Livery insurance, also known as for-hire livery insurance, is a specialized type of commercial auto coverage designed for businesses that transport people for a fee. This includes a variety of services such as taxis, limousines, buses, town cars, and rideshare operations like Uber and Lyft1. Here’s a brief overview of what livery insurance typically covers:

Vehicle Protection: Livery insurance provides coverage for damages to the vehicles used in your service, whether due to an accident, theft, or other covered perils.

Liability Coverage: It offers protection in case your business is held legally responsible for injuries or property damage caused by your drivers or vehicles.

Medical Payments: This insurance can help cover medical expenses for the driver and passengers in the event of an accident1.

Uninsured/Underinsured Motorist Protection: In case an accident occurs with a motorist who lacks sufficient insurance, livery insurance can provide coverage.

Comprehensive Coverage: Beyond accidents, this insurance also covers non-collision-related incidents, such as vandalism or natural disasters.

Different Types of Livery Insurance: Depending on the nature of your service, you might need taxi insurance, black car insurance, or non-emergency medical transportation insurance, each tailored to specific types of livery services1.

Livery insurance is crucial for businesses that depend on transporting people safely. It not only protects your financial assets but also ensures the safety and trust of your passengers, which is paramount in the transportation industry.