Liverpool Taxi Insurance
Compare taxi insurance policies from leading insurers, including;
Why compare Taxi insurance with MultiQuoteTime?
MultiQuoteTime understands how time-consuming and often frustrating it can be to get multiple insurance quotes from a range of fast. – Especially when you could be on the road earning money
That’s why MultiQuoteTime has partnered with Quotezone to provide you with fast access to multiple quotes, with the option to filter results to only those that meet your insurance requirements. Get started by simply completing one easy form to obtain multiple quotes – and it’s 100% free!
MultiQuoteTime helps you to quickly explore multiple taxi insurance options by simply completing one online form – saving time whilst reducing stress!
What types of taxi Insurance are available in Liverpool?
There are 3 different types of taxi insurance, and they include:
1. Private Hire Insurance
Private hire insurance is designed for drivers who hold licences to transport pre-booked passengers in exchange for payment. Taxi drivers who work for ride-hailing operators like Bolt and Uber fall under this motor insurance category. Other sub-categories under private hire insurance include chauffeur insurance, which is a specialist insurance product for drivers who operate luxury hire and reward services.
2. Public Hire Insurance
Public hire insurance, sometimes called black cab insurance, is essential for drivers operating vehicles licensed as Hackney carriages to transport fare-paying passengers. Unlike private hire taxis, public hire taxis do not require pre-bookings and are legally permitted to pick up passengers from the street. Some insurance providers may include minibus insurance under this category, while others may offer a specialised product for it.
3. Taxi Fleet Insurance
If you are operating a taxi rank or operate multiple taxis, consider taking out a taxi fleet insurance policy, it should work out cheaper, and it will definitely reduce your administration overheads. Most if not all taxi fleet insurance providers will also offer generous discounts as you add more taxi cabs to your fleet.
3. Decommissioned Taxi Insurance
Decommissioned taxi insurance is for drivers who no longer use their vehicles as taxis. Whether you have sold your taxi, retired, or stopped using the vehicle for taxi services for any other reason, you must inform your insurer when you decommission your taxi so they can make the necessary changes to your policy.
Depending on how you operate your taxi, these insurance types could be sole driver policies (for only the driver), named driver policies (for different people named on the policy, if more than one person operates the cab), or any driver policies (common among private hire companies for employed drivers). There’s also the taxi fleet insurance that allows you to cover more than one taxi under the same policy.
Guide to Liverpool Taxi Insurance
Driving a taxi in Liverpool can be as profitable venture, but it comes with some level of risk. As a taxi driver, you’ll typically spend more hours on the road, drive late nights, and pile up more miles than standard drivers. This makes you prone to damages and requires you to protect yourself, your passengers, and your business through taxi insurance.
Taxi insurance is a specialised insurance that provides coverage for both you and your vehicle for your hire and reward services. This insurance safeguards you, your vehicle, and your business from potential damage or injury claims filed by passengers or the general public.
Depending on how you operate your taxi, these insurance types could be sole driver policies (for only the driver), named driver policies (for different people named on the policy, if more than one person operates the cab), or any driver policies (common among private hire companies for employed drivers). There’s also the taxi fleet insurance that allows you to cover more than one taxi under the same policy.
What levels of cover are available in Liverpool?
Liverpool taxi insurance usually has three levels of coverage, including:
Who provides Liverpool private hire and taxi insurance??
Most high street insurance agents can provide you with this type of cover, but also check out the specialists providers in this niche. These include Acorn taxi insurance, Bells, Freeways, Westminster, Paton’s, Aviva taxi insurance and Haven among others.
How does taxi insurance in Liverpool differ from a car insurance policy?
Taxi cover typically carries a higher cost compared to car insurance. This difference in cost stems from the likelihood of increased accident risks, primarily because taxi drivers log more miles on the road than the majority of regular motorists. In addition to the extended mileage, taxi drivers often operate larger vehicles that fall into higher insurance rating categories.
For individuals who work as taxi drivers, standard car insurance is insufficient to ensure adequate protection of yourself, your vehicle, and your passengers. If you engage in hire services, it is essential to secure a suitable annual or monthly taxi insurance policy.
Taxi Insurance Companies & Private Hire Insurance Providers in Liverpool
| Insurance Provider | Address | Taxi & Taxi Fleet Cover Available? | Private Hire Insurance Available? |
|---|---|---|---|
| Acorn | The Lighthouse,98 Liverpool Road,Formby,MerseysideL37 6BS | ||
| Patons | Unit 9 Connect, Business Village, 24 Derby Road, L5 9PR | ||
| Britannia Taxis | 1 Stockbridge LaneLiverpool, L36 3SA | ||
| Sep Insurance | 10 Berry Street, Bootle, L20 8AT, Merseyside Liverpool, United Kingdom |
What is the average cost of taxi insurance in Liverpool?
The cost of taxi and private hire insurance varies with providers and depends on factors like the type of policy that you would like, your driving record, the value of your vehicle, and your service area, among others. However, you can reduce the cost of your policy through the following ways:
- Through discounts and bonuses: Certain insurers offer discounts to drivers who meet stipulated conditions. You can also use your no-claims bonus to earn a discount on your taxi policy.
- Avoid modifications: Vehicles with modifications may increase the cost of your insurance because they make the cab attractive to thieves.
- Choose a higher excess: Opting for a higher excess can potentially lead to a reduced premium, as it implies that in the case of a legitimate claim, the insurer would be responsible for a smaller payout.
- Remove unnecessary add-ons: Take a moment to evaluate whether you truly need all the additional features, like breakdown assistance, legal protection, and windscreen coverage. Frequently, you have the choice to eliminate any extras, which can result in cost reductions.
With the right insurance, you’re sure to get the best protection for your taxi business.
The table below summaries the range of hire and reward services and the range of taxi vehicles that can be insured with the panel of specialist insurance providers provided by SEOPA
| Taxi types | Cover Available |
|---|---|
| Public hire taxi | ✓ |
| Private Taxi | ✓ |
| Chauffeur | ✓ |
| Taxi Fleets | ✓ |
| Minibus and Multi Purpose Vehicles (MPV) | ✓ |
| Saloon and estate taxis | ✓ |
| Wheelchair Accessible Taxi Vehicles | ✓ |
| Hackney Carriage | ✓ |
Which local taxi authorities can I get a quote for?
Taxi insurance available in all UK locations including
Helpful Links:
Licensed Taxi Drivers’ Association – A membership group for taxi drivers, the LTDA is also a support group for those that work in the trade.
National Private Hire Association – The NPHA is an organisation that provides useful support and help for cabbies everywhere.
MultiQuoteTime works in partnership with SEOPA Ltd to provide for our customer base a comprehensive online insurance comparison service. This gives our customer access to a panel of specialist public and PHV insurance providers that can provide cover for all taxi authorities, including the following :
- Updated: 02 March 2025
- Reviewed by Eamonn Turley Insurance Expert