Urban Transport Insurance

Plan can arrange Urban Transport Insurance for firms using many modes of transport. That may include push bikes, cargo bikes, electric bikes and scooters as well as car and van hire clubs.

Plan have built up extensive knowledge of urban transport insurance solutions. This stems from the fact we are one of the largest taxi and private hire brokers as well as a leading cycle insurance provider under the brand Yellow Jersey Insurance. This unique combination of diverse expertise and contacts has resulted in Plan acquiring extensive knowledge of urban transport insurance for all vehicle types. We are a go to provider for urban transport insurance solutions.

Firms requiring urban transport insurance cover for motor vehicles generally need what is referred to in the insurance industry as a self drive hire policy. However due to the use of non-standard vehicle types and innovative business models by urban transport companies, it can be challenging for brokers that do not specialise in this area to obtain competitive insurance premiums.

In recent years the desire to reduce emissions has often seen electric car and vans selected as preferred vehicle types for car clubs. Other brokers may find EVs tricky to insure due to their non-standard nature. However, Plan have extensive knowledge and markets for EVs.

Having the right risk management in place with correct up to date document templates, checklists and guides can help you minimise liabilities that can have a substantial impact on your companies’ profits.

Plan offer your business personalised health and safety documents, risk assessments, method statements and much more. These additional documents are supplied to you at no extra cost when you take out a policy with Plan.

Our risk management services can include business continuity templates (that will need updating annually) which you can use as guidance and to track your business operations. With this, you will also receive regular notifications regarding legislation changes that are relevant to your business.

Follow the link to see our specialist risk management services.

It’s important to ensure that your company has appropriate protection. If your urban transport business intends to provide customers with the use of motor vehicles, then there is a legal obligation to take out motor insurance. This will normally be in the form of a self drive hire policy for companies in the urban transport industry.

Urban transport firms will have significant public liability exposure and proof of cover up to a certain level will often be required by any council where your hire scheme vehicles are to be offered.

Your urban transport company will also need by law employers’ liability if you have staff. As well as covering themselves against potential liabilities urban transport firms should also consider insuring their physical assets. For example terms can be offered for the protection of hire bikes against theft and/or damage. However policy excesses, which may make the option commercially unattractive, are likely to be required by the insurer.