How can you get a License for PCO Car?
If you have purchased your own vehicle for private hire services, then
you must fulfill the following requirement. Your vehicle must be not older for
more than four years and meet the standards at the time of licensing.
Inspection Process:
Before applying for a PCO London car hire service or your own
vehicle, your vehicle must inspect by TFL.
Your insurance documents should be completed. Your vehicle should be in
modified form along with documents of modification of car and any other
documents such as VIVA. All licenses for PCO hire are issued for one year.
Insurance Policies for PCO Cars:
Insurance premiums are higher for private higher taxi or cars. As it
drives more miles and covers more distance so the rate or chance for the
accident is also high. These policies provide different cover that fulfills the
different needs in case of an accident for passengers and drivers. There are
taxi specific insurance covers such as:
Public Liability Insurance Cover:
This insurance policy will cover you if the passenger suffers from any
injury and damage of property in the accident and covers all legal
compensations and claims because of it. This is a standard policy for mostly
taxi but does not involve in all covers.
Personal Usage Cover:
Go for this cover if you use your
vehicle day today when you are not working. If you want to allow your partner
to drive your taxi, then check the rules about the unregistered drivers using
the plated taxi.
Mileage Cover:
As a taxi driver, you drive more miles than a normal vehicle driver. By
getting the mileage cover you do not need to pay extra for much traveling.
First, check the miles you cover within a year before getting this policy as it
is efficient or not for you.
The
cost of taxi insurance policy is greater than the cost of the normal vehicle or
car the reason is that: taxi cars are larger than normal cars or vehicles and
carry out the more passenger than a normal car. The best way to reduce the cost
of insurance cover is that compare all the companies’ insurance covers and
policies to get the best one. Because most car insurance companies or brokers
do not provide the covers for taxi insurance. You can also cut down the cost of
your premiums by providing the no-claim record. For this choose a secure and
sensible vehicle that fulfills all security aspects of drivers and passengers.
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