Inflation has been on the increase in recent months due to a number of factors such as higher food prices, increased interest rates and having to spend more money to fill your car up with fuel. Unfortunately, the cost of car insurance has also been heading in an upward direction for quite some time and this may mean that the cost of insuring your taxi could also rise. produce a quarterly index relating to car insurance premiums in the UK and the latest one reveals that the cost of insuring a family saloon car has increased by an average of £4 per annum to £554 per annum in the second quarter of 2022. In the last 12 months premiums have gone up by an average of £32 per annum.

Therefore, it may be worth spending some time checking to see if you can get your taxi cover cheaper elsewhere when you receive your annual renewal notice. A number of people possibly don’t pay too much attention to their renewal notices which have to quite clearly state how much they have been paying in the last year and how much their premium is going to be for the next 12 months.

It really doesn’t take long to compare how much you could be paying for taxi insurance. A great way of doing this is to use a price comparison website. It is quick and simple to provide the required information to produce a taxi insurance quote online enabling you to make a balanced decision as to whether it is worth moving your cover to another provider.

You will be pleased to read that we provide access to an extensive panel of specialist taxi insurers offering competitive premiums and excellent levels of cover. So, why not get in contact with us at your earliest convenience with a view to getting a quotation without any obligation to proceed. We very much look forward to hearing from you.