Best Taxi Auto Insurance – Compare & Get Covered!

The number of people who use taxis in the UAE as a means of transportation is increasing each year. Take Dubai as an example. According to a report in 2023, there were around 46 million taxi trips in Dubai alone, and the number of taxis in the city has been estimated to be around 12,000. As you can see, taxis are quite common and popular among UAE citizens. This could be due to their 24/7 availability or people finding them reliable and safe.

As a taxi owner, you must know that having insurance UAE is a legal requirement. The most important step for you is to choose a trusted and convenient insurance provider. That’s where Lookinsure plays a significant role in your journey to find and select the best plan for your taxi car insurance. Lookinsure is the most reliable option for you when buying taxi insurance online. Lookinsure offers you a wide range of options for any taxi model you can imagine with peace of mind. Whether you own a Toyota Camry or a Kia Optima, Lookinsure guarantees support for your taxi auto.

Tailored Insurance Solutions for Taxi Car Insurance

In the previous section, I mentioned flexibility and affordability as two perks of Lookinsure. Let us elaborate on the range of coverage you offer for your taxi auto insurance

Comprehensive Taxi Car Insurance

As you can tell from the name, this one gives you extensive protection. It is handy for a wide range of incidents in which your vehicle might be involved, such as road accidents, theft, fire, or natural disasters. If you’re looking for full protection for your taxi on the road, this is an option Lookinsure suggests.

Third-Party Taxi Auto Insurance

Our customers like this option because of its practicality and affordability. It ensures your vehicle has the basic coverage that is also legally mandatory. It provides third party liability insurance. In other words, it will cover you in case of damages or injuries to third parties, whether human individuals or property. We suggest this option to owners who want to keep their taxi car insurance prices low but still care about their basic coverage.

Taxi Gap Insurance

Let's use a real-life example to understand this better. Imagine you purchase a taxi, such as a Toyota Camry, for AED 100,000, and you still owe AED 70,000 on your loan. Unfortunately, the taxi is involved in an accident, resulting in a total loss. Under a standard car insurance Dubai policy, the insurance payout would be AED 50,000, while your remaining loan balance is AED 70,000. This creates a gap of AED 20,000.

Without financial protection from Taxi Gap Insurance, you would have to cover this AED 20,000 yourself. However, if you opt for this insurance, you won’t need to worry about the shortfall.

Add-ons for Taxi Cars

You're in the right place if you’re looking for something more. Certain additional options will bring you more financial support and peace of mind. This is one of the advantages of Lookinsure—extra items that make your taxi vehicle insurance customizable. Let’s see a list of these add-ons, and remember that this is just a few of them:

• Roadside assistance: Helps you if you are stranded on the road and your car breaks down
• Consumables cover: Covers the cost of consumable parts used in repairing your car
• Protected no claims
• Engine protection cover: If a mechanical issue comes up with your car's engine, this will save you money
• Breakdown cover: Helps you in case your breaks down becuase of mechanical or electrical issues
• Key replacement cover: Covers you in case you lose the keys to your car

Cost of Insurance for Popular Taxi Models in the UAE

To estimate the cost of taxi insurance in the UAE, you must consider many factors. Let me elaborate on the elements involved.

Model of the Vehicle

It’s important to note that expenses differ by model. Whether we are talking about commercial vehicle insurance for taxi or private hire taxi insurance, each model has its pricing. Getting taxi insurance quotes will help you compare prices.

Type of Coverage

Each coverage option you choose will have a different price. The full coverage option is a little more expensive, while the third-party coverage is more budget-friendly. Additionally, if you consider add-ons for your insurance plan, that will also affect the final price.

Personal Factors

Other than the factors you personally choose, other things directly affect your taxi car insurance price, such as your driving history or experience.

If you want more information about your taxi model, you can get taxi insurance quotes from Lookinsure’s website.

Buy and Renew Taxi Auto Insurance Plans with Lookinsure

As mentioned before, Lookinsure provides a straightforward path to get what you want without wasting time or energy. Here is a step-by-step guide for purchasing your ideal taxi car insurance online via Lookinsure:

1. Visit Lookinsure’s website for the “Taxi Auto Insurance” section. Select it.
2. Enter the details related to your vehicle and the type of coverage you prefer.
3. Compare taxi insurance quotes and see which suits you. Select the one that matches your preferences and situation.
4. Pay online. The good news is that you will receive your policy via email once the payment is made. Easy.

The steps for auto taxi insurance renewal are very effortless. You need to follow a similar process.

1. Go to your Lookinsure account and review your profile. You can find information about your previous policy there.
2. Choose the policy you want to renew and update the details if necessary.
3. Online payment is made on a very safe and secure platform.
   There you go. You get a confirmation immediately after the payment is made.

Top Taxi Car Insurance Providers in the UAE

Lookinsure works with the best insurance providers in the United Arab Emirates. Here are some of the best ones:

Documents Required for Taxi Car Insurance

The main required documents for getting taxi vehicle insurance in the United Arab Emirates are as follows:

• A driving license
• Mulkiya (copy of your taxi auto registration card)
• Emirates ID
• (In certain cases, a police clearance certificate may also be needed)

Investing in a taxi vehicle is a wise decision. It’s also important to ensure the financial security of your taxi auto as a taxi owner in the UAE. Lookinsure provides budget-friendly assistance so you can get what you need without going through time-consuming processes. Our personalized plans will guarantee your financial safety when it comes to your taxi auto. We are always here to support you.