People here in the UK have been going through a difficult time financially for quite a long period and it seems this pattern may continue for the foreseeable future. One of the things that has risen significantly has been the cost of insuring a taxi. So, is there anything that you can do to mitigate higher premiums?

Well, according to some recent research carried out by the price comparison website Quotezone.co.uk, it found that the time you decide to renew your car insurance could have a significant impact upon how much you are charged when sorting out cover for your motor vehicle. Although the survey related to car insurance, it is quite possible that the same applies to taxi insurance.

It discovered that motorists could save anything between 33% to 45% depending upon when they renew their cover. To be specific, this sort of saving may be obtained if they renew their cover within 15 to 24 days of the date the policy is to come up for renewal.

It is interesting also to note that a lot of drivers think that the best time to renew their cover is at the last moment before their policy is due to be renewed which for many is a misconception. In fact, it tends to be the worst time to renew their cover.

Nowadays, there are a number of specialist price comparison websites providing access to taxi insurance so why not utilize their services around 15 to 24 days before your taxi cover is due to be renewed and compare how much your existing insurer is going to charge you at renewal with one or more other providers. Who knows, you may be able to save some money which we are sure you will agree will be much welcomed in the current economic climate.

So, shortly after receiving your taxi insurance renewal notice that is normally produced about a month before the renewal date, why not get in contact with us to obtain a competitive taxi insurance quotation. We provide access to an extensive panel of reputable insurers. Quotes are provided without any obligation. We look forward to hearing from you and hopefully being of assistance.