SimplyQuoteInsightsTaxi InsuranceHow much does taxi insurance cost?

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.

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