Why there is a need for a Taxi Insurance Policy? A Perfect Guide For Your Taxi Insurance | Page 8

Third Party, Fire, and Theft:
A s t h e n a m e s h o w s a t h i r d p a r t y, f i r e , a n d t h e f t p o l i c y w i l l o n l y
cover third parties in the event of an accident so the other
p a r t i e s ’ v e h i FABRIKAM
c l e s , RESIDENCES
their passengers together with the passengers
i n y o u r t a x i . Yo u r t a x i a n d a s s o c i a t e d d a m a g e w o n ’ t b e p r o t e c t e d
w i t h t h i s p o l i c y t y p e . Yo u r t a x i w i l l b e c o v e r e d i n t h e e v e n t o f
fire damage or it is stolen and never recovered.