How Protect My Taxi Can Secure Car Owners in 2024

Protect My Taxi Blog

If you own a PHV or cab in the UK, you understand the need to find a trustworthy and affordable insurance company. You are also aware of the challenges in locating one that meets your styles and expectations.

There will be many changes and uncertainties in the taxi and PHV businesses in the coming years. The COVID-19 epidemic, the Brexit transition, new Clean Air Zones, and rising competition from ride-hailing apps will all impact your business and way of life.

Therefore, you require the best taxi insurance broker in the UK. On top of that, we are a specialised broker for taxi fleet insurance quotes that provides affordable and all-inclusive insurance options for drivers of all kinds of PHVs and taxis, including Uber and minicab drivers. Our experts protect your vehicle and future in 2024 and beyond.

This blog post will discuss Protect My Taxi’s primary features and advantages.

  • Safety and Security
  • Ease and Accommodation 
  • Money Saving Benefits

Add a few beneficial car-owner suggestions as well: 

  • Why should they consider becoming taxi or PHV drivers in 2024?
  • How to Protect My Taxi may assist them in overcoming obstacles and seizing chances in the business.
  • How to receive a quotation and compare pricing from the best taxi insurance companies in the UK.

Safety and Security

Both taxi drivers and passengers place a high priority on security and safety. Make sure your vehicle is covered from damage, theft, and impoundment. Keeping yourself and your clients safe from injury, abuse, and harassment is another goal.

According to the Department for Transport, 2,040 registered personal injury traffic incidents involving taxis and private health vehicles in the UK in 2020. Furthermore, according to a Suzy Lamplugh Trust survey, 31% of PHV and taxi drivers and 37% of respondents had both experienced verbal and physical abuse in the previous year.

To protect users, particularly young children and older people, the government adopted new required laws for the taxi and PHV businesses in England and Wales in 2020. These guidelines call for licencing authorities to consider the usage of CCTV in cars, as well as improved DBS criminal record checks for drivers every six months and driver safety training.

The purpose of these new regulations and legislation is to lessen the possibility of harm coming to young passengers and other susceptible groups, as well as to increase uniformity and transparency in the licencing process. They also want to safeguard the PHV and taxi industries’ professionalism and good name.

However, adhering to these rules and regulations may take time and effort. You must choose the best private hire fleet insurance company to fulfill the standards and safeguard your interests.

We work as a bridge to comply with new regulations and laws, to protect you and your clients, and to provide you with public liability insurance coverage of up to £5 million, legal assistance to recover your damages and losses following an event that was not your fault, and breakdown coverage that includes roadside, recovery, and home assistance.

Plus, we provide you with a label or sticker indicating that you are insured by us, which enhances your reputation and reliability as a dependable and safe taxi or PHV driver. It can also increase your revenue and bring in additional customers.

Ease and Accommodation

You should be able to give and receive goods and services that match your needs and tastes while remaining adaptable to changing circumstances. The availability, accessibility, cost, and comfort of PHV and taxi owners and customers are just a few of the varied needs and preferences that make flexibility and convenience essential.

A 58% rise from 2005, the Department for Transport projects that by 2020, there will be 291,800 licenced taxis and private hire vehicles (PHVs) in England. According to a report by the Centre for Economics and Business Research, the UK ride-sourcing market, including app-based services like Uber, is expected to grow by 33% between 2019 and 2024.

The increased demand for specialised and practical transport solutions, innovations and economic frameworks, and the move to more sustainable and cleaner transport drive emerging trends and possibilities.

When we are your friends, why do you worry? Because we give you cheap taxi insurance cost UK that covers all types of taxi and PHV operations, like Uber, minibus, private hire, public hiring, food and parcel delivery, and personal driving, we make it possible for you to offer your clients convenient and adaptable services and goods. You can get an authorised private hire replacement while the vehicle gets fixed.

It also gives users access to the most recent industry data, recommendations, and best practices for raising customer satisfaction, service quality, and productivity. We can help you fulfil your clients’ constantly evolving needs and stay one step ahead of the competition. Use our tailored solution to receive exclusive deals and savings from petrol suppliers, manufacturers and taxi booking services.

Money Saving Benefits

Your goal is to save as much money as you can on unnecessary spending while still getting excellent value for your money. Take note of the value of your savings to PHV or taxi owners and patrons, who have to cope with various costs like gasoline, repairs, maintenance, and insurance payments.

In 2019, travel made up £80.80 a week on average for households in the UK, or 14% of total weekly expenses, according to the Office for National Statistics. In addition, the average yearly cost of a taxi or PHV licence in 2020 increased by 4.6% to £340. The RAC Foundation conducted research in 2018 and found that the average annual cost of taxi insurance in the UK was £1,241, with variations between £887 in London and £1,787 in Manchester.

The basis of creative concepts and techniques for providing value while saving money are applying the latest and most recent trends and standards, comparing and handling terms and expenses, and using analytics and data.

That’s why we aim to save you money and increase value with our competitive and comprehensive customised insurance solutions. To achieve this goal, we provide quotations from the best UK taxi insurance carriers, allow you to compare taxi insurance UK features and pricing, and offer prizes and discounts for safe driving and excellent client reviews.

We also advise and aid in transitioning to electric or hybrid vehicles, which are becoming more prevalent and affordable in the UK. We are supporting you in lowering your environmental impact and fuel spending. Because environmentally friendly cars are less likely to be involved in accidents or cause damage, you may be eligible for a lower insurance cost.


Protect My Taxi is a reliable partner for PHV and taxi operators in bridging the gap between potential and hurdles in a dynamic sector. Our devotion remains unwavering in the face of altering legislation and volatile markets. Our competitive options demonstrate our commitment to value, the versatility of our tailored fleet plus chauffeur insurance policy, and the assurance of full coverage. We will protect your investments as the market evolves and support your journey to wealth and sustainability in 2024 and beyond.


  1. Taxi and private hire vehicle licensing best practice guidance for licensing authorities in England – GOV.UK (
  2. New standards to improve safety for taxi and private hire vehicle passengers – GOV.UK (
  3. Statutory taxi and private hire vehicle standards – GOV.UK (
  4. Taxis and private hire vehicles in the UK transport system: how and why are they changing? (
  5. Taxi and Private Hire Vehicle (Safeguarding and Road Safety) Act 2022 | Local Government Association
  6. Family spending in the UK – Office for National Statistics (
  7. New car mileage based on analysis of MOT data (