While passionate about low priced taxi insurance, we at High Gear understand that the industry is in a time of change, with recent reports revealing that as a whole, the industry saw a £100 rise on the average car insurance policy last year. However, in the technology-driven, advanced times that we are in, surely car insurance should be on its way down?
Where whiplash fraud, theft and untruthful policy details traditionally hiked up rates, it appears without these threats, prices are still high. Escalating sharply over the past few months, rates have risen 12%, up to an average of £572 from £525 in August.
Kevin Pratt, consumer affairs expert at MoneySuperMarket, agrees, feeling such advancements to car security over the past ten years means consumers should see a decrease in price.
Mr Pratt suggested that while “logic dictates the cost of car insurance should be getting lower”
“The Government has committed to introducing reforms to tackle whiplash fraud, but we’ve heard this story before and need to see concrete action that brings down premium inflation as a matter of urgency.
“It’s important for every motorist approaching renewal to run a quote to find the best price for their next year’s policy. Simply rolling the policy over with the same insurer – what’s known as ‘auto-renewal’ – means you’re almost certainly paying more than you need to.”
How we calculate rates
Here at High Gear, we work in a manner that supports drivers, looking at the bigger picture when calculating rates. This nature, paired with an extensive panel, means we can provide a wealth of proposals to get you covered, seeing drivers pick from a vast selection of features and prices. So, whether you are looking for a Multi-car policy, taxi insurance, or new driver cover, be sure to get in touch today and enjoy a free, no obligation quote.
With the role of the taxi driver being of great responsibility, passengers need to feel safe when grabbing a cab. Of late, the increase in taxi-driver related sexual crimes had encouraged the industry to sit up, with the drivers of Liverpool now being trained to be the ‘eyes and ears’ of the city.
Councillor Christine Banks, chair of the Licensing Committee, said:
“Child sexual exploitation is an extremely important issue and one which we want to make every effort to prevent.
“Taxi drivers are among those workers who have a key role in protecting young people- as the report to the committee said they can be the “eyes and ears” in spotting such activity.
With drivers being very much amongst the action of the city, Liverpool cabbies are not being asked to spy or extras information through unlawful means but just be aware of conversations and actions made by passengers, working closely with authorities to ensure taxi businesses work as a local support network.
“They can, for example notice young people being taken to different locations around the city and, while we are not asking them to eavesdrop on passengers, they could hear conversations which may indicate that a child is being exploited’ he continued.
With nearly 5,000 Liverpool taxi and hackney carriage drivers expected to receive training this coming years other areas will no doubt adopt this regime. Taking the training very seriously, drivers will have to produce a certificate to prove they has completed the training, with failure to produce the document preventing the issue of an individual’s licence.
Let us know what you that about this new implementation by leaving your comments below.
As covered in a previous article on High Gear News we have recently seen an increase in Insurance Premium Tax, with Autumn expected to reveal another hike. Increasing rates for both the drivers and the industry, this change has not gone down too well with the industry, with many insurers passing comment on the 12% increase on 50m general insurance policies each year.
Amanda Blanc, group CEO of one of t AXA, is just one insurer disheartened by the taxi hike.
“This is a classic case of the government giving with one hand, in the form of whiplash reforms, and taking with another,” she said. “The affordability of insurance is being fundamentally threatened. The country is already underinsured and ever rising insurance taxation could have the unintended consequence of making this situation even worse.”
While increases are often inevitable the constant hikes are one of the reasons insurers are fighting back against these government changes. Supporting in some areas such as whiplash claims, the general consensus is that the government are giving with one hand and taking with the other, only pretending to be supportive.
AA president Edmund King, predicted that the extra tax would only contribute to the 1m uninsured drivers currently on UK roads.
“In 18 months, tax on insurance will have doubled – no other tax has increased by that much,” he said.
As the fastest growing stealth tax ca, homes and private medical insurers will be affected.
Let us know what you think by leaving your comments below.
England and Wales are soon implementing plans to crack down on whiplash compensation; a change that is expected to reduce millions of car insurance policies by around £40.
With bogus claims becoming the norm over the past few years authorities have had no choice but to clamp down on ill practice, costing insurance companies around £1bn per year. With claims having risen by 50% over the past decade insurers have had to write on the risk of false claims when calculating premiums, encouraging higher rates across the board.
“For too long some have exploited a rampant compensation culture and seen whiplash claims an easy payday, driving up costs for millions of law-abiding motorists,” said Justice Secretary Liz Truss.
“These reforms will crack down on minor, exaggerated and fraudulent claims.”
While plans from ministers to scrap whiplash compensation all together there is another option some are eager to review. This is reducing the to a maximum of £425. By contrast the current average payout is £1,850, a sum that is crippling the industry.
Car insurance quotes
If you are interested in receiving a free quotation for car insurance then feel free to call us at High Gear today. Our team will be happy to assist with your enquiry.
While Uber is seen to be a bit of a dirty word amongst the traditional cabbies of the UK they do seem to get themselves in trouble, with each day bringing a new Uber-related drama to the table. This week the cabbies of Guilford are having their say, believing Uber drivers are using the taxi rank at railway station; something that traditional cabbies are not too impressed by.
At present Uber drivers are not licenced to pick up passengers in the borough, upsetting taxi drivers who are finding it difficult to contend with the business as it is. Claiming that their ability to provide for their families is being affecting the authorities have had no choice but to get involved.
Mark Rostron, Guildford Hackney Association secretary, believes that Uber drivers have been picking up pre-booked passengers in the town.
He said: “Some of them [taxi drivers] are very upset about it because they are seeing Uber drivers ranking up at the pick up bay at the train station. It is taking money straight out of drivers pockets and obviously they are upset about that.
“The drivers are family people, they have got families, often with young children. They have got people they are supporting through university. Taxi drivers do not earn a lot of money at the best of times and we have got this to deal with.
“This also comes at a time when Guildford Borough Council (GBC) is threatening to reduce our fares by 16%, so it is a terrible squeeze on taxi drivers.”
If you are a Uber driver, taxi driver from Guildford or simply have an opinion on this feud, be sure to leave your comments on this subject below.
While we would have expected the bustling streets of London to enjoy the title of taxi capital of the UK a recent research project has crowned Rossendale as the winners of that category. Figures reveal that the Valley has more taxis per head than London, a fact that has come as a worry to many.
With the drivers of the Valley notorious for operating outside the borough, the Department of Transport revealed that there were 1,610 taxis and minicabs in Rossendale in March 2015, meaning one licenced vehicle for 42.9 people.
London are currently working with a rate of one vehicle per 100 people.
By July of t2016 r the number for Rossendale rose again to 2,523 –working out as one can for every 27 residents.
Jake Berry, MP for Rossendale and Darwen said he was “shocked” by the figures progressed, feeling them to be a he concern.
“It seems that Rossendale’s taxi licensing is a magnet to all and sundry to seek a licence without working in the Valley.”
The statistical release by the DofT states:
“Rossendale Borough Council had the greatest increase in both total licensed vehicles and driver licences in England. This is likely due to the fact that although taxis can only be driven by drivers licensed by Rossendale Council, once a vehicle becomes a licensed taxi, the law allows it to accept pre-bookings in any district in England and Wales.”
Encouraging criticism from authorities in Sheffield, Bradford, Rochdale and Derby we at High Gear expect some revisions to be made. However, David Lawrie, chair of the Rossendale Taxi Association, had defended the number of taxis, feeling that we should not be comparing Rossendale to London due to the different lifestyle, with Londoners using other forms of transport also.
He said: “The infrastructure in Rossendale is very different to London. The only transport we have seven days a week, 24 hours a day is taxis.
“I take on board that the majority of those vehicles are operating outside the borough, but once the intended use policy kicks in March they will revert back to where we were 15 years ago where we saw a maximum of 300 licensed vehicles. In 12 months there will be a drop from thousands to hundreds of licenses, which is a good thing for local drivers because we get negatively criticised – even though it’s the council that messed up and issued all these licenses.
“Years ago we told them to introduce a cap and they refused. This is the result.”
Let us know what you feel about this subject by leaving your comments below.