What is Limousine Insurance?

Limousine drivers have many responsibilities. Not only do they have to worry about their vehicles, but they have to make sure their passengers and cargo are always safe. Before getting behind the wheel, limo drivers should have the required insurance to cover anything from thefts to accidents.

What Insurance Do I Need for a Limousine?

New York City limousine drivers must have New York City Taxi & Limousine Commission (TLC) insurance. TLC insurance is a legal necessity, and it also reassures your passengers that they are traveling with a certified driver. To have comprehensive limo coverage, you need a variety of types of insurance, which may include:
White limo

Liability insurance: When an accident is your fault, this coverage helps you pay for the damage you do to others (like other drivers) who weren’t in the car with you.

Bodily injury liability coverage: This pays for third-party medical bills and sometimes death benefits in unfortunate circumstances.
Property damage liability coverage: This pays for damage to the other party’s property.
Collision insurance: This covers damage to your vehicle that occurred in a wreck.
Comprehensive insurance: This pays for damage from non-accident mishaps, such as weather damage, fires, theft, vandalism or similar accidents.
Medical payments/Personal injury protection: If you get hurt in an accident, this coverage can pay your medical bills. Sometimes, it covers other losses, such as lost income.

Uninsured/Underinsured motorist insurance: This insures you against damage caused by someone else who doesn’t have appropriate liability coverage. If you are the victim of a hit-and-run, for example, then this coverage can pay for your limo’s damage.

How Much Is Limousine Insurance?

As with most insurance types, the cost of coverage for your limo depends on numerous considerations, such as:

Your location of operation. Where do you live?
Your limits and deductibles. How your policy is structured affects your premium.

Your accident history. What’s your driving record?
The type of business you do. What is your specialty? Wedding services, prom nights, nights on the town?
The vehicles you own. Do you drive a luxury sedan, classic car, stretch SUV?
Your area of operation. The closer you stay to your base of operation, the cheaper to insure.
Your business experience. Are you an experienced chauffeur, or do you have just a few years behind the wheel?

How Can We Help?

Safety should be your top priority as a limo driver, but you also want affordable insurance. Let us look at your specific needs and determine the proper coverage. Call K.S. Billing & Associates, Inc. today at 718-805-2211 to discuss policies we can bundle for your comprehensive limo coverage.

What is Limousine Insurance?

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