Livery Insurance
Livery Insurance Quotes
Property damage and bodily injury liability coverage for livery businesses
Insuremart sells livery insurance to businesses that transport people for a fee. This includes taxi companies, ride-share providers, limousine companies, buses, and so on. Coverage typically consists of property damage and bodily injury liability protection, which includes legal expenses. Coverage is required by law.
Insuremart services one-person gig operations to commercial fleets of any size. Our agents will happily help you with livery insurance and the full array of commercial insurance and personal insurance products we offer.
Insuremart has direct access to
over
100
insurance carriers
Nobody can sell for less, and we work for you.
Livery insurance is the minimum coverage required to legally transport people for a fee.
What does livery insurance cover? What are the typical limits?
Bodily Injury – Covers bodily injury expenses for passengers and persons outside of your vehicle if you cause an accident. Limits will vary by state and insurer, but $300,000 max payout per accident is common.
Property Damage – Covers property damaged by your vehicle when you cause an accident. It also covers personal property carried by your passengers. Limits will be from $50,000.
Legal Coverage – Coverage will include legal expenses if sued. Attorney fees, court fees, and settlements will be paid up to the limits of your coverage.
Coverage can be widened based on your business. Collision and comprehensive, uninsured motorist coverage, cargo, and more, can be added.
How much does livery insurance cost?
Insurance rates vary greatly. Gig workers will pay around $600 per year on top of coverage provided by the ride-share company. Independent drivers could pay more. Another example is a taxi company. Expect to pay $5,000 per year for a few cars and $25,000+ for ten or more.
Good to know: Insuremart works with over 100 insurance carriers. Nothing gives you an advantage when buying livery insurance — or any insurance — like a great agent and more options. Talk to our agents.
The surge in the gig economy has placed more focus on gig workers and how their liabilities should be covered. A portion of the confusion surrounds commercial auto, in this case a livery policy, and personal auto coverage. Which covers what and when? Do they overlap?
Our agents understand the situation and have access to insurance companies with products structured for livery companies and gig workers.
Get a Public Auto insurance quote from Insuremart right now. Our agents are ready to help.