Why there is a need for a Taxi Insurance Policy? A Perfect Guide For Your Taxi Insurance | Page 5

G e n e r a l l y, t h e v a l u e i s a t e r m d e f i n e d a s t h e w o r t h o f s o m e t h i n g c o m p a r e d t o t h e p r i c e p a i d o r a s ke d f o r i t . N o r m a l l y, t h i s i s t h e legal requirement for taxi insurance but to satisfy this r e q u i r e m e n t FABRIKAM w e r RESIDENCES e t h e d r i v e r ’s o n l y c o n c e r n , t h i r d p a r t y o n l y basic cover and simply it does not. So, look at the options available.