Having a no claims bonus is the holy grail of drivers everywhere. A few years of no claims under your belt can result in fantastic savings on your premiums, and if you’re about to make the transition to the taxi trade there’s no reason why you can’t make the most of those years of careful driving.
You may not have any experience as a taxi driver but taxi car insurance firms realise that a careful driver is a careful driver no matter what type of driving they do, and if you’ve built up a decent no claims bonus already they could easily offer you a discount on your new taxi insurance policy. You might even be able to completely transfer your bonus over to the new policy—it all depends on the firm you choose, but either way, you could look forward to some great savings whilst having a decent head start on your next run of no claims.
You might want to look into the option of protecting your bonus too. There’ll be nothing worse than building up years of no claims only for an accident or breakdown to see you break the chain because we all know how much premiums can add up once the bonus has gone and the claim takes its toll. That’s why a lot of insurance firms will give you the option of protecting your bonus, and although it’ll mean a slight rise in monthly premiums it could be more than worth it should you be involved in an incident later down the line.
Most insurance firms will be able to offer some kind of discount but as ever it makes sense to do your research. Make sure to see how much of a discount can be offered and always find out the level of no claims bonus they’ll be able to offer in the future, and once you’ve found a taxi car insurance firm that can meet your requirements you’ll easily be able to make the most of your years of careful driving with a no claims discount that can soon add up.