A few unscrupulous taxi drivers choose not to have Nottingham taxi insurance, but this can be a severe and costly mistake. To make sure you don’t fall into the same trap, here are a few consequences of not having taxi insurance Nottingham.
First up, you’re breaking the law. Not having Nottingham taxi insurance before you start work is a criminal offence, and if you don’t have any you’ll be subject to criminal charges and will lose your licence so you can’t work.
Next you have to think about the fact that it will be incredibly hard to find work if you don’t have Nottingham taxi insurance, and that applies whether you want to operate a public or a private hire vehicle. You have to show proof of your insurance before you can start work, so it’s essential that you have adequate cover in place before you begin.
Then there’s the issue of finances. While it may seem cheaper to not have Nottingham taxi insurance, the financial consequences can be much more expensive than if were to just pay your premiums in the first place. If you’re involved in an accident you’ll be personally liable for any costs incurred, and if a passenger is involved too then those costs can skyrocket and you’ll be liable to even more criminal charges.
You’ll also lose out in other areas, such as you won’t be able to get windscreen cover, replacement car cover or breakdown assistance, so if you’re stranded on your way to Nottingham Castle you’ll be on your own. And you certainly won’t get loss of income protection, so if you lose your job because of it (which you will) you’ll have no backup plan.
As you can see, there are a lot of consequences of not having Nottingham taxi insurance, both in terms of criminal consequences and the financial ones. It makes much more sense to have Nottingham taxi insurance in place, so don’t run the risk of being caught without it and make sure that you’re completely covered.
Insurer | Outstanding Features | Quote |
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Private and public hire vehicles single or fleet cover, Bonus earning schemes available, 3, 6 and 12 month policies, Flexible Payment Options, Cover available nationwide, Minibuses, MPV and coach cover. £100 cashback or free breakdown for new customers! Terms and Conditions may apply. | Freephone Quoteline 0800 466 1989 |