When it comes to finding black cab insurance, there are a number of pitfalls and questions to ask – as operating a taxi in London is very different to operating a taxi in another UK city. This is due to the fact that London is one of the most cosmopolitan areas for taxi business and poses a high degree of risk in terms of damage or theft of your taxi.

The primary question to ask your prospective insurance provider is that does it include London as an area of insurance coverage? Some insurance companies will not cover or dramatically increase the premium for cabs operating in a high risk city such as London.

Looking at the policy itself, it is prudent to make sure that you are covered against all possible risks to your vehicle and your business. If you are not covered, then any time off the road may affect your earnings significantly.

The usual risks to black cabs include the risk of damage by customers to your cab – check that third party insurance will cover this. Other common risks involve the threat of fire and theft – of which coverage should be obligatory in black cab insurance.

In addition to general coverage, it is useful to look for a company that can be contacted for an insurance quote comparison using a variety of communication mediums such as email, phone or face to face. This will allow any queries to be answered or resolved quickly.

It is highly important to find the right black cab insurance company as it will ensure that your business and livelihood is well protected and taken care of at all times.