Cover for Industry Equipment
Taxi insurance may extend to protect essential industry equipment like meters, GPS systems, or in-car cameras, safeguarding against theft or damage.
Personal Items
Taxi insurance may offer coverage for personal items left in the vehicle by drivers or passengers, providing reimbursement in case of theft or damage, ensuring peace of mind for both parties.
Emergency Repairs
Some taxi insurance policies include provisions for emergency repairs, facilitating prompt fixes for mechanical issues to minimize downtime and maintain uninterrupted service for customers.
New Vehicle Replacement Cover
In the event of a total loss, such as severe damage or theft, taxi insurance may offer new vehicle replacement cover, ensuring replacement with a similar model.
Total Loss - Encumbered Vehicles
For financed vehicles, cover may be provided for total loss, settling any outstanding loans or finance agreements in case of irreparable damage or theft, preventing financial strain on the operator.
Funeral Expenses
In unfortunate incidents resulting in fatalities, taxi insurance may cover funeral expenses, easing the financial burden on the family and ensuring dignified arrangements.
Locks and Keys
Coverage for locks and keys can be included, reimbursing the costs associated with replacing or repairing locks and keys if they're damaged or lost, enhancing security measures for the taxi.