For-hire livery insurance, also known as livery insurance, is a type of commercial auto coverage for vehicles that are used by businesses that generate revenue from transporting people. Businesses that incidentally transport people, such as hotels that offer a shuttle service, typically don't need for-hire livery insurance. Learn how the different types of livery insurance protect small businesses.
The most common types of livery insurance include:
Taxis provide transportation to the general public and are commonly found near large cities and airports. Traditional taxis don't usually offer pre-arranged transport, unless sent by dispatch, and often feature lighted signage and meters.
Taxi insurance can also protect vehicles that don't fit the description of a traditional taxi or black car service. This can include businesses that likely pre-arrange transportation but don't use a luxury vehicle such as a sightseeing tour company or an airport shuttle service.
Black car and limousine services are forms of pre-arranged luxury transportation. Livery businesses that make scheduled appointments with specific pick-up and drop-off locations usually need black car insurance.
Non-emergency medical transportation (NEMT) vehicles are used to transport individuals who need assistance traveling to and from appointments for medical treatment. This form of pre-arranged transportation doesnít include ambulances or other emergency vehicles. We currently offer this coverage in select states.
Rideshare insurance has become increasingly popular in recent years with the growth of companies like Uber and Lyft. People who use their private vehicles for livery will need special protection that extends beyond basic auto insurance.
Various factors influence the cost of for-hire livery insurance including your state, vehicle use, driving history and coverage needs. One way to keep your premium low is to maintain a good driving record. Discounts might also help lower your for-hire livery insurance cost.