Yellow Taxicab Insurance
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Yellow Taxicab Insurance – Insuring NYC’s Iconic Cabs with Syed Insurance Agency
Why Choose Syed Insurance Agency?
- Decades of experience in the NYC for-hire vehicle industry
- Access to multiple insurance carriers for the best rates
- Expert guidance on Taxi and Limousine Commission compliance and coverage options
What Is a New York City Yellow Taxicab?
Yellow Medallion Taxicabs are a symbol of New York City (NYC) and provide essential transportation services across all five boroughs. With over 13,000 licensed Yellow Taxis and more than 50,000 drivers, these vehicles operate via street hails and must comply with strict Taxi & Limousine Commission (TLC) regulations to be licensed and operational.
Do You Need Yellow Taxicab Insurance?
Yes, insurance is required for all NYC Yellow Taxicabs. Along with TLC plates and registration, Yellow Taxis must carry TLC-mandated insurance coverage that meets these minimum liability requirements:
- $100,000 per person,
- $300,000 per accident, and
- $200,000 in personal injury protection (PIP).
Additionally, drivers who operate another permit owner’s Yellow Taxi must comply with NY Workers Compensation insurance laws, ensuring proper coverage for themselves.
How to Get Yellow Taxicab Insurance?
At Syed Insurance Agency, we understand the unique insurance needs of NYC Yellow Taxi owners. With decades of experience, we work with all major insurance carriers to find you the best policies that comply with TLC requirements at competitive rates.
Contact Info
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123-07 Jamaica Ave,
Richmond Hill, United States - +1 (347) 8177771
- insurance@syedinsuranceagency.com
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Monday - Friday
09:00 am - 05:00 pm