Category Archives: Taxi Insurance

Everything You Need to Know About Driving a Black Cab

Driving a taxi for a living can be a great way to make a living. You’re constantly meeting new people and don’t have to be stuck behind a desk all day.

If you’re considering becoming a black cab driver then you should find the information below extremely useful.

Minimum requirements

In order to become a black cab driver, there are certain minimum requirements you’ll need to meet. Although these can vary, in general you’ll need to –

  • Be at least 21 years old
  • Have a full UK drivers licence
  • Be eligible to live and work in the UK

In addition to this there are also medical requirements you must meet in order to work as a black cab driver.

Getting a licence

Black cabs are public hire vehicles. This means that unlike private hire vehicles, they can display a ‘taxi’ sign on the cab and also be hailed from the street. This being the case you need to apply for a public hire taxi driver’s licence in order to work as a black cab driver.

The requirements for getting a licence vary from one city to the next. Assuming you want to become a black cab driver in London, the requirements are –

  • You must be of good character – You will need to submit to a criminal background check in order to apply for a taxi driver’s licence in London.
  • You must be medically fit – You will also need to undergo a medical exam with someone who has access to your medical records in order to show that you’re physically fit enough to work.
  • You must pass the Knowledge – The Knowledge is a notoriously difficult competence test that all London black cab drivers must pass. In order to pass you must show that you have an intimate knowledge of all of London’s roads and landmarks.  Although the Knowledge is unique to London, every council will require you to take some kind of competence test in order to work.

Getting insurance

In order to work as a black cab driver, you’ll need to have the right insurance in place. There are many insurance providers who offer black cab insurance so finding the right policy shouldn’t prove too difficult.

A couple of good ways to save money on black cab insurance are –

  • Getting a lot of quotes – Getting quotes from a lot of different insurance providers is one of the best ways you can save money on black cab insurance. is one such site that enables you to get quotes very easily.
  • Paying for your policy annually – Another good way to save on the cost of your insurance is to pay for the policy upfront rather than monthly.

A Guide to Taxi Insurance for Taxi Firms

If you run a taxi firm then you’ll know that getting the right policy at the right price is vital.

Below are the different types of taxi insurance that are available as well as some ways to save money.

Types of taxi insurance

  • Road risks – Road risks cover is the minimum level of protection needed in order to make your taxis road legal. Any taxi insurance policy will have road risks covered included. You can choose from a third party only policy all the way up to fully comprehensive.
  • Fleet insurance – Fleet insurance is a very useful type of cover for taxi firms since it enables you to cover all the vehicles that you own under the same policy. This applies to vehicles of different values as well as different vehicle types.
  • Liability cover – Liability cover is something that every taxi firm should have in place. If one of your drivers were to be involved in incident where a member of public were injured or killed; or even just felt they were wronged in some way, you could end up facing a liability claim.
  • Legal expenses – If you did have a liability claim filed against your business then you’d need to fight it in court if you didn’t want to settle. In this case you’d want to know that you can afford the legal expenses. This is why this is such a useful type of cover to have.

Ways to save money on taxi insurance

  • Get a fleet policy – Fleet insurance usually works out being cheaper than insuring vehicles individually in most cases. Even if you only have a relatively small fleet, it’s still worth considering a fleet policy if you want to save money.
  • Hire good drivers – Hiring good drivers is another way to save money on taxi insurance. Generally the best type of drivers to hire are those who are over 30, have plenty of driving experience and have no convictions.
  • Pay annually – You can also save money on taxi insurance by paying for your policy annually rather than monthly. This isn’t affordable in all cases but most insurance providers will offer you a discount for paying in this way.