Yes, you should update your policy to reflect any changes in your business operations or assets. This can easily be done by talking to BCD when you take a policy out through us.
FAQ: Hire and Reward
What should I do if I need to make a claim?
Report the incident to your insurer immediately, provide necessary documentation, and follow up regularly to ensure a smooth claims process.
How can I lower my Hire and Reward Insurance premiums?
You can lower your premiums by maintaining a clean driving record, choosing the right coverage level, and speaking to a broker like BCD.
Is Hire and Reward Insurance mandatory?
Yes, in many places, it’s a legal requirement to operate a hire and reward service.
What is the difference between Public Hire and Private Hire Insurance?
Public Hire Insurance is for vehicles that can be flagged down by customers on the street, while private hire insurance is for vehicles that must be pre-booked.