What&039s the Average Cost for Taxi Cab Insurance? | OTTIS

Driving taxis is no walk in the park – it’s hard work that comes with some unique challenges and risks. excellent, comprehensive taxi insurance can give you invaluable peace of mind and protect your business, drivers, vehicles and customers while you work. It’s an important investment not to be taken lightly, but how much will it cost you?

See also: Cheapest Car to Insure for Teenager: Everything You Need to Know

Reading: How much does taxi insurance cost

key considerations for taxi insurance

The cost of taxi insurance depends on several important factors, including but not limited to the following:

1. the level of coverage you choose. More comprehensive taxi insurance coverage will cost you more, but keep in mind that this can minimize risks to you, your vehicle, your business and your customers, and pay off in the long run. There are typically three levels of taxi insurance coverage to choose from:

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