Taxi insurance
Black Cab Insurance
cover for purpose-built hackney cabs, where the vehicle itself is the unusual part
Hire and reward cover for a purpose-built hackney carriage. The specialist vehicle affects repair times and replacement cost, while the licensing city shapes the work and the rating.
- Purpose-built taxis
- Specialist repair considered
- City hackney work
- FCA authorised and regulated
Quick answerA black cab is not an ordinary car with a plate on it. It is a purpose-built vehicle with a limited number of specialist repairers, a long working life and a high replacement cost, and all three of those shape the insurance more than the driving does. Tell us the cab and the city, and specialist UK brokers can come back with quotes.
Driving a saloon hackney? Our public hire insurance page covers hackney work generally.
At a glance
Six Things About a Purpose-Built Cab
What sets a black cab apart from an ordinary licensed vehicle.
- The vehicle is specialist
- Few repairers, longer waits
- Replacement cost is high
- Check the settlement basis
- Work is concentrated in cities
- Ranks, hails and short fares
- Accessibility is built in
- Which is part of the value
- Cabs work long lives
- Age limits are set by the council
- The plate has a value of its own
- Separate from the vehicle
The basics
What a Purpose-Built Vehicle Changes on the Policy
The hire and reward side is the same as any hackney. What differs is the thing being insured: a vehicle built for one job, repaired by a handful of specialists.
The vehicle itself
Purpose-built, and valued as such.
Repair and parts
A narrower network than for cars.
Passenger liability
Carried throughout.
City work
Ranks, hails and short journeys.
Age and condition
Councils set limits.
Downtime
Longer repairs mean it matters more.
How it works
What Happens Between Asking and Being Quoted
It is a quick form. The care goes into the licence and the work pattern, because those are the fields an underwriter reads first.
Say what you drive
And under which licence.
Name the drivers
Badge dates matter as much as age.
Describe the work
Rank work, street hails, bookings, account work or airport runs.
Compare properly
Cover level, excess, downtime and recovery.
What it covers
The Sections Behind a Purpose-Built Taxi
Standard hackney cover, with the vehicle side mattering more because a specialist cab is slower and costlier to put right than a saloon.
| Section | Where it sits | What to know |
|---|---|---|
| Liability to others | Included at all levels | The part that cannot be removed |
| Fire and theft | Higher levels | Overnight arrangements are rated |
| Accidental damage | Comprehensive | Repairs to a black cab |
| Passengers | Throughout | The defining feature of the cover |
| Windscreen | Usually included | A common and quick claim |
| Replacement vehicle | Optional but useful | Downtime is the real cost |
| Public liability | Often bundled | Outside the vehicle as well as in it |
Ask how long a repair is likely to take. A specialist vehicle waiting on a specialist part is off the road longer than a saloon would be, which makes the replacement vehicle question sharper here than anywhere else in the trade.
What it leaves out
The Costs That Fall Outside the Cab Policy
The cover is for licensed work. What follows sits outside that, and it is short enough to be worth reading properly.
Driving while the licence is lapsed
Renewal dates matter more here than most trades.
Use that has not been declared
Including courier or delivery work.
Parts that simply fail
Age and mileage are not insured events.
Downtime after a claim
Unless you have bought cover for it.
People not on the policy
Shift cover has to be arranged properly.
Repairs outside an approved specialist
Some policies restrict who may work on the cab.
Kinds of cab work
Rank Work, Account Jobs and the Night Economy
A cab earns three or four different ways in a week, and the balance between them tells an insurer more than the vehicle does.
Rank work
Stations, airports and city centres.
Street hails
The traditional trade.
Account and corporate work
Regular, booked, daytime.
Night economy fares
Late hours, short journeys.
Accessible and assisted journeys
Wheelchair and mobility work.
Tour and event work
Longer hires, by arrangement.
Working in London on a PCO licence? See London PCO insurance.
Who it suits
Who Drives a Purpose-Built Cab
Cab driving tends to be a long career rather than a short one, partly because the licence takes effort to get and the vehicle costs real money.
City cab drivers
Owning the vehicle outright.
Rented cab drivers
Working somebody else’s vehicle.
Accessible transport drivers
Mobility and assisted work.
Account drivers
Corporate and contract fares.
Airport and station drivers
Rank-based work.
Part-time cab drivers
Shifts around other work.
Running several cabs? See public hire fleet insurance.
Purpose-built or saloon
A Purpose-Built Cab vs a Saloon on a Hackney Plate
Both can be hailed. They differ in what they cost to buy, to repair and to replace, which is where the insurance difference sits.
| Purpose-built | Saloon hackney | |
|---|---|---|
| Vehicle cost | High | Ordinary car money |
| Repair network | Specialist and narrow | Any competent garage |
| Accessibility | Built in | Sometimes converted |
| Working life | Long, by design | Shorter |
Comparing hackney cover generally? See public hire insurance.
Cost
Why the Vehicle Matters More on a Cab
The cab itself, the city, the driver, the hours and the claims record. We do not print average premiums.
Why replacement cost leads here
A purpose-built cab costs considerably more to replace than a saloon, and the comprehensive section is standing behind that figure, so the declared value does real work in the rating.
Why repair time is part of it
A narrow repair network means longer waits for parts and for slots, which raises both the cost of a claim and the value of a replacement vehicle arrangement.
What the quote is rated on
The main factors
- The vehicleAge, model and valueBase
- City workedThe licensing authorityRate
- DriverBadge years and recordRate
- HoursDay, night or mixedRate
- Claims recordRecent yearsAdjust
Check the settlement basis
Market value can disappoint.
Price a replacement vehicle
Repairs take longer here.
Park it securely
A cab is recognisable.
The details
Four Things a Cab Driver Should Settle First
A short list, but the one that matters. An insurer will look at these first if you ever have to claim on a black cab.
Keep the licensing in order
Badge, plate and any operator licence.
List everybody who drives
Relief drivers included.
Disclose the full record
Undeclared points surface badly.
Use an approved repairer where required
Some policies name who may work on the cab.
Quote checklist
Gather This Before Quoting the Cab
This is the whole list. With it in front of you, a black cab can be quoted in a single conversation.
Licence type and authority
Rank work, hails, account jobs, night work or airport runs.
Drivers and badge dates
Experience counts here.
Vehicle and adaptations
Wheelchair access, meters, signage.
Overnight address
A driveway, a garage, a street or a cab yard.
Convictions and claims
Recent years, in full.
Sections needed
Including downtime cover.
Comparing
Two Quotes, Side by Side on the Cab
A lower price is only better if it does the same job. Check these before deciding.
The numbers
- Cover level and excesses
- Liability limits carried
- Cost of adding a second driver
The people
- Who may drive under the policy
- Badge and licence conditions
- How convictions have been rated
On this cover specifically
- Replacement vehicle provision
- Approved repairer required
- Settlement basis
Ask how a total loss would be settled. Cab values do not track ordinary cars. Unfamiliar terms are explained in our plain English jargon guide.
Cutting costs
Paying Less on the Cab Next Year
The levers are secure parking, clean years, cameras and the excess. We publish no savings figures.
Keep it off the street
A plated cab is easy to spot.
Fit a camera
Useful on night fares.
Build clean years
The strongest lever there is.
Review the declared value
Both ways cost you.
Maintain it properly
Condition affects settlement.
Compare every renewal
Specialist vehicles are priced inconsistently.
Glossary
Black Cab Cover in Plain English
The words that come up when the vehicle was built to be a taxi.
- Hire and reward cover
- The use class for carrying fare-paying passengers.
- Private hire licence
- For booked work only, arranged through a licensed operator.
- Hackney licence
- For rank and street work as well as bookings.
- Driver licence badge
- Issued by the council after checks and usually a test.
- Vehicle licence plate
- Issued by the council after inspection.
- Passengers carried
- The number the vehicle is licensed for.
- Public liability
- Injury or damage away from the driving itself.
- Loss of licence cover
- A separate arrangement, not part of the motor policy.
- Excess
- What you pay towards a claim before the insurer contributes.
- Overnight address
- Where the vehicle is kept, which the insurer rates.
Why MyMoneyComparison.com
Why Cab Drivers Compare Through MyMoneyComparison.com
MyMoneyComparison.com is an FCA-authorised UK comparison service that introduces taxi operators to specialist brokers. We do not sell insurance and we do not give advice: the broker you choose arranges the policy. Using us is free.
One form, one business
Describe the business once, instead of repeating yourself to each broker.
Advice given
We are an introducer, not a broker. We do not sell policies and we do not recommend one insurer or product over another. Read our editorial policy.
Authorised and regulated
MyMoneyComparison.com Ltd appears on the FCA register under FRN 916241.
Incorporated
A UK company since 2013. FCA authorisation is separate and later; the register carries its date.
FAQs
Black Cab Insurance FAQs
Answers on purpose-built vehicles, repair costs, plate value and city work.
Is a black cab more expensive to insure than a saloon?
Often, because it costs more to replace and takes longer to repair. Against that, cab drivers tend to be experienced and long licensed, which pulls the other way.
How is a total loss settled?
On market value unless something else is agreed, and cab values do not track ordinary car prices. It is worth asking whether an agreed value is available before you need to find out.
Do I have to use a specialist repairer?
Some policies require an approved network, and for a purpose-built vehicle that is usually sensible anyway. Check it, because it affects how quickly you get back on the road.
Is a replacement vehicle worth adding?
On a cab, more than most. Repairs take longer because of the specialist parts and the narrow network, so the section that keeps you earning is worth the cost for many drivers.
Does the plate itself get insured?
Not by the motor policy. The plate has a value in areas where numbers are limited, but that is a licensing asset rather than something the vehicle cover responds to.
Can I rent my cab to another driver?
Where the council permits it and the insurer knows. Every driver has to be on the policy, and a cab worked in shifts is rated differently from one driven by its owner alone.
Are accessible features covered?
They form part of the vehicle, so they are included in the declared value. On a purpose-built cab the ramp and restraints are simply part of what the vehicle is.
Does age stop a cab being insurable?
Not usually. Cabs are built for long lives and councils set their own age limits, so an older well-maintained cab is a normal risk rather than a difficult one.
Can I work on a private car policy?
No. Carrying passengers for payment is excluded, so the policy would not answer a claim made while you were working. It is the single most common and most expensive misunderstanding in this trade.
Will it cover the school run and the shopping?
Where social use has been included, which is usual but not universal. Ask directly, because a quote written for hire and reward alone leaves your own driving out.
Are the people I carry insured?
Passenger liability responds to injury to them, and it is carried at every level of cover. It is the section that distinguishes a taxi policy from an ordinary one.
How are convictions treated?
They are rated rather than automatically refused, and specialist insurers deal with them every day, though the choice of insurer narrows as the record grows. What causes real problems is failing to mention one and having it emerge after a claim.
What covers me while the car is repaired?
A replacement vehicle section, or loss of earnings cover. Neither is standard, and for a driver whose income stops with the vehicle they are usually worth more than a small saving on the premium.
Why does overnight parking matter so much?
Because that is where the vehicle spends most of its life. Theft and damage risk attach to the address, so describe the actual arrangement rather than calling a street a driveway.
Can I put another driver on?
Yes, and shift working is normal in this trade. Each driver is rated separately, so adding a newly badged one will move the price more than adding an experienced one.
Does the type of work change the rating?
It does. Pre-booked work, rank work, airport runs and app jobs produce different journey patterns, and insurers price the pattern rather than the badge on the door.
Ready when you are
Put the Cab to Specialist Brokers
Tell us the cab and the city. Specialist UK brokers can then come back with quotes. Free to use, with no obligation to buy.
- Purpose-built and accessible taxis
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- FCA authorised and regulated
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About this page
This page explains UK cover for purpose-built taxis: what a specialist vehicle changes about repair and replacement, and how city hackney work is rated. It is general information rather than advice. Policies differ between insurers, so read your own documents and put the questions raised here to your insurer or broker.
How we approached this page
- Published UK taxi policy summaries
- Purpose-built vehicles, repair networks and city licensing
- Financial Ombudsman material on motor insurance complaints