What type of insurance do taxi drivers need?

What type of insurance do taxi drivers need?

Taxi drivers typically need commercial auto insurance, which covers liability, collision, and personal injury.

Is there a difference between personal and commercial insurance?

Yes, personal insurance covers private use of a vehicle, while commercial insurance is designed for business use, like transporting passengers.

What happens if a taxi driver doesn't have insurance?

Driving without insurance can lead to fines, legal penalties, and financial liability for accidents.

Can taxi drivers get insurance through rideshare companies?

Yes, many rideshare companies offer insurance options for their drivers, but it's important to check the coverage details.

How can I find the best insurance rates for taxi drivers?

You can compare quotes from different insurance providers online, or consult with an insurance broker who specializes in commercial policies.