Howden Insurance
If you are a professional taxi driver, ordinary car insurance simply won’t cut it. Whether you drive a black cab, a private hire minicab, or a minibus, you’ll need specialist taxi insurance to stay legally covered and protected from fire, theft, or accident damage.
Why You Need Taxi Insurance
Taxi drivers are on the road more and face specific risks. That’s why it’s so crucial to choose a policy that is right for your work. You’ll need to consider:
- How much will it cost?
- What’s included?
- Do I have specific requirements?
The good news? You don’t need to do this alone. Taxi insurance brokers are experts at matching you with the optimal cover at the best price.
Are Taxi Insurance Brokers Worth It?
Yes — if you prize peace of mind. Choosing the right taxi insurance can be daunting. Brokers help by:
- Sparing you money and time.
- Finding policies that are right for your individual circumstances.
- Making you fully and legally covered.
How Do Taxi Insurance Brokers Work?
While agents are tied to one insurer, brokers shop the entire market for you. They consider policies from different insurers and recommend the best one to you based on your situation. You do not buy the insurance from them—you are referred to it, and the insurance provider issues the policy.
How Do They Obtain Quotes?
Brokers will ask questions to tailor the ideal quote to you, such as:
- How long you have been driving and taxi driving.
- The type of taxi you drive.
- Where you work and park your vehicle.
- Your working hours, car modifications, and installed security.
- Your claims history and no-claims bonus.
They compare the market and decide on the best policy for you from this.
How Do Brokers Make Money
Most brokers earn commission from insurers—a standard 7.5% to 15% of the premium. This won’t necessarily be an extra cost to you, as you’re not paying them. Most brokers, including Howden, have deals with insurers, so they can do a better deal for you.
Benefits of Working with a Taxi Insurance Broker
- Time-Saving: You won’t be entering the same information all over again. Brokers do everything for you.
- More Choice: Brokers have access to a wide panel of providers, giving you more choice and better value.
- ✅ Specialist Cover: Brokers understand your unique risks and ensure your policy reflects them.
- ✅ Expert Advice: Brokers work for you and offer unbiased support, regulated by BIBA.
- ✅ Claims Support: Brokers help you manage the claims process and speak to insurers on your behalf.
Tips to Reduce Your Taxi Insurance Bill
- Choose a smaller vehicle.
- Avoid unnecessary modifications.
- Increase security with immobilisers, CCTV, and dashcams.
- Provide accurate information.
- Decline extras you don’t need.
- Build your no-claims bonus.
- Park in secure locations.
- Pay annually instead of monthly.
Why Choose Howden Insurance?
At Howden, we’ve been helping taxi drivers get the right insurance for years. Our team understands your needs and is ready to assist—whether by phone or in-person at your local branch.
Let us help you drive with confidence, knowing that you are fully covered.