The typical compulsory excess on a motor trade road risks policy is around £250. You can reduce your premium by paying a voluntary excess on motor trade insurance claims. Just make sure to calculate the best balance between upfront cost and voluntary excess, so you can cover any fees during a subsequent claim.
Additional ChoiceQuote News
Coronavirus and our service to you
With the ongoing situation regarding coronavirus i - read more
As one of the leading providers of taxi insurance, - read more
Crash course – avoiding accidents in winter
Winter is a difficult time of year for drivers, es - read more
Preparing your taxi business for the festive season
A profession that often isn’t mentioned amon - read more
Can telematics save you money on your taxi insurance?
Telematics – more commonly known as a ‘black b - read more
Staying safe when driving your taxi – 5 easy-to-follow tips
Whether you’ve been driving a taxi for years or - read more