Unless you are a very fortunate taxi driver, it is quite possible that over the last 2 or 3 years business has been difficult for you. So, any positive news has got to be welcomed. Well, you may be interested to read that according to the Confused.com Car Insurance Price index premiums for car insurance have, on average, fallen once again.

The cost of fully comprehensive car insurance as at the 31st May 2025 amounted to an average of £757 per annum in comparison to £777 per annum as at the end of February 2025. That is a drop of £20 per annum. Whilst that may not seem a big reduction we are sure that you will agree every little helps. In fact premiums have been reducing regularly since December 2023 when they reached an average of £995 per annum.

There are numerous things that impact how much you are charged to insure your car such as your age, where you live, the make and model of your car, how many miles you drive each year, who is allowed to drive your car and your driving history i.e. do you have any penalty points on your license.

It will probably not surprise you to read that, on average, it costs more to insure young motorists. For instance, a 17 year old pays an average of £2,051 per annum whereas a 31 year old is charged an average of £992 per annum. As you can see this is a large difference.

If you happen to live in Inner London then on average you will pay more for your car insurance than anywhere else in the UK with premiums averaging £1,185 per annum. If you live in the West Midlands premiums averaged £909 per annum. If you reside in the North of England premiums averaged £651 per annum. The cheapest region is the South West with premiums averaging £515 per annum.

If you require a taxi insurance quotation then why not get in contact with us at your earliest convenience to obtain a competitive, no-obligation quote. We look forward to hearing from you.