Common Questions About Limo Insurance

What Is Limo Insurance?

Limo insurance is a type of livery insurance that protects drivers and luxury vehicles that transport people on a for-hire basis. In other words, because limo and black car businesses typically offer pre-scheduled or for-hire rides, they need a specific type of insurance, known as livery insurance.

What Factors Determine the Price of Limo Insurance?

The cost of limo insurance depends on many factors, some of which are: the area your business operates in, the level of coverage you choose, how many vehicles you’re insuring and their make or model, how many employees you’re insuring, driving history, and your expertise/experience.

Is Limo Insurance Mandatory?

Auto insurance is required for all drivers. Depending on the location of your limo business and other specific factors, you may or may not be required to invest in specific types of insurance, such as livery insurance, personal injury limousine insurance, uninsured and underinsured coverage, employment practices liability insurance, bodily injury insurance for limo drivers, property damage liability insurance, and more. Talk it over with an agent to be sure you’re fully covered!

What Is the Difference Between Taxi Insurance and Limo Insurance?

There are several important differences between limo and regular taxi insurance, so it’s important to talk over the specifics with an experienced insurance agent. While limo and black car services work on a for-hire or pre-scheduled basis, most taxis are hailed on the spot. Because of this distinction, limo insurance falls under the category of livery insurance, unlike regular taxi insurance.

Hear From Our Current Customers

“David Oswald [of OTTIS] is the most knowledgeable insurance agent I know and his caring nature, work ethic & integrity run deep. He always comes through for my family and business!”

– Colleen (Google Review)

“Nothing but fantastic things to say after years of relying on David and his staff for all of our insurance needs!”

– Spud (Google Review)

Related Articles