Taxi Insurance Coverage Checklist
The coverages a taxi business may carry — core, prevalent, and situational — why each matters, and the gap most often missed.
Pull out your current policy and check the box next to any coverage you can confirm is already in place — anything unchecked is worth a quick conversation with your advisor. Coverage checklist for taxi companies, medallion owners, and fleets. Priorities reflect typical exposure; confirm against leasing structure and accessible service.
Tick each coverage you can confirm you carry — anything left unticked is a good question for your next policy review.
| Have it? | Coverage | Why this business needs it | Priority |
|---|---|---|---|
| Commercial Auto Liability | Covers crashes — confirm limits meet local taxi-authority minimums. | Core | |
| Auto Physical Damage | Covers the fleet. | Prevalent | |
| Abuse & Molestation / Sexual Misconduct | Covers passenger assault allegations — often excluded. | Prevalent | |
| Workers' Compensation / Occupational Accident | Covers driver injuries, including assaults — lease drivers may need occupational accident coverage. | Core | |
| Umbrella / Excess Liability | Adds limits above auto minimums. | Situational |
The coverage gap most often missed
The most commonly missed gap for this class is coverage for lease drivers. When drivers lease vehicles or medallions, it's often unclear who insures the vehicle and the driver's own injuries — and taxi drivers face some of the highest assault and robbery risks of any workers. Leases should state who insures what, and partitions, cameras, and alarms help both drivers and claim defense. Companies running wheelchair-accessible taxis should document securement training.
Send us the checklist and we'll review your taxi coverage line by line, then market it across multiple carriers that compete for your account.
Related: Taxi Insurance · Taxi Supplemental (apply) · All coverage checklists
Frequently asked questions
What insurance does a taxi business need?
The core coverages for a taxi business are Commercial Auto Liability, Workers' Compensation / Occupational Accident. This checklist also lists the prevalent and situational coverages worth considering, with a plain-English note on why each matters.
Is this checklist insurance advice?
No. It is a free educational tool to help you have a more informed conversation with a licensed professional. It affords no coverage and is not insurance, legal, or financial advice — only your actual policy language governs what is and isn't covered.
Can Cory Washington & Co. review my taxi coverage?
Yes. Share your checklist and we'll review your program line by line, market your account across multiple carriers, and explain the trade-offs in plain English. Cory Washington & Co. LLC is licensed in all 50 states.
This checklist is a free educational tool from Cory Washington & Co. to help you review your own coverage and have a more informed conversation with a licensed insurance professional. It is general information only — not insurance, legal, or financial advice, and not a recommendation to buy, change, or cancel any policy. Coverage terms, availability, limits, and requirements vary by policy, carrier, and state, and only the language in your actual policy governs what is and isn’t covered. Checking or leaving blank any item above does not indicate that you are adequately insured or under-insured. Using this checklist does not create a client, agency, or fiduciary relationship. Always consult a licensed professional about your specific situation.