What should the Drivers of car-hire services learn about TLC Insurance?

 

Car-hire services are very popular in the world. People love to hire a car to reach their destinations. However, the management of commercial vehicles is difficult. The accidents and dents and minor damages are common. To protect your vehicle and manage the expenses in the case of an accident, automobile insurance is necessary. It becomes more important in the case of providing car-hire services. Simple auto insurance does not work in this case, and for Uber, Lyft, or any other service, you need special insurance coverage that is called TLC insurance.


The drivers of car-hire services use the app, and when they accept any request, they move to the direction from where he has got a request. He also waits for the client, picks him up, and drive to his destination. In performing his duties, if he may face any accident or damage, he needs TLC insurance to save money in the case of maintenance, repair, or theft. In the case of an accident, the passenger can also face injuries. To deal with all these issues, TLC has a major role in saving your money.


How Does TLC insurance work?


Before understanding TLC insurance, we need to learn TLC. The New York City Taxi and Limousine Commission (TLC) is working as an agency that manages all car-hire services in New York. Numerous car-hire service providers are working in New York City, and to manage every TLC vehicle, TLC has designed a set of requirements for TLC insurance Broker
.


The most important aspect of TLC is that it is not available in any other city except New York. In this city, if you are a driver of any for-hire car service, you need to avail of special liability coverage, which is called TLC insurance. Many drivers will not appreciate it, but if you want to earn money without any major issue, you need to buy it.


If you do not know about it, we will help you out in this regard via this article.

If you are picking up fare-paying passengers in New York, you need a special insurance policy. The New York City Taxi and Limousine Commission (TLC) requires it to protect the life you and passengers, and help you manage the expenses in the case of any injury or car damage. According to the TLC insurance policy, all commercial drivers need to have specific liability insurance coverage named TLC insurance. This insurance policy ensures that passengers and other drivers should be protected while on the roads. The insured drivers provide peace of mind to the passengers, as they know that they are safe in case of any mishap on the road.


What coverage, does TLC Insurance provide?


TLC Insurance makes sure that everyone, who is related to hire-for car services, should be financially protected. It provides coverage only to the third party, and you, as a driver, are not included in it.


The insurance companies do not include commercial vehicles as a whole in personal vehicle insurance, as TLC requires more. TLC insurance is the additional but minimum coverage to protect you against:

  • Property damage of the third party
  • Injuries of passengers or other drivers
  • Medical expenses of passengers and other motorists
  • Rehabilitation expenses
  • Lost wages expenses of the passengers
  • Uninsured motorist coverage


Conclusion


The drivers are constantly facing emergencies. Commercial drivers are more on the go. So, if they need to protect their passengers and other drivers, they must go for TLC insurance that will keep them and their passengers away from any danger.

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