New monthly payments for private hire insurance

Written by Zego

Published on

As a private hire taxi driver, insurance is an important part of your business. And it can also be a significant part of your costs.

Now, thanks to some clever work behind the scenes here at Zego, private hire policyholders can choose to pay for their annual cover in monthly instalments.

We’ve teamed up with Premium Credit Ltd (PCL) to offer our customers an easy, flexible and cost-effective way to manage their insurance payments.

So whether you choose a 30-day policy or an annual one, you can spread the costs to suit your budget.

What does this mean for me?

As an annual policyholder, you now choose to pay for your cover in 9 equal monthly instalments, plus an upfront deposit. And you don’t have to call us to arrange your insurance – you can do everything online in just a few easy steps.

For many drivers, this can make an annual policy more affordable, as you don’t have to pay in one single lump payment.

Of course, if you’d prefer to pay it all in one go, you still have that option. And our 30-day policies are also available for drivers who only need short-term cover, or prefer a little more flexibility.

How do I buy a private hire policy?

Simply head to our private hire taxi insurance page and get a quick quote. From there, you’ll have the option to choose the type of policy you want and how you prefer to pay for it.

If you do choose to spread the cost of your cover with PCL, you’ll need to run through a few credit checks before you can agree to the payment plan.

Once you’ve signed up, it’s easy to manage your payments directly with PCL. We’ve created a handy guide on our blog to show you how.

Can I still use a discount code with my annual policy?

Yes you can! If you have a valid discount code, you can redeem it against any annual policy as usual.