Taxi Driver Liability Insurance
There is no disputing the fact that taxi driving is hard work. You have to endure long hours, often deep into the night (or early in the morning) dealing with traffic, fluctuating gas prices, volatile customers, and varying weather conditions, amongst other things. There are also many risks involved. Unfortunately, car accidents are commonplace, particularly in the city. As the driver, you are responsible for riders in your taxi. In the event of an accident, if a passenger is hurt, you could be held accountable. However, there is a way to protect yourself.
Taxi liability insurance plans are available to cover you from a number of threats, including litigation resulting from an accident. Each plan can be shaped specifically to suit your needs (type of taxi, location, etc). Even if the accident isn’t your fault, a passenger might try to hold you responsible, so that opens your daily routine up to a world of liability. And while the business you work for might have insurance, there can still be gaps in how much they protect your liability in civil cases, which is why a taxi driver liability insurance plan is necessary no matter how safe of a driver you might be. With manageable premiums and fast quotes, you almost can’t afford to drive without one.
Authored by Rick J. Lindsey, President, Chairman, and CEO of XINSURANCE
Rick J. Lindsey hails from Salt Lake City, Utah. He began working in the mailroom of his father’s Salt Lake City insurance firm, getting his introduction to the business that became his lifelong career. Rick J. Lindsey quickly rose through the ranks while working in nearly every imaginable insurance industry job. As an entrepreneur, specialty lines underwriter, claims specialist, risk manager, and a licensed surplus lines broker, Rick J. Lindsey is highly skilled in all levels of leadership and execution. As he progressed on his career path, Rick J. Lindsey discovered an urgent need for insurers willing to write policies for high-risk individuals and businesses. He was frequently frustrated that he could not provide the liability protection these entities desperately needed to safeguard their assets. He also formed the belief that insurance companies acted too quickly to settle frivolous claims. Rick J. Lindsey decided to try a different approach. He started an insurance company and became the newly formed entity’s CEO. This opportunity has enabled Rick J. Lindsey to fill a void in the market and provide a valuable service to businesses, individuals, and insurance agents who write high-risk business. XINSURANCE also specializes in helping individuals and businesses who live a lifestyle or participate in activities that make them difficult for traditional carriers to insure. If you’ve been denied, non-renewed, or canceled coverage, don’t give up quite yet. Chances are XINSURANCE can help.
