Taxi Insurance from Massachusetts Specialists

Roger Keith & Sons

What is taxi insurance?

Driving a taxi anywhere comes with certain risks, and all the more so when navigating Boston’s busy streets or the Northeast’s icy winter roads. Taxi insurance won’t prevent drivers from being in accidents or other things happening. If a Massachusetts taxi driver is ever in an accident, though, having insurance could provide valuable financial protection.

Taxi insurance provides tailored commercial auto coverage for taxi cab operators. Policies can provide a variety of important coverages, and cab drivers may customize coverages for their needs.

What Massachusetts drivers should be carrying taxi cab insurance?

Most taxi operators in Massachusetts will find that taxi cab insurance best suits their coverage needs. Policies generally meet state requirements and offer many additional protections.

This includes both companies with fleets of cabs and owner-operators who run just a single cab.

Can limousine operators get taxi cab insurance?

Limousine operators have many of the same coverage needs as taxi operators, and a taxi cab policy might indeed meet a limo operator’s coverage needs. The same is true for black-car drivers, executive transport services, and other professional for-hire cars.

Before purchasing a taxi cab policy, however, limo operators should confirm that a taxi cab policy does have all of the coverage they want. An insurance agent specializing in taxi cab policies can check coverages.

Do rideshare drivers need taxi cab insurance?

Taxi cab insurance is generally for professional for-hire drivers. Even if rideshare drivers work full-time, they still usually aren’t categorized as traditional professional for-hire drivers.

For this reason, a taxi cab policy usually isn’t the right choice for rideshare drivers. They’re likely better off exploring coverage options through rideshare platforms, a personal auto policy endorsement, or a rideshare insurance policy.

What coverages do taxi cab policies come with?

The protections that taxi cab policies offer can vary, but policies generally offer extensive coverage options. Some coverages that might be included as standard or optional features are:

• Standard Commercial Auto Coverage, which may insure operator-owned vehicles, fulfilling state mandates and possibly including additional auto protections.
• Hired and Non-Owned Auto Coverage, which may insure vehicles operated by employees or those that are rented, meeting state mandates and possibly including additional protections.
• General Liability Coverage, which may insure against standard non-auto related incidents leading to injury or property damage.
• Inland Marine Coverage, which may insure belongings while they’re in transit, often covering luggage, personal effects and other belongings.
• Business Interruption Coverage, which may insure against revenue losses stemming from qualifying disasters that have long-term impact.
• Commercial Property Coverage, which may insure a dispatch location that companies with fleets have.
• Commercial Umbrella Coverage, which may give supplemental protection in cases of substantial liability claims against the policyholder.

Do taxi cab policies cover accessibility modifications made to vehicles?

Coverage is readily available for taxi cabs that have ramps, lifts or other accessibility modifications. 

Because coverages can vary between policies, though, it’s important to make sure that a chosen policy insures these modifications properly. An experienced insurance agent can help review coverages, and choose a policy that has coverage for accessibility modifications.

How much does it cost to insure a taxi cab?

The cost of insuring a taxi cab can vary substantially, depending on the car, location served, driver’s history and many other factors. To find out how much insuring their cab or fleet would cost, taxi operators can compare policies with an independent insurance agent. 

An independent agent can request custom quotes from several insurance companies, making it easy to see how much each company would charge. The policy with the best coverages and rates can then be chosen.

How can cab operators in Massachusetts get taxi insurance?

For help insuring a taxi in Massachusetts, contact the independent insurance agents at Roger Keith & Sons. Our agents have helped many for-hire drivers find insurance for their vehicles and businesses, and we have the expertise necessary to help you find the right taxi insurance for your cabs.