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Liability Insurance for Black Car Services

The Importance of Liability Insurance for Black Car Services

The limousine and town car services industry is on the rise in the US. So is the demand for liability insurance for black car services. Consumer demand remains strong, and when the economy is strong and consumer confidence is high, luxury black car services are a popular choice for corporate travel. At the same time, ride-sharing apps have made black car services even more accessible. Uber Black, for example, is the original ride share offering high-end luxury at the tap of a button.

You can offer your clients exactly what they need from liability insurance for black car services when you work with Prime Insurance Company. Our model is built on finding the best insurance for every client, no matter their circumstances. We use our experience and expertise so that you can write more business and so that everyone who needs liability protection can be secure in what they do.

Read on to learn more about the importance of liability insurance for black car services and how you can provide it to your clients when working with Prime Insurance Company.

Why Your Clients Need Liability Insurance for Black Car Services

Commercial auto insurance, including liability insurance for black car services, is not something to ignore or avoid. Corporations and individuals buying car travel do not want to give up safety for convenience when there is so much competition in the marketplace. This means that they will be less likely to book with uninsured or underinsured black car services.

When choosing who to book with, most corporate clients will look at the safety measures and protections that black car services have in place. Insurance coverage, in the right amount and the right protections, is a strong sign that your client’s black car company is not cutting corners, but rather putting their focus on protecting drivers, passengers, and everyone else on the road. Better yet, when your clients secure their insurance through Prime Insurance Company, they have access to our experienced, qualified team of industry professionals who will work to mitigate and manage avoidable risk, making their company that much safer.

Underinsuring is as much of a problem as having no insurance at all. In some cases, liability insurance for black car services is required in a certain amount, such as New York’s required coverage amounts for livery or black cabs. Taxi and limo commissions and other regulatory bodies often set out the required minimum per person, per accident, and in personal injury protection. Even if your client has the minimum liability insurance for black car services in place, talk to them about excess coverage. Be sure that they understand how pricey commercial auto lawsuits can be.

For example, while this lawsuit involved two yellow taxis. The result is similar to what might happen in a black car service suit. A passenger in an NYC cab was injured when the car he was in was rear-ended, then rear-ended the car in front. The verdict came in at $9,263,326.

In another lawsuit, a livery car and a personal vehicle collided, injuring a pedestrian. The driver of the personal vehicle and the pedestrian sued the livery driver and Uber. Uber worked to have their own liability waived, leaving the black car driver on the hook.

Having the right liability insurance for black car services matters for licensing and compliance. Without the correct insurance in place, your clients are operating in contravention of the law and can face even more financial penalties. With this information, you can explain to your clients exactly why they need comprehensive liability insurance for black car services.

Working with Prime Insurance Company

It’s easy to start the process of securing liability insurance for black car services. Our online form is available 24/7 on our website. When your clients are looking for insurance, we are your best option for risk management, fair handling of claims, and a responsive team approach to insurance issues.

Perhaps your clients are underinsured or concerned because of previous claims, loss history, and other unique circumstances that have made insurance a challenge in the past. We work hard to assist insurance producers even when a risk has been deemed undesirable by other insurers. If there is a way to protect your client, we will do exactly that.

With our help, you can write more business and ensure that your clients have every protection they need when owning or operating black car services. Get in touch by emailing quotes@primeis.com, call us at 800-257-5590, or go to our website at primeis.com. For more about us, follow us on Facebook, Twitter, YouTube, LinkedIn, and Instagram, or read our blog.


rick lindseyAuthored by Rick J. Lindsey, CEO, President, and Chairman of Prime Insurance Company

Rick J. Lindsey hails from Salt Lake City, Utah. He began working in the mailroom of his father’s Salt Lake City insurance firm, getting his introduction to the business that became his lifelong career. Lindsey quickly rose through the ranks while working in nearly every imaginable insurance industry job. As an entrepreneur, specialty lines underwriter, claims specialist, risk manager, and a licensed surplus lines broker, Rick Lindsey is highly skilled in all levels of leadership and execution. As he progressed on his career path, Rick discovered an urgent need for insurers willing to write policies for high-risk individuals and businesses. He was frequently frustrated that he could not provide the liability protection these entities desperately needed to safeguard their assets. He also formed the belief that insurance companies acted too quickly to settle frivolous claims. Lindsey decided to try a different approach. He started an insurance company and became the newly formed entity’s CEO. This opportunity has enabled Rick to fill a void in the market and provide a valuable service to businesses, individuals, and insurance agents who write high-risk business. Prime Insurance also specializes in helping individuals and businesses who live a lifestyle or participate in activities that make them difficult for traditional carriers to insure. If you’ve been denied, non-renewed, or canceled coverage, don’t give up quite yet. Chances are Prime Insurance can help.

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