their local authority licence only allows them to take bookings for pre-arranged trips or contracts. Under a Private Hire policy you will not be covered for “plying” for hire on the street or at a taxi rank, for this you would need a Public Hire policy

Typically bookings will be made by a cab firm with the customer via a base office over the telephone and issued over a two-way radio or via a dispatch system, also private hire bookings can be made using mobile apps such as Uber, Bolt, Ola, ViaVan or Freenow

Alternatively you may have longer term contract bookings with local authorities or individuals and your policy will cover you for these.

Insurance for Private Hire use can be expensive. The reason for this is the generally the number of miles you’ll be driving compared to someone just using their car for personal use, as being on the road all day or night will significantly increase your exposure to accidents/incidents.

There is also the additional risk of injuries to your passengers which increases the average cost of a private hire insurance claim.

Driving in built up or highly populated areas such as London, Birmingham and Manchester will also mean a greater likelihood of accidents so premiums tend to be higher in these areas and lower in more rural areas and the countryside. CoverMy Cab offer great rates for Rural Taxi drivers

CoverMy Cab are experts in providing insurance for Private Hire and have been doing so for over 40 years. We’re committed to offering our clients the most affordable minicab Insurance.