Gap Insurance @ EasyGap.co.uk

Buy Taxi Gap Insurance

Do you want to buy Private Hire Taxi Gap Insurance from a UK based 'A' rated Insurance Company at genuine real value for money prices?

Or perhaps you just want to know more about Taxi Gap Insurance and how it works? EasyGap Gap Insurance can help you with both!

Taxi Gap Insurance

What is Taxi Gap Insurance? Well with EasyGap Gap Insurance we give you a choice of two different kinds. Each designed to provide slightly different levels of cover for you.

RTI Taxi Gap Insurance - will cover between the vehicle market value and the original invoice price you paid. This means you can top up your insurance settlement to get your original purchase price back in full

Finance Taxi Gap Insurance - will cover beyween the vehicle market value and the amount outstanding on the finance agreement. This helps you pay off the finance and walk away with nothing further to pay

Simply click for an instant taxi gap insurance quotation and cover. Or if you prefer why not call our dedicated free phone number 0800 195 4926. We can answer any of your taxi gap insurance questions and talk about your taxi in plain English with no jargon. Our aim is simple, we can take as much time as is needed so that you understand your taxi Gap protection options and can make your own informed choice as to which level of gap insurance is best  for you and your taxi.

You will be pleased to know that we do not operate any taxi gap insurance vouchers, or discount codes  Instead we want each and every customer to get our very best taxi gap insurance price first time every time. No gimmicks just honest, reliable quality taxi gap insurance at fantastic prices for everyone every time. We also  guarantee to beat any like for like quotation

So please remember at EasyGap Cheap / Low cost gap insurance for your taxi does not mean a dilution of cover, security , peace of mind or back up it just means better value for money !

For your peace of mind,

• All of our taxi gap insurance policies are fully FSA regulated,
• All of our taxi gap insurance policies are administered by a leading UK provider,
• All of our taxi gap insurance policies are underwritten by an ’A’ rated insurer,
• All of our taxi gap insurance policies are covered by the Financial Services Compensation Scheme.

If you have fully comprehensive motor insurance and you have bought your vehicle within the last 180 days ( approx 6 months) from a main dealership and have an invoice you need to read this !

Why may you need Taxi Gap Insurance ?

Let me explain:

You buy a vehicle in 2011 for £12,000, and plate it as a private hire taxi

Over the next 2 years you cover 80,000 miles, and then the car stolen or involved in an accident and is written off.  

Your own insurance, which must be Fully Comprehensive, pay you your vehicles value at write off. Due to the high mileage you have covered, your vehicle has depreciated heavily, and is valued at £4,000.

That means you have lost £8,000. You may have paid cash, which means you potentially have to dig deep to buy a new car, or you could have paid by a combination of a deposit and a loan. You may be faced with having to find the settlement figure for the finance, which maybe in excess of the £4,000 the vehicle is worth. This situation is hardly ideal, however if you had purchased return to Invoice Private Hire Gap Insurance then help is at hand.

EasyGap.co.uk can provide Return to Invoice Gap Insurance for Private Hire Taxi's that can protect the value of your business asset for up to 3 years. The cover is designed to make up the difference between your vehicles value at write off, and the original invoice price you paid. 

If your vehicle is worth £4,000, then the Return to Invoice Gap Insurance for Private Hire will cover the difference back to the original invoice price you paid. So in this case, you would receive £4,000 from your insurers, and a further £8,000 from the Gap Insurers. This would give you your original invoice price back in full. This could give you far more options in terms of replacing the biggest asset of your business.

If you have a finance agreement in place, then you can opt simply to cover the outstanding finance with Finance Taxi Gap Insurance.

Fact your insurance company will only pay you your taxi's valuation on the day it is written off.

Fact over 600,000 vehicles are written off in the UK each year.

Fact you are almost as likely to have your car written off as you are to be a victim of burglary.

The owners of Private Hire Vehicles have traditionally faced some of the highest insurance premiums of all roads users. The high risk associated with vehicles used for Private Hire has meant sourcing Gap Insurance for Private Hire taxi's has been difficult too. Many Insurers have simply refused to offer Gap Insurance for Private Hire, or placed extremely high premium values to underwrite the risk. These prices where out of reach by most.   I am sure you are thinking

'How much does this cost?

'Well it may well be a lot less than you think so why not click or call for a quotation.?

Cover is available for up to 3 years, and policies can be paid for in a lump sum, or over 12 interest free installments, you will be automatically accepted and there are  no credit checks!

If you need any information on obtaining your  taxi or private hire license or just general tips and advice from someone in the business. We thought this website was fantastic. It is written in plain English and easy to use so let us know what you think.

You can call 0800 195 4926 or buy taxi gap insurance online for many manufacturers.

So there you have it, Taxi Gap Insurance from EasyGap Gap Insurance!