When you are running your own taxi business, you need to do everything possible to keep your profits up. This means cutting costs wherever you can. Although you are definitely required to carry insurance, the insurance doesn't have to cut deeply into your business profits.You can get a great deal on your insurance, saving you money and helping you make as much money as possible from your taxi business. Insurance doesn't have to be that expensive....more
Private hire taxis are common in most UK cities and towns. These taxis work from a depot or a centralised area rather than drive around the streets picking and dropping customers.Clients call for the taxis from their lot to pick and drop them at prearranged locations after which they return to their base station, typically without picking up any passengers on the way unless it is another private client.For these taxis, private hire taxi insurance...more
Any taxi driver will always have the issue of insurance in his mind for the success of his business. Any good insurance policy should be able to protect the owner, driver, or the company in case of a calamity. Thus, an insurance policy should be tailor-made to suit the concerns and expectations of any potential policy seeker.A public hire taxicab contrasts from private ones by the fact that the latter operate through prior bookings for pick-ups or deliveries. Both types of cabs may be at centralised locations or depots, but the private ones will only operate as long as they have a prior appointment with a client. In addition, private hire cabs are not permitted to advertise or offer any indication that they are up for hire. The case is different with public cabs, such as the London black cabs, also referred to as Hackney carriages that display the 'For Hire' sign on the cars. You can thus stop one whenever you need it on the spot.Journeys or trips made by a private hire taxi have to be booked for in advance, thus as long as there are prior appointments, this type of taxi remains in operation. You cannot however, simply hail one of them at a moment's notice. Consequently, the...more
You may have thought of venturing into the private hire taxi business or perhaps you are already in business. It is no doubt one of the profitable businesses you can choose to venture in. With a private hire taxi, you do not have to operate it yourself especially if you are busy elsewhere, like if you have a job.All you need is a driver and you are...more
Check out what sports coach insurance policies are available and get a quote that you can afford and be happy with whether you are a sports coach or need personal trainer insuranceStay Protected with Coach Sports Insurance By: Seth Marston About the Author (ArticlesBase SC #3548813) Article Source:...more
The number of people choosing to use a taxi continuously grows as police forces up and down the country clamp down on drink and drug driving motorists. This is great news for taxi drivers who are struggling to make a viable business.One of the largest outlays for a taxi drivers is his cab, with the insurance following closely behind. However, as with any other type of vehicle insurance there are a number of proactive ways taxi operators can take when looking for the cheapest taxi insurance.* A clean driving license is undoubtedly the aspect which will provide lower premiums. Once you have driving offences and penalty points on your driving license expect to see the cost of the premiums soar.* Where you operate you taxi may also have an affect on how much the insurance will cost you. Taxis which operate in large towns and cities will probably pay more in premiums than rural taxi operators - this depends on which city and whether the area is renowned as a high risk area.* The make and model of your taxi will also have a huge impact on how much you pay. If you want the cheapest taxi insurance then don't drive a high performance or executive luxury vehicle, unless of course you're in...more
For people considering buying cars for private hire the first thing to clear even before registering your car for the business should be taxi insurance. It will delight you to know that the premiums for private hire taxis are the lowest in the...more
Many circumstances that may happen at any time and in any walk of life are beyond our control. Theft, fire, accident and such other damaging incidents are unpredictable. We need to protect our investments against these disastrous happenings....more
If you have been in a car accident, you may be wondering what the next step is. Filing an Insurance claim in Canada is fairly simple once you know the rules. There are somethings you should do to help your claim go through smoothly, and things you...more
Many businesses do not want to enter into either long term lease arrangements or buy new vehicles at a time of such economic uncertainty. Even though there is an additional cost of 20-25% per month, many businesses are opting to pay this in favour of...more
The financial world has suffered heavy losses over the last few years as we all know through the global economic downturn. And just as the UK banks thought it couldn't get much worse, thousands upon thousands of the UK population started to get wise...more
Insurance is an economic device where the individual substitutes a small certain cost(the premium) for a large uncertain financial loss(the contingency insured against) that would exist if it were not for the insurance.The primary function of...more