New York City TLC Insurance
If you are thinking of becoming an Uber or Lyft driver in New York, you have probably heard of NYC TLC commercial insurance. This is insurance that you need to have in place before you start driving. It’s important that you understand what TLC Insurance for Uber and other drivers is and why it’s so important.
What is TLC?
TLC are the initials used to represent the New York City Taxi & Limousine Commission. The commission was formed in 1971 and it regulates all taxis in the NYC area. As part of this regulation, the commission insists that drivers have TLC insurance in place.
This means that you need TLC insurance in Brooklyn or in any other borough of NYC. No matter where you are located in the city, you cannot avoid this insurance.
What is TLC policy?
A TLC policy is essentially a specific form of insurance policy that is required by the NYC Taxi and Limousine Commission for anyone who wants to pick up fare-paying passengers in the city. It’s a form of liability insurance coverage that helps to protect both passengers and other drivers on the road.
It’s also designed to provide comfort and peace of mind to passengers, as they will be able to easily verify that their driver is certified and insured in case of any accidents or issues on the road.
Do I Need TLC Insurance?
If you are wondering, “How important is TLC Insurance?”, the answer is very important. The fact is that it’s compulsory. If you want to drive a rideshare vehicle or taxi in NYC, you need at least a basic level of insurance before your vehicle can be used commercially. This minimum level of insurance includes:
- Liability cover.
- Personal injury protection.
- Uninsured motorist coverage.
It’s worth knowing that the minimum level of TLC insurance in New York only covers other people and their property. You need to invest in additional collision insurance if you want to protect your vehicle. Speak to us about making sure that you have the right level of insurance in place.
How much does TLC insurance cost in NYC?
You want to get the best TLC insurance in NYC at a cost you can afford. You may be wondering, “How much is TLC insurance in NYC?” There is no set answer to this question. There are several factors that are taken into account when calculating the cost of TLC insurance including:
- How many years you have been driving a rideshare vehicle or taxi.
- What your previous claims record looks like.
- Whether you have any police citations.
- What type of vehicle you have.
We are happy to discuss your insurance needs and provide you with a quote. In order for us to do this, you will need to provide your name, address and age. We will also need the following details:
- TLC license/plate.
- Driving and accident history.
- Vehicle details.
- TLC base card.
How Do I Purchase TLC Insurance?
If you are wondering how to get TLC insurance, the process is simple. You can contact us by phone, email or by completing the contact form on the website.
When you complete the contact form you need to provide images of your driver’s license, TLC License, Title or Bill of Sale for your vehicle and registration. We will tell you how much it will cost to purchase the TLC insurance that you need.
How does TLC insurance work?
TLC insurance works as a form of liability insurance for drivers who are picking up and transporting fare-paying passengers around the city of New York. It can come in various forms, with different policies and coverage options.
But in its simplest form, it always includes liability coverage (covering any damages or injuries caused to people or property by the insured driver), personal injury protection (covering any medical bills, lost salary, and rehab/recovery costs involved after an accident), and uninsured motorist coverage (covers you if you get into an accident with someone who doesn’t have any liability insurance).
Does TLC insurance cover personal use?
This can depend on various circumstances, as well as the details of your own chosen TLC policy. Typically, TLC insurance should still cover you when using your vehicle for personal use, as long as the driver of the vehicle is a TLC license holder. If someone without a TLC license is operating the vehicle personally and an accident occurs, the TLC insurance will usually have no effect.
It’s important to speak with your broker and check the fine print of your policy to learn more about what happens in cases when the vehicle is being driven for personal use.
Other requirements of TLC
You will find it useful to know that insurance is not the only requirement that is mandatory for taxi and rideshare drivers in NYC. TLC also has other requirements regarding the vehicle that you drive. These requirements are:
- The vehicle must be a four-door car or minivan that was registered in 2006 or later.
- You must maintain the vehicle in good condition and there must be no cosmetic damage.
- There should be no commercial branding on the vehicle.
- The vehicle must have a valid emissions certificate.
The rules are strict so you need to be aware of what you need to do to comply.
If you need TLC insurance, speak to our team of friendly advisors. They will help you get the insurance that you need.