Protects you if you are sued in connection with the operation of your taxi or fleet.
Essential for every taxi operator. In some Australian states, public liability is compulsory.
Cover you for property damage, body injury or death to passengers/ third parties whilst your vehicle is stationary.
Covers your vehicle when stationary.
Solid claims payment history backed by QBE.
Rapid issue of a certificate of currency.
Covers cost of repairs or replacement of your vehicle and potentially others in the event of accident, damage or theft.
Tailored cover (covers your taxi and any third-party vehicle) OR just third-party property damage (TPPD). Your choice.
Excess options range from $1,000 to $10,000; however, new operators are not eligible for the $1,000 excess option.
Cover for taxi accessories, up to maximum sum insured of $15,000, inclusive of fitting/de-installion costs.
Solid claims history backed by QBE.
Personal accident covers drivers for any injury sustained during working hours only, including travel directly to and from place of work.
Protection for drivers from age 18-80.
Capital (lump sum) payout up to $250,000 for drivers up to 70 years of age, if they can no longer drive, because of an injury,accident or death.
24/7 protection available. Can also cover drivers for injury outside of work hours including the weekend. (*Subject to terms and conditions of the policy)
Includes dental cover up to $2,000 per person.
Solid claims history, backed by QBE.
Specific exclusions may vary according to the type of cover you have. However, there are some general things that motor vehicle insurance solutions typically do not cover.
These include:
Cover through TIAIB offers additional options to further protect you in the event of an accident.
You bet. When you’re driving all day, the chances of accident are higher.
Passengers are getting in and out of your vehicle, with the potential to injure themselves. If they do, and you’re at fault, it could mean legal action and the costs associated with that, as well as any damages that result.
Or you could sustain an injury yourself. If you can’t work, your income could dry up, or you could face the stress (and costs) of legal action from another party.
Public liability is a must have to meet your industry standards. This insures you against damage to other people or property while your taxi is stationary.
Motor vehicle insurance insures you against having your vehicle stolen or damaged. It’s your source of income, so it makes sense to protect it.
Personal accident cover means that if you or your driver sustains an injury, during working hours only, including travel directly to and from place of work, or if you’re disabled and can’t drive, you’ll have an income and be able to pay the bills. (*We recommend you check with your local taxi regulator taxi council for your obligations)
We have a specific policy for rideshare drivers, which covers your rideshare business and you personally as well. Check out our rideshare cover.
The cost of your cover depends on a variety of factors: the amount and type of cover you need, the size of your business and type of work you do. The fastest way to find out how much it might cost is to get a quote.
In most cases, you’ll be covered for personal use of your vehicle. Just make sure to read the product disclosure before you do so.
Demurrage cover is an insurance provision that compensates for the loss of income or revenue when a vehicle is out of service due to repairs or damage. This coverage helps mitigate financial losses during the period when the vehicle is unavailable for use, ensuring that the business can maintain its cash flow while waiting for repairs to be completed.
Marsh Advantage Insurance Pty Ltd (ABN 31 081 358 303, AFSL 238369) (“Marsh”) arranges the general insurance (i.e. not the Discretionary Trust Arrangement) and is not the insurer. This page contains general information and does not take into account your individual objectives, financial situation or needs. For full details of the terms, conditions and limitations of the covers, refer to the specific policy wordings and/or Product Disclosure Statements available from Marsh on request. Marsh makes no representation or warranty concerning the application of policy wordings or the financial condition or solvency of insurers or re-insurers. Marsh makes no assurances regarding the availability, cost, or terms of insurance coverage. Any statements concerning actuarial, tax, accounting, or legal matters are based solely on our experience as insurance brokers and risk consultants and are not to be relied upon as actuarial, accounting, tax, or legal advice, for which you should consult your own professional advisors. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). Any advice or dealing in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226 827) (“JLT”). JGS and JLT are businesses of Marsh McLennan. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions.
LCPA 25/260
