Taxi
Our Taxicab Liability program targets small to mid-sized local cab fleets and owner-operators with at least five years of experience. They should have well-maintained vehicles that are less than 13 years old and experienced professional drivers. The majority of our book is written on a non-admitted basis. We do have the ability to provide admitted paper where required by jurisdiction.
Click on an item for assistance:
Coverages
Underwriting Requirements
Taxi Liability Brochure
Taxi Application Please fax it to us at 732-391-8920
Taxicab, Limousine and Paratransit Association - Markel is a member
Coverages [Return to Menu]
Issuing Carriers:
Essex Insurance Company
(Non-Admitted in all states except DE)
Markel Insurance Company
(Admitted)
Evanston Insurance Company
(Auto Excess except IL)
Typical Coverage Afforded
- Primary Auto Liability Written on a Commercial Business Auto Form - Up to $1,000,000 per Accident
- Comprehensive General Liability - $1 million per occurrence, $2 million aggregate
- Excess Auto Liability - $1 million per occurrence
- Auto Liability on Symbol 7 Basis Only
- Composite Rate on Fleets over 25 units
- Minimum & Deposit 100%
Prohibited Classes
- Black Cars, Limousines, Shuttle Buses
- Para Transit Vehicles (except Excess Auto)
- Accounts with 5 year loss ratio of 50% or higher
- States that require No-Fault coverage
Underwriting Requirements [Return to Menu]
- Completed and signed Accord and Markel Supplemental Applications
- Five years of currently valued loss runs
- Current MVRs for all drivers
- No broker or policy fees (other than administrative) charged to the insured
- Documented safety and accident procedures
- Requests for limits over $500,000 CSL must have a minimum of three vehicles