Welcome To Sherpa Brokerage!

What is TLC?

TLC refers to the New York City Taxi and Limousine Commission, which is an agency that regulates and oversees the taxi and for-hire vehicle industries in the city. The TLC sets standards for drivers, vehicles, and base stations, and is responsible for issuing licenses and permits, enforcing rules and regulations, and safeguarding public health and safety.

You therefore require TLC insurance in Queens or any other borough of New York City. You cannot avoid this insurance, no matter where you are in the city.

What is TLC Policy?

TLC policy refers to a type of insurance coverage that is required by the Taxi and limousine commission for commercial passenger transportation vehicles in operation in a specific region, usually a city.

This insurance coverage is designed to provide financial protection to drivers, passengers, and third parties in the event of an accident or other incidents while the vehicle is being used for business purposes. The specific requirements and details of TLC policies vary by location and commission regulations.

Do I Need TLC Insurance?

The answer to the question "How significant is TLC Insurance?" is very important. It's a reality that it's required. Before your car can be utilized for commercial purposes in NYC, you must have at least a minimal level of insurance if you wish to operate a ridesharing or taxi service here. This bare minimum of insurance includes:

  • Liability coverage.
  • Personal injury protection.
  • Uninsured motorist coverage.

It's important to be aware that the TLC insurance required by law in New York City (NYC) only covers other people and their property. If you want to safeguard your car, you must purchase Physical Damage Coverage. Speak with us about getting the appropriate amount of insurance in place.

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How much does TLC insurance cost in NYC?

The cost of TLC insurance in NYC can vary depending on several factors such as the type of vehicle, the driving history of the driver, and other factors including:

  • How many years you have been driving a rideshare vehicle or taxi.
  • What your previous claims record looks like.
  • Whether you have any police citations.
  • What type of vehicle you have.

We would be pleased to talk with you about your insurance requirements and provide you an estimate. You will need to submit your name, address, and age in order for us to do this. We also require the following information:

  • DMV and TLC license.
  • Driving and accident history.
  • TLC base letter.
  • Vehicle details.

Other TLC Requirements

You'll find it helpful to know that there are additional requirements that must be met by taxi and rideshare drivers in NYC in addition to insurance. TLC has additional requirements for the car you drive. These requirements are:

  • The vehicle must be a four-door car or minivan that was registered in 2006 or later.
  • The vehicle must be kept in good condition with no cosmetic damage.
  • The vehicle must have a valid emissions certificate.
  • There should be no commercial branding on the vehicle.
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Stay Protected on the Road

We Offer Comprehensive TLC Insurance Solutions

The New York Taxi & Limousine Commission mandates that all vehicles utilized for commercial passenger transportation must be properly insured. Non-compliance may result in significant fines and legal consequences.

We are dedicated to assisting you in securing comprehensive insurance coverage for your commercial vehicles. We partner with leading insurance providers in New York to offer competitive pricing options.

Our team is equipped to assist drivers of UBER, Lyft, Yellow Cab, Green Cab, and Black Car & Livery services with obtaining both liability and full coverage insurance policies to meet their specific needs. Our goal is to provide you with the best insurance options to protect your business.

  • Reliable Service
  • Fast Application
  • Flexible Insurance
  • Comprehensive Solutions
  • Competitive Pricing
  • Trusted Professional
List of required documents

What do I need?

  • Base Letter
  • Driver License (3Yrs +)
  • Valid TLC License
  • A copy of Social Security Card
  • Proof of Address (Utility Bills such as Gas, Electricity or Bank Statement)
  • 6 Hours Defensive Course Certificate (If not listed on abstract)
  • Title / Vehicle Current Registration / Bill of Sale / MV50 (Proof of Ownership)

These are required documents. If you have any questions, please contact us.

Our Partners

We work with New York's respected and enduring insurance companies.

TLC Insurance FAQ

  • What types of insurance does TLC require for taxi and limousine drivers in New York City?

    TLC requires taxi and limousine drivers to have liability insurance and garage liability insurance. Liability insurance covers damages or injuries caused by the driver to a third party, while garage liability insurance covers damages or injuries caused by the vehicle while it is being operated as a taxi or limousine.

  • What is the minimum coverage required by TLC?

    TLC requires a minimum liability coverage of $100,000 per person and $300,000 per accident for bodily injury and $10,000 for property damage. This means that in the event of an accident, the insurance company will cover up to $100,000 in medical expenses per person, up to $300,000 in total medical expenses per accident, and up to $10,000 in property damage. It is important to note that these are the minimum coverage requirements and some TLC drivers may choose to purchase additional coverage for added protection. It's also important to ensure that the insurance policy you purchase meets the TLC's requirements and regulations.

  • Is it mandatory to have commercial auto insurance for TLC-licensed vehicles?

    Yes, TLC requires all licensed taxi and limousine vehicles to have commercial auto insurance.

  • How can I obtain TLC insurance?

    TLC insurance can be obtained through an insurance broker or agent who is authorized to provide TLC insurance. You can also find a list of authorized providers on TLC's website.

  • How do I submit my TLC insurance information?

    You can submit your TLC insurance information through the TLC's e-hail application system, by fax, or by mail.

  • What happens if my insurance policy expires or is cancelled?

    If your insurance policy expires or is cancelled, your TLC license will be suspended, and you will not be able to operate as a taxi or limousine driver.

  • What happens if I am involved in an accident while driving a TLC-licensed vehicle?

    If you are involved in an accident while driving a TLC-licensed vehicle, you must report the accident to TLC within 24 hours. TLC will investigate the accident and determine if any violations have occurred.

  • What happens if I am found to be operating without valid TLC insurance?

    Operating without valid TLC insurance is a violation of TLC regulations and can result in fines, suspension or revocation of your TLC license.

  • Is there any additional coverage required for TLC-licensed vehicles?

    TLC also requires vehicles to have a commercial auto insurance policy with a minimum coverage of $1,500,000 combined single limit.

  • Can I purchase insurance from any insurance provider?

    No, TLC-licensed vehicles can only be insured by a provider that is authorized by TLC. A list of authorized providers can be found on TLC's website.

  • Will my insurance rates be affected if I am involved in an accident?

    Your insurance rates may be affected if you are involved in an accident. Insurance providers will take into account the circumstances of the accident and your driving record when determining your insurance rate.

  • Need a helping hand to find the insurance that's right for you?

    If you need help finding the insurance that's right for you, we can assist you. Our agent is a professional who acts as an intermediary between you and the insurance company. We will work with you to understand your insurance needs and help you find the right policy to meet those needs. We can also help you compare different policies and pricing options to ensure you're getting the best value for your money. We are independent and can help you with all types of insurance, from health and life insurance to car and home insurance. We can also help you with special coverage, for example for events, for your business, for bonds, etc. We can also help you with renewals, claims and any other related needs. We can be a great resource when it comes to navigating the complex world of insurance.

Please Note: Please be aware that the information provided above serves as a general guide to understanding different aspects of insurance. It should not be considered an insurance policy, does not refer to any specific policy, and does not alter any provisions, limitations, or exclusions outlined in any insurance policy. The descriptions of coverages and other features are brief, and to fully understand them, we recommend reading the relevant policy or speaking with an insurance representative. Coverages and features may vary between insurers, by state, and not all states offer the same options. The coverage of an accident or loss is subject to the terms and conditions of the actual insurance policy involved in the claim. Examples of average or typical premiums, losses, deductibles, costs of coverages/repair are for illustration purposes only and may not apply to your situation. We are not responsible for the content on any third-party websites linked from this page.