In Canada, each province has its own regulations and requirements for taxi and limousine car insurance. Some of the main requirements for taxi and limousine car insurance by province are:

Alberta:

• All taxis and limousines must be insured with third-party liability insurance, which covers damages to other drivers, passengers, and property.
• The minimum liability coverage required is $2 million.
• Drivers must also carry collision insurance, which covers damage to their own vehicle.
• Some insurance companies offer commercial insurance policies specifically designed for taxi and limousine drivers, which may include additional coverage options such as personal injury protection and uninsured motorist coverage.

British Columbia:

• All taxis and limousines must have third-party liability insurance and uninsured motorist protection.
• The minimum liability coverage required is $2 million.
• Collision insurance is not required, but it is recommended.
• Drivers must also carry personal injury protection coverage, which covers medical expenses and lost income in the event of an accident.

Ontario:

• All taxis and limousines must have third-party liability insurance, which covers damages to other drivers, passengers, and property.
• The minimum liability coverage required is $2 million.
• Collision insurance is not required, but it is recommended.
• Drivers must also carry personal injury protection coverage, which covers medical expenses and lost income in the event of an accident.
• Some insurance companies offer commercial insurance policies specifically designed for taxi and limousine drivers, which may include additional coverage options such as uninsured motorist coverage and liability coverage for passengers.

Quebec:

• All taxis and limousines must have third-party liability insurance, which covers damages to other drivers, passengers, and property.
• The minimum liability coverage required is $1 million.
• Collision insurance is not required, but it is recommended.
• Drivers must also carry personal injury protection coverage, which covers medical expenses and lost income in the event of an accident.
• Some insurance companies offer commercial insurance policies specifically designed for taxi and limousine drivers, which may include additional coverage options such as uninsured motorist coverage and liability coverage for passengers.

These are just a few of the requirements for taxi and limousine car insurance in Canada. It’s important to check with your local government and insurance provider to determine the specific requirements and coverage options available in your province.

List of taxi insurance companies

Here is a list of some of the insurance companies in Canada that offer insurance coverage for taxi and limousine businesses:

1. Intact Insurance
2. The Co-operators
3. Aviva Canada
4. Allstate Insurance
5. RSA Insurance
6. Economical Insurance
7. Chubb Insurance
8. Travelers Canada
9. CAA Insurance
10. Hagerty Canada

Please note that this list is not exhaustive, and there may be other insurance companies in Canada that offer taxi and limousine insurance. It is recommended that you shop around and compare policies from multiple insurance providers to find the coverage that best suits your needs and budget.

How much is taxi insurance in Ontario?

The cost of taxi insurance in Ontario can vary depending on several factors, including the size of your taxi fleet, your driving history, and the level of coverage you require. Some common factors that can impact the cost of taxi insurance in Ontario include:

• Type of vehicle: The make, model, and age of your vehicle can impact the cost of insurance.
• Driving history: Your driving history, including any accidents or traffic violations, will be taken into consideration when determining your insurance premium.
• Geographic location: The area in which you operate your taxi business can also impact the cost of insurance, as some locations may be considered higher risk than others.
• Size of fleet: The size of your taxi fleet will also impact the cost of insurance, as larger fleets may require more comprehensive coverage.

As a result, it is difficult to provide a specific cost for taxi insurance in Ontario without knowing more about your specific circumstances. It is recommended that you obtain quotes from several insurance providers to get an accurate estimate of the cost of insurance for your taxi or limousine business.