You might be thinking of starting a taxi service of some type in London, but you should know that you are up against some rather heavy competition. One of the biggest problems you are going to run into is the presence of public hire taxis. The benefit of public hire taxis in London is that they will be able to park anywhere and be hailed on the street.
The ability to hail a cab on the street is not uncommon, but many people simply do not realise that this is a privilege enjoyed by public hire companies. Does this mean you cannot run a private hire company? Absolutely not! Does it mean you will have to work twice as hard if you want to be effective? Absolutely.
There are plenty of websites right now that offer insurance for your minicab fleet and as the owner you need to make sure it provides exactly what you need. For instance it would be a good idea to take out an insurance policy that will replace your vehicles in the event they are involved in a collision. You probably know at this point that there are several types of collisions, one of which being your fault and the other being the opposing driver's fault.
Finding an insurance company that will replace your minicab/s regardless of fault will go a long way in helping you to keep your cab company afloat, even in the midst of the private hire nightmare. In addition to that you will want to check for insurance that will replace or repair your cabs in the event they are involved in a single car accident. This will typically involve collision with an obstacle and to be perfectly honest, you cannot keep an eye on all of your taxicab drivers at once. They may choose to do something that you do not approve of and that you cannot condone as a company. If this were to occur, you may lose a cab and some insurance companies will not replace it.
Public liability is something else that you need to consider. When looking for your minicab insurance. Cab Services in Port Blair Without public liability you stand a fairly good chance of facing off against the public whether it is a former customer or a disgruntled employee. http://searchandaman.com/category/cab-services As a business you will make mistakes at some point and some of those mistakes could easily result in the end of your business as you know it.
