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Taxi insurance — the driver's guide

A plain-English guide to taxi and private hire insurance for UK drivers — what affects your premium, the cover you need, and how drivers keep their costs down.

Plain-English guidance
What affects your premium
Private hire, hackney & fleet

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Before you buy

Taxi insurance guide

Private hire vs public hire

Private hire (minicab, Uber) covers pre-booked journeys only. Public hire (hackney) lets you pick up fares on the street. You must have the right licence for the cover type.

Cover levels explained

Third party only is the legal minimum. Third party, fire & theft adds protection against theft. Comprehensive covers damage to your own vehicle too — recommended for taxi drivers.

How to reduce your premium

Build up a no-claims bonus, add security devices, pay annually instead of monthly, and choose an EV — all can meaningfully lower what you pay each year.

Named drivers & fleets

Adding a second named driver can raise or lower your premium depending on their record. Fleet policies covering 5+ vehicles often save significantly over individual policies.