Taxi drivers without a hire and reward insurance can face severe fines, points on their driving licence and even a ban from driving. All hire and reward vehicles that have been licensed for either private or public hire must have a taxi insurance policy in place. The consequences of not having a hire and reward insurance cover in place can be extremely costly for the licensed driver and even worse for a driver without a taxi badge and vehicle with no plate that is touting for business illegally.

All taxi hire and reward cars, mpv and minibus must be correctly insured prior to use on a public highway otherwise you are breaking the law. Even though this is a not a criminal offence it is still an extremely serious offence that is punishable by a fine and conviction points on your driving licence. In some circumstances even a ban from driving may also apply. Not only could this jeopardise your livelihood but also any chance of future work in the hire and reward industry may also be limited.

Without having a valid taxi insurance cover most taxi licensing authorities will not issue a plate Licence or a permit for the vehicle. Without a private hire / public hire plate your vehicle cannot be used for the purposes of hire and reward. In some circumstances there are exceptions to this rule. Further details can be obtained from your local taxi licensing officer.

Most taxi insurance companies offers easy monthly payment options for the annual policies. There are some insurers that also offer monthly and quarterly private hire and public hire taxi policies. There is no excuse for not having the correct insurance cover in place, not only can your jeopardise your livelihood but you can put other road users and members of the public at a great risk.

Whether you are licensed by Stoke City Council, London Public Carriage Office PCO or any other licensing authority in the UK you must have a taxi insurance policy if the vehicle is to be used for public hire. If the vehicle is to be use as a minicab and is licensed under a private hire Licence then a private hire insurance policy needs to be in place.

For a quote on taxi insurance or a cheap private hire insurance policy contact Active Insurance, the leading UK provider of hire and reward insurance cover for licensed vehicles.