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Our Taxicab Liability program targets low to mid sized local cab fleets. The majority of our taxicab business is written on a non-admitted basis although we do have the ability to use an admitted product where required.

 

Typical Coverage Offered: Auto Liability on Symbol 7 Basis Only

 

Issuing Carrier:  Essex Insurance Company / Markel Insurance Company - Admitted in All States

Limits of Liability Offered: Up to $1,000,000 per accident, New Venture's up to $350,000 per accident

 

Minimum Policy Premium: $2,500

 

States Offered In: (we write taxi in the USA EXCLUSIVELY)

 

Alabama Idaho Nevada South Dakota
Alaska Illinois* (NPW) New Hampshire Tennessee
Arizona Indiana New Mexico Texas
Arkansas Iowa New Jersey Vermont
California Kansas North Carolina* (NPW) Virginia
Colorado Maine Ohio Washington* (NPW- Seattle)
Connecticut Maryland Oklahoma West Virginia
Delaware Missouri Oregon Wisconsin
Florida*   (NPW) Montana*(NPW) Rhode Island Wyoming
Georgia* (NPW) Nebraska South Carolina

 

* NPW - Not presently writing new business.

 

TARGETED CLASSES

  • Small to mid-size taxicab fleets and owner operators with at least 5 years experience
  • Well maintained vehicles less than 13 years old
  • Experienced and professional drivers
  • Documented safety and accident procedures
  • New Ventures with prior taxi experience

EXCLUSIONS

  • Black Cars, Limousines, Shuttle Buses
  • Para Transit Vehicles
  • Accounts with 5 year loss ratio of 50% or higher
  • States that require No-Fault coverage

UNDERWRITING REQUIREMENTS

  • Completed and signed Acord and Markel Supplemental Application
  • 5 Years currently valued hard copy loss run
  • Current MVR’s for all drivers
  • Requests for limits over $500,000 CSL must have a minimum of 5 vehicles

OTHER PRODUCTS

  • General Liability up to $1,000,000 Limit
  • Package Policies - Auto & GL for small fleets, less than 5 vehicles
  • Buffer Excess Liability for Taxi, Paratransit and Non-Emergency Ambulance Accounts
  • For profit Non-Emergency Ambulance Auto Liability.
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