Taxi insurance is designed to protect taxi drivers, their vehicles, and passengers from associated risks. It is crucial for maintaining passenger safety and ensuring financial stability. Two main types of taxi insurance are highlighted: the third-party liability-only policy, which is mandatory in India, covering damages to third parties, and the comprehensive insurance policy, which provides extensive protection against accidents, theft, and natural disasters. Taxi operators are encouraged to choose appropriate coverage plans online to safeguard their businesses effectively.
Operating a taxi service necessitates obtaining taxi insurance, which is essential for passenger safety and financial protection against various risks.
There are two primary types of taxi insurance: a Liability Only Policy, which is legally required, and a Comprehensive Policy that offers extensive coverage.
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