PCO drivers will have realized that the private hire industry has become more aggressive than ever, making it essential to remain one step ahead of the competition in order to get work.
Arrow Car Hire wants to give PCO drivers like you the best advice possible on how to spend more time on the road with clients while reducing dead mileage.
Here are our top 3 suggestions for finding more work.
1. Shifts and locations must be changed to keep up with the Night Tube.
The journey customers travel to go home has changed significantly since the introduction of the Night Tube service last year. The number of pickups in central London has decreased as expected, but what’s fascinating to observe is that pickups from suburban stations have increased.
Uber claims that Uber pickups from Night Tube stations have increased by 63 % on average, with some stations seeing increases of more than 300 %. Uber claims that trips beginning within 200 metres of Night Tube stations have increased by 22% while the Night Tube is operating.
So, in order to fulfil this rising demand, it could be worth considering changing shifts and locations.
2. Find passengers at Heathrow’s AVA car park — and enjoy a well-earned break while you’re there!
Last summer, Heathrow Airport decided to make the life of thousands of PCO drivers who pick up passengers easier by creating a reserved parking lot for them. It’s a terrific location to relax, grab a bite to eat, interact with other drivers, and simply relax in the luxury of your own vehicle.
You’ll need to be in this area to find customers because Uber will geofence you.
The Authorised Vehicle Area, as it is officially known, is a private car parking that is exclusively for PCO drivers, hence the parking costs there are significantly lower than the usual rate. On-site catering and toilet facilities are also available.
3. Work during the busiest periods
Drivers inform us that their busiest times are between 5 a.m. and 9 a.m. on weekdays to capture rush-hour passengers, and between 5 p.m. and 11 p.m. to get after-work rides at railway stations, pubs, and restaurants.
They are busiest on Friday and Saturday nights between 9 p.m. and 2 a.m., as transportation choices are restricted until then. The busiest times on weekends are mid-morning and Sunday evenings between 4 and 7 p.m.
So, from the night tube to taking breaks, we believe you’ve learned something new that will assist you to get more work on the roadways. Do you think we’ve missed something? Then send us an email at info@arrowcarhire.co.uk.
From the whole Arrow Car Hire team, we wish you all the best on the road.
Once you’ve become an Uber driver, understanding the larger context of rideshare driving in a busy city and maximising your earnings is an important part of becoming a successful driver.
While there are a number of factors that determine how much Uber drivers earn, one of the most important is dynamic pricing and how well drivers can use it to their advantage.
What does Uber’s surge pricing involve?
When demand for rides exceeds the number of drivers and cars accessible, surge pricing occurs. There are too many passenger requests and not enough vehicles to pick them up, leading to increased response time and ride prices. Surge pricing is a component of Uber’s pricing algorithm that controls supply and demand for peak periods.
The majority of travellers are sceptical of rising prices and don’t understand why they occur. They frequently perceive it as unfair or confusing, because they must pay more for the same distance. It is, however, founded on a simple economic principle.
How is Uber’s surge price resolute?
Surge pricing is based on the trade-off model of producers and consumers in economics. Simply put, when demand exceeds supply, the price rises. When the contrary occurs, the price drops.
This method is used by Uber to ensure that every passenger receives a trip. It’s also an excellent incentive for drivers to go where the demand is higher in order to make more money, resulting in more drivers becoming accessible and lower ride pricing. It’s a recursive process that benefits both drivers and passengers.
Surge pricing is performed using a simple exponent that is activated by a lack of drivers. This is accessible in the Uber app for both drivers and passengers, and it may change at any time depending on how quickly demand grows.
Surge pricing has no impact on the commission paid to Uber drivers for each journey. However, the additional cost is passed on to the drivers, making it a perfect opportunity to expand your earnings as a driver.
When does Uber charge a surcharge?
A variety of influences could have an impact on dynamic Uber pricing. The most important points are listed below.
1. Busy hours
Typically, rush hour occurs between 7 and 10 a.m. and 2 and 8 p.m. People are leaving and returning from work during these hours, putting a strain on congestion and car availability, resulting in a cost increase.
2. Night Driving
There are lots of cars accessible at night due to less traffic. If you’re a rideshare driver, it can be worth adjusting your schedule for a night shift now and again if you want to increase your profits.
3. Weekends
Weekends are the most costly days of the week. People go to parks, parties, restaurants, clubs and events and they are more active in travelling from point A to B. This increases demand for rideshare drivers, resulting in rising prices.
4. Bad Weather
Any type of bad weather, be it rain or snow, makes crossing the city far more difficult, especially for extended periods of time. As a result, there is a high demand for Uber vehicles.
5. Special events
Any major event in the city, such as concerts, tournaments, or marathons, where large numbers congregate and depart at the same time, might make finding an Uber nearly hard. The higher the cost, the less the supply. This is where you should be if you want to make more money as a driver.
6. Holidays
People visit their families and friends on New Year’s Eve, Halloween, and even Christmas. Uber drivers make the most money around the holidays because they not only make a lot of money, but they also get to drive in less traffic.
7. Strikes or protests
Normal transportation is interrupted whenever a train or bus strike occurs, making rideshare drivers much more valuable. Hundreds of people congregate in the same places during protests, causing congestion.
Do Uber drivers pay extra when there is a surge in demand?
Yes. During a surge, the difference in pricing is passed on to the drivers, but the Uber commission remains unchanged. Surge pricing, however, might have a negative impact on drivers.
On the one hand, it allows people to make more money during a surge because the difference in prices is credited to their account, and it encourages them to cover as many rides as possible. Many Uber drivers pursue the surge because they know it’s where they can make more money.
As a PCO driver, you have a variety of private car rental possibilities. Arrow Car Hire not only assists PCO drivers in becoming car owners but also provides an extensive range of Uber certified PHVs for new and experienced drivers to hire as a flexible alternative.
As London’s largest private hire company, we know how to keep our PCO drivers safe and on top of the competition, and we’ve had their backs since 2015. Whether you’re looking for a new or used hybrid, plug-in hybrid, or electric PCO vehicle, we’ve got you covered
PCO vehicles featured
We’re excited to introduce our newest PCO Car Hire range to our PCO family, which includes free insurance, servicing, road tax, and MOT. Here are some of the most popular Uber vehicle rental options.
Kia e-Niro
This PCO vehicle is well-known among private hire drivers. It’s one of the most preferred private hire vehicles, and it was our finest electric PCO vehicle in 2021! The Kia e-Niro 2 is an excellent choice if you want a completely electric compact with excellent range, storage, and technology.
Rent a PCO Car
The Lifetime of a Volkswagen ID.3
The fully-electric Volkswagen ID.3 appears to have been developed with PCO drivers in mind, and we’re really enthused about what it potentially provides. It boasts an impressive range and a stylish design. It may appear small, but it feels spacious and valuable in terms of back seats and luggage capacity, not to mention simple to drive and park on London’s short and tight roads — perfect for beginning Uber drivers!
Toyota Prius Plug-in Hybrid Business Series Plus
If you’re already connected with Arrow Car Hire, you’ll understand that we’re no strangers to the Toyota Prius, which has always been one of our favourites. There are several Prius varieties, and we believe that the Plug-in Hybrid Business Edition Plus is one of the best, having everything that Prius fans appreciate – reliability, safety, and pleasant driving.
These are just a few of the Uber-ready vehicles available through our PCO Car Hire service; there are many other PCO car rental options. To discover further about PCO hiring in London, visit our PCO Car Hire website.
Why should you use our PCO Car Rental Scheme?
If you’re a new Uber Partner or considering renting your first Uber car, we can help you make a living and be effective straight immediately. Our PCO Car Hire service covers the following features:
Flexibility
We provide a 4-week minimum rental period to ensure PCO drivers always have the flexibility to meet your particular needs. You have one week to retrieve your vehicle.
Excellent support
We’re here to help and support you with everything from submitting documentation to Uber for booking in your PCO car’s service requirements.
Completely inclusive
Drive an Uber-ready PCO car with free insurance, service, MOT, road tax, and 24/7 breakdown support. There are no additional fees for tyres or brakes.
Assistance with Accident Claims
We provide expert insurance and claims support. Following an accident, a replacement vehicle might be supplied.
What you will require to join Arrow Car Hire
Here is what you’ll need to bring with you while visiting us for our PCO vehicle rental:
• First week’s rent and a £500 deposit
• PCO licence and badge
• DVLA photocard licence
• Bank statement or utility bill (must match DVLA address)
• National Insurance number
*A minimum of 3 months of PCO driving experience is required. Complete details may be obtained on the different PCO vehicle pages.
Further PCO driver support information
We prosper when you succeed. Arrow Car Hire makes it as simple as that. We’ve assisted almost 8,000 PCO drivers to get on the road. Check out our updated Uber driver-guides:
• Obtaining a PCO licence in London
Working as a PCO driver allows drivers all around the UK to have the flexibility and independent working hours. As a PCO driver, this has a direct influence on your compensation systems. People choose to drive for rideshare applications such as Uber for two reasons: as a secondary source of revenue or as a full-time professional driver.
So the proper answer to the question “How much does a PCO driver make in London?” It is determined by two factors:
PCO driving has provided fresh and simple opportunities for anyone who owns a car to make extra money in their leisure time. Here’s all you need to know about how much a PCO driver earns in London and the financial limits.
What Does a PCO Driver Make in London?
According to Uber’s updated PCO driver’s plan, all British drivers would be deemed professional workers and will be eligible for a minimum salary, pension, and paid holidays.
An average PCO driver earns around £20,000 to £30,000 per year. On the other hand, the average hourly cost for a UK-based PCO car is £9 to £15, which can increase to £18 to £25, depending on factors such as driving on Saturday nights, bank holidays, or during peak hours. This implies that an entry-level PCO driver may potentially make up to £21,288 per year. A professional PCO car driver may earn up to £42,760 per year.
Though this is the minimum salary for all ridesharing services, keep in mind that it might change based on the platform in which you collaborate. To clarify, below is a breakdown of an Uber driver’s predicted revenue depending on their driving schedule.
Given that the National Living Wage in London is £9.50 per hour a full-time PCO driver may easily make more, making it a great source of revenue for everybody.
What Are the Costs of a PCO Car?
As an on-demand driver, you still manage a small business as a PCO driver. This makes you eligible for all expenditures associated with your PCO vehicle, including fuel, maintenance, taxes, and insurance. So, in order to make a consistent income, keep the following things in mind while you arrange your PCO car driving schedule:
1. Your PCO Vehicle
The type and make of your PCO vehicle have a direct influence on your overall profits. However, if you do not own the vehicle, keep in mind that the membership fees for your PCO car will consume a significant portion of your weekly budget.
As a result, for full-time PCO drivers, the best option is to participate in the PCO Rent 2 Buy pricing scheme, which will provide you with complete ownership of your PCO vehicle. Depending on the vehicle, the weekly cost ranges from £219 – £265.
If you want to be a part-time PCO driver, choose the PCO car hiring option, which will cost you between £149 and £204 based on the kind of PCO vehicle.
2. Driver Service Fee for PCO
Each of the ridesharing applications listed below has a different service fee:
Consider the service cost before signing – up for a ridesharing app, as it has a direct influence on your entire revenue.
3. The Expense of Maintenance
Your PCO vehicle will require service on a regular basis. However, until a severe problem occurs, you may not even notice the wear and tear. As a result, experts recommend setting up away a part of your weekly earnings for general service and seasonal tyre replacements. Please remember that the maintenance costs will vary depending on the drivetrain technology, power source (fuel or electric), and manufacturer.
4. Fuel Price
Whether you drive your own car or a PCO rental car, the most obvious expenditure is fuel. It is dependent on where you drive your PCO car and the model, especially the drivetrain. Electric vehicles can travel 100 miles on a single charge of £2 – £10. Modern vehicles with single internal combustion engines may cost up to £13 – £16 every 100 km. For comparison, hybrid PCO vehicles consume 20 to 35 % less fuel than typical diesel and petrol engines.
5. Congestion Charges
To keep London’s congested roads peaceful and the air quality acceptable, the government imposed congestion charges. If you want to drive your PCO car on London’s busiest streets, you’ll have to pay £15 every day which adds up to £2500 per year.
6. Tax
PCO drivers would have to pay taxes on their profits because they are regarded as equal workers. The tax cost may vary based on your weekly/monthly earnings and must be paid directly to the HRMC.
7. Insurance Fees
As a PCO driver who owns their vehicle, you will be responsible for managing your PCO vehicle’s PHV Insurance. The insurance policy can pay between £2000 to £4000, depending on the mileage driven each year, the age of your vehicle, and your driving experience. You will have to pay £55 to £60 per week for an average of £3000 PHV coverage.
PCO Car Hire in London
Looking for PCO rental plan in London? Arrow Car Hire provides high-quality and dependable PCO vehicles and also various PCO rental plans based on your budget and work requirements. We have no hidden fees, which makes hiring a PCO vehicle reasonable. Contact us right now if you want to hire a PCO vehicle!
The gig economy, as an alternative to traditional work, has been a lifeline for many, particularly during the epidemic. It offers flexibility, diversity, and the ability to determine your own hours and financial goals. Millions of individuals in the UK are involved in this chain, whether as customers, employees, or investors.
According to askwonder.com, the gig economy worker presently accounts for 4.4 % of the UK’s working population, with that number anticipated to increase to 75 % in the next five years.
If you’re interested in doing anything other than the traditional 9-5 workday, such as being an Uber driver, delivering food or parcels, or even selling your gardening abilities, becoming a gig worker may be for you. Here are the essential facts concerning the gig economy.
What exactly is the “gig economy”?
Simply put, it is a market economy system in which people work as contractors or freelancers for different projects or activities known as “gigs” rather than having a full-time job.
They are individuals who perform various duties for a certain length of time under the terms of a contract. The occupations could be anything that meets a need, such as on-demand driving, food delivery, dog walking, home painting, physical training, or teaching.
In 2019, the value of the market produced by gig workers in the United Kingdom was £20 billion. It’s a developing method to work, whether full-time or to complement another income.
How does the gig economy function?
The gig economy is predicated on convenience — both time and money. It connects individuals who provide services with those who want it, handling both communication and payment using mobile applications and platforms. In the United Kingdom, there are dozens of active platforms for various services, including Uber, Uber Eats, Amazon Flex, Airbnb, and eBay, to mention a few.
On-demand driving is, predictably, one of the most popular jobs. Even if you don’t own a car, you may sign up to drive one and optimise your profits on any of the several ridesharing platforms accessible.
What are the benefits and drawbacks of the gig economy?
As with anything in life, there are advantages and disadvantages to being a gig worker. Functioning in this alternate system depends on a variety of things that you must consider.
Pros:
Consumers benefit from instant satisfaction, while people offering the services get compensated for their own conditions and are often better than those working regular employment — it’s a win-win situation.
Cons:
Being a gig worker, like any other source of income, can be incredibly satisfying and provide a better work-life amount than traditional occupations provided you are prepared and well-researched.
How can Arrow Car Hire Assist You?
We are PCO vehicle specialists, and we can help you earn extra even if you don’t have a car. We have our own PCO vehicle fleet, and unlike vehicle finance, we’ll assist you to get started with a rideshare-ready car on flexible car subscription plans, with personalised assistance every step of the way.
You’re not into ridesharing. We don’t worry in any way. You may utilise your vehicle for gigs on other platforms, making the most of your time and expertise. Whatever your objectives are, our plans provide adaptable assistance for people looking to take control of their careers. We don’t care about vehicles; we care about people.
Bolt, formerly known as Taxify, is an Estonian ridesharing service that was one of the first rivals to take on Uber in London, one of the world’s largest rideshare markets. With a significant presence in both Europe and Africa, Bolt has attracted over 25,000 drivers in the Greater London Area.
Since its introduction in London, Bolt has used its 10_20 percent commission rate (based on the city and the car you drive) as a primary difference from Uber, putting more money in drivers’ pockets. Bolt also charges a higher fee to passengers to cover the expense of the congestion zone. Check out our comprehensive comparison of London ridesharing apps:
Getting started with Bolt in London is simple, especially if you have recently signed up with other ridesharing services and have the necessary documents. The procedure is fairly similar to that of signing up for Uber.
To become a Bolt driver in London, you must first register online. See the following for further information:
How to Join Bolt in London
Bolt vehicle standards in London
To become a Bolt driver, you must have a car that matches the following standards, as well as the necessary documents:
• Below ten years old
• Four doors
• At least five seats
• Excellent operating condition with minimal aesthetic damage
• No commercial branding
• must fulfil TfL’s PHV emission criteria
1. PHV registration (paper licence)
2. Certificates of Hire and Rewards insurance
3. A MOT certificate that was issued within the last six months
4. V5C logbook for the vehicle
If you rent a car from Arrow Car Hire, Bolt will additionally want a fleet insurance policy certification as well as any other supporting documents such as a permission letter and policy schedule (driver and vehicle schedule).
Bolt driver specifications in London
You must provide certain personal documentation that confirms that you are qualified to operate as a private hire driver in London, just like you must with any other ridesharing platform. To complete your application with Bolt, make copies of the necessary papers.
• DVLA driving licence
• PCO licence (paper licence & photo badge)
• UK bank account number and sort code
• A profile picture that satisfies the requirements
Examples of Bolt-required driver documentation.
Bolt Assistance
Whether you’re having problems with your application, Bolt provides many support options:
How can I contact Bolt’s customer service?
You may contact Bolt’s 24/7 driver phone support service at +44 808 169 8818, their sign-up assistance professionals at london-signup@bolt.eu, or uk-driver@bolt.eu if you’re already a driver.
Where is the Bolt Training head office?
Bolt’s training centre is located at 114 Power Road, Chiswick, W4 5PY.
Regardless of the fact that almost all electric PCO cars can travel more than 200 miles on a single charge, the well-known range anxiety remains a constant problem among electric car drivers. Despite the convenience of electric vehicles, it can be nervous for an EV owner to drive with one eye on the battery’s state of charge and the other on the road.
1-Keep the battery in excellent condition.
Your electric PCO car’s battery will deteriorate and lose energy through time and use, reducing the recommended driving range for each charge. For the first four years, an electric car battery maintains more than 75 % of its total energy charge. The average speed at which an electric PCO car battery decreases, on the other hand, is directly related to how well it is maintained and utilised.
It has been revealed that an electric car battery that is placed outside in intense temperatures degrades more quickly than one that is well-maintained and stored inside a garage. The majority of the damage is determined by the model of your electric PCO car.
2-Develop a More Efficient Route
Are you planning a family trip? When driving an electric car, it is not just about how long you want to go, but also about the route you choose. The more time you spend driving on expressways and motorways, the more energy your electric car will consume, and thus the faster your predicted electric – vehicle driving range will decrease.
On the other hand, if you arrange ahead of schedule, your electric car will travel a greater distance while consuming less energy. Most electric vehicles now include a designed touchscreen navigation system that will guide you to your location through the most charge-efficient path.
3-Prepare Your Electric Vehicle
One of the most impressive aspects of having a completely electric vehicle is the ability to preprogram your electric PCO vehicle. Instead of utilising the warmth or air conditioner while driving, you may control the heating or cooling system of your electric car from the comfort of your armchair.
As a consequence, the next time your electric PCO car is hooked into the charger, switch on the air conditioner or heater (whatever you want) so that the only thing your EV needs to use while driving is to keep the temperature. Fixation your electric vehicle before each journey will result in decreased energy consumption, increasing the number of kilometres your EV can travel on a single charging process.
4-Increase Regenerative Brakes
When you apply the brakes on an electric PCO vehicle, the regenerative brakes convert the kinetic energy into energy that can be stored until it is needed again. While it is not a large quantity of energy saved, it increases the driving range of your electric vehicle and avoids the traditional friction brakes from being activated. In other words, regenerative braking allows you to make a stronger braking effect and adjust the generator’s resistance by releasing energy that is transferred back into the batteries of the electric PCO vehicle.
When driving an electric PCO vehicle within the city, however, it is recommended that you set a greater regeneration level. As a result, rather than simply relying on your electric vehicle’s brakes, makes the most of the regenerative braking.
5-Always Be Ready
Because mass is the enemy of efficiency, make sure your electric PCO vehicle is as light as feasible. This does not require that you eliminate the seats or remove the spare tyre; it just means that the trunk of your electric vehicle is not cluttered. Remove the bike carriers and roof racks if not in use. Keep an eye on your tyre pressure because the lower the pressure, the more energy your electric PCO vehicle will need to drive around downtown.
6-Add-On Charging
Regardless of where you’ve been going, make sure there are electric car charging stations along the way. This will assist you in keeping up with the charge and prevent fully emptying the battery of your electric PCO vehicle. Battery charge is another factor that influences battery capacity. Keep in mind that the longer an electric car is charged at or around maximum capacity, the more dangerous the battery becomes. As a consequence, by scheduling your electric car’s charge—that is, recharging it no more than 80 % and disconnecting it as soon as it reaches the 20 % mark—you will be able to extend the life of your EV’s battery.
7-Drive Consistently
Would you like to maximise the energy efficiency of your electric PCO vehicle? Choosing the least difficult path usually pays off. As a result, your driving range will instantly expand since your electric car would not use extra energy for fast acceleration or sudden braking. However, when driving within the city, remember to keep your electric PCO car at slow speeds to save energy in the long term.
Electric vehicles have advanced at a dizzying speed in recent years. Because of the improvement of lithium-ion batteries, electrically powered vehicles may now travel long distances on a single charge. According to the most recent updates, electric vehicles with a range of 500 miles or more are expected to hit the market shortly.
However, now that you know how to increase your electric vehicle mileage, use the above tips and strategies to get through your electric PCO car’s battery. Looking for an electric PCO vehicle in the UK? Contact Arrow Car Hire if you want to rent the greatest and most efficient electric cars in the UK!
London is known as the “City of Dreams.” When you come to visit the city for a fantasy vacation or a business trip that can change your life permanently, you must travel in luxury as well. As you walk around the city travelling by the Big Ben and also the London Eye, among other prominent landmarks, your behaviour indicates your social standing. No matter how expensive your clothes are and how beautiful the place you’re staying is if your vehicle isn’t up to standard, you and your company’s reputation suffer.
London Executive Car Hire
As a consequence, we bring to you the greatest executive vehicle service in London. We understand that you cannot afford to purchase a car for your short visit to London, and borrowing it from everyone else is not an option. The taxi service in London is extremely costly and unreliable. Whether you are planning a major conference or even a grand function, you do not want to be included among the individuals who use the taxi service.
The beloved city of England is a busy place for travellers from all over the world. This bustling city of London has so many things to do that you will never be bored. Whether you want to absorb some culture or live like a local, there’s always something to accomplish.
A professional chauffeur with a luxury vehicle is a necessity if you want to create a good impression on any people passing and represent your real status. If you plan on visiting a Gala Dinner in order to interact with the wealthy, a decent Executive Car is an absolute requirement. If you want to convert all of these conversations into commercial commitments, you must make the appropriate initial impact.
You can hire the company to pick you up from the airport and drop you off at your next location. You may use it as a guideline to navigate across the entire city in style and pleasure. This service may also be booked for a few hours to pick you up and drop you off at an event or meeting.
We use a variety of background checks and certification standards to verify that our drivers are qualified. They know how to treat you trained properly on your rank. They also give you a wealth of information that you may utilise to provide better services and accurate information. The chauffeur will provide you with all of the luxuries you want while travelling.
The vehicles we provide are well-equipped to fulfil the needs of the customer. We offer premium vehicles such as Mercedes, Audi, Rolls Royce, and even a few Phantoms, depending on availability. All vehicles are delivered to the applicant after they have been pre-booked. We do not require full payment in advance and provide 100% customer satisfaction. If you are dissatisfied with our service, we will make certain that you receive the most bang for your buck.
London Luxury Car Hire Services
You will never forget your experience with our services. When you want to have a good time in London, our luxury vehicle rental service is the only one you will need. We will take care of all of your concerns so that you may enjoy your trip to the fullest.
Finally, we cannot emphasise enough how hiring a luxury automobile may take a huge burden off your mind while you travel around the wonderful city of London. Our service will provide you with the greatest possible care.
We hope this article has informed you about the best executive vehicle hire in London. Visit our website, https://arrowcarhire.co.uk/ for further information about our services and to learn how to arrange a car service in London. Arrow Car Hire will provide you with a truly unique experience.
Aside from PCO and PHV licences, it is required that both you and your car be insured by rideshare insurance if you want to get started with Uber or other ridesharing platforms in London. When you drive a rental vehicle, the car subscription provider may even cover it.
We’ve gathered the fundamentals of ridesharing insurance, especially PHV insurance, and how much you need to know to get started.
To use your car for ridesharing, you must obtain car insurance that is unique from ordinary personal car insurance. Rideshare insurance is similar to a comprehensive vehicle insurance policy and is created exclusively for rideshare drivers. It covers incidents that may occur when you are transporting passengers in your vehicle.
To use your car for ridesharing, you must obtain car insurance that is separate from your regular private car insurance. Rideshare insurance, which is equivalent to a comprehensive car insurance coverage, is developed exclusively for rideshare drivers. It protects you against incidents that may occur when you are transporting passengers in your vehicle.
However, if you’re serious about becoming an Uber driver as a full-time job, PHV insurance is the way to go.
What is PHV insurance?
Private hire insurance (PHV insurance) is a statutory necessity for all private hire drivers in London who pick up passengers who have planned their journey using a ride-hailing app. Uber, Bolt, and Ola all need PHV insurance. It protects both drivers and passengers in the event of an accident.
Is PHV insurance necessary to drive for Uber in London?
Yes. Uber does not provide insurance to riders in the United Kingdom. This implies they must maintain their own insurance and produce proof of sufficient protection when signing up to drive.
What types of PHV insurance are there for Uber drivers?
Although Uber regards itself as a Transportation Network Company rather than a taxi company, your insurance must expressly cover driving your own car for hiring or reward. There are three tiers of PHV cover available in the UK:
The most mandatory insurance package available for Uber drivers is fully comprehensive. If at all possible, we highly suggest it.
Because of the hazards inherent in transporting passengers, Uber drivers must also obtain public liability insurance. This includes any claims brought against you by customers or members of the general public who were involved in an accident while you were driving.
Public liability coverage might also cover your legal expenditures for a minimal extra fee.
How much does PHV insurance price?
PHV insurance is usually more costly than standard vehicle insurance. However, the specific cost is determined by various factors including driving history, insurance type, vehicle type, age, years of driving experience, and mileage.
According to Inshur, a normal PHV driver over the age of 25, driving a normal saloon car with a clean past will pay between £1,500 and £3,500 per year for fully comprehensive insurance. This can be much higher for new drivers or those with a poor driving record.
All Arrow Car Hire vehicles come with comprehensive car insurance.
Does Uber cover PHV insurance?
No, not exactly. They don’t access level PHV insurance to drivers, but they do work with a number of insurance companies, including Acorn, Inshur, and Zego, to provide Uber-approved ridesharing insurance. These services make it easier by submitting the insurance paperwork to Uber on your behalf.
However, Uber does provide some insurance to protect its drivers from illness or injury when they’re on the road, and they do not cover your vehicle or your passengers.
How can I reduce the cost of my PHV insurance?
There’s no getting around it: being an Uber driver isn’t cheap, especially when you consider all the additional costs, such as PHV and PCO licences.
Here are a few points to help you save money on your PHV insurance:
How can Arrow Car Hire assist me in being an Uber driver?
Arrow Car Hire is more than just a car subscription service. We supply you with a safe and dependable new-model vehicle for ridesharing, as well as everything else you need to get started earning money.
The weekly membership cost includes full ridesharing insurance. Aside from being protected in the event of an accident, this implies less documentation for you.
It does not end there. Aside from ridesharing insurance, Arrow Car Hire membership includes the following benefits:
Fly in elegance with our list of the top 10 private airports in London. Learn about the terminal amenities and get valuable contact information for each of the Fixed Base Operators (FBOs) — luxurious private airports where travelers may begin and conclude their journey seamlessly.
1. LONDON LUTON AIRPORT (LTN/EGGW)
With two FBOs, it is one of the most popular private jet airports in London. The airport is two miles from Terminal 10 of the M1 motorway, and the trip time from London is approximately 30-40 minutes.
Address: Percival Way, Luton, England LU2 9PA
Phone: +44 (0) 1582 724182
Signature Luton also includes ELITE Class, which enables passengers on budget airline flights with a seamless experience by utilising the private terminal for departures and arrivals, with special check-in, immigration, and security facilities.
Harrods Aviation
Address: President Way, London Luton Airport, LU2 9NW Luton, Bedfordshire
Phone: +44 (0) 1582 589317 (24hr)
• 35 miles from downtown London
• 2,162-metre runway
2. FARNBOROUGH AIRPORT (FAB/ EGLF)
Airports like Farnborough only provide private jet service, and for most of our drivers, this is their favourite airport for private jets.
Farnborough is easily accessible by the A3 or M3, which is less than an hour away from Central London on a good day. Entrance to Farnborough is not possible but if you have a PPR number, which serves as an entry code to the private airport parking.
When you walk into reception, you feel like you’re in a five-star hotel, equipped with a magnificent airline lounge where you can rest and relax while being served light refreshments and beverages.
Our chauffeurs also have access to a private lounge where they may wait until their customers arrived.
Address: Business Aviation Centre, Farnborough GU14 6XA
Phone: +44 (0) 1252 379000
• 37 miles from central London
• 2,440 m runway length
3. LONDON STANSTED AIRPORT (STN – EGSS)
The airport is open 24 hours a day and is one of three in London that can accommodate VIP jets larger than the Boeing 767. The airfield opened in 1943 and was operated by the Royal Flying Corps as RAF Stansted Mountfitchet during WWII.
Address: London Stansted Airport, First Avenue, Stansted CM24 1QQ
Phone: +44 (0) 1279 665300
Inflite Jet Centre
Address: The Jet Centre, Hangar 1, Stansted CM24 1RY
Phone: +44 (0) 1279 831 000
• 30 miles from central London
• 3,048 m runway length
4. LONDON BIGGIN HILL AIRPORT (BQH/EGKB)
There is an authorised UK Port of Entry, no runway slots, and convenient opening hours. Biggin Hill’s main advantage is its proximity to Central London, which makes it an excellent choice. The airfield was once known as RAF Biggin Hill, and a tiny enclave on the property still has that identity. It is also a port of entry for pets flying on private jets.
Address: Hangar 510, Churchill Way, Biggin Hill, TN16 3BN.
Phone: +44 (0) 1959 577027
• 13 miles from central London
• 1,808 m runway length
5. LONDON AIRPORT PRIVATE JET CENTRE (LCY / EGLC) London Airport
London City Airport is indeed the airport nearest to the central city:
• 3 miles from Canary Wharf
• 5 miles from Parliament
• 10 miles from Mayfair
The Private Jet Facility at London Stansted Airport is the only one in the city.
Speed and efficiency are desired by time-pressed business passengers who are only three miles from Canary Wharf and five miles from the City.
The only Jet Centre in the city of London.
90-second departure time and 90-second arrival time
Excellent customer service and facilities
Access roads to London and the majority of the UK is simple.
• 1,508 m runway length
Address: Royal Docks, London E16 2PJ
Phone: +44 (0) 20 7646 0400
6. RAF NORTHOLT JET CENTRE IN LONDON (NHT/ EGWU)
Royal Air Force Northolt is London’s most prestigious private jet airport. The Queen’s Airport is RAF Northolt. Excellent for privacy and security. Northolt opened in May 1915, approximately three years before the Royal Air Force was established, making it the earliest RAF facility.
Address: Address: Northolt Airport, W End Rd, Ruislip HA4 6NG
Phone: +44 (0) 20 8845 8844
• 14 miles from central London
• 1,687 m runway length
7. BLACKBUSHE AIRPORT (BBS – EGLK)
Address: Blackbushe Airport Terminal Building, Camberley, GU17 9LQ
Phone: +44 (0) 1252 471300
• 37 miles from central London
• 1,335 m runway length
8. LONDON OXFORD AIRPORT (OXF/ EGTK)
Address: Langford Ln, Kidlington, Oxfordshire OX5 1RA
Phone: +44 (0) 1865 290600
• 62 miles from central London
• 1,552 m runway length
9. LONDON GATWICK (LGW – EGKK)
Gatwick is the world’s busiest single-runway airport, and spaces are required, which the FBO may assist in acquiring. The Victoria Express, which is a 5-minute walk from the FBO front door, is a main transport benefit of Gatwick.
Address: Sussex Suite, Queens Gate, Horley, Gatwick RH6 0JJ
Phone: +44 (0) 1293 569000
Signature Gatwick also offers ELITE Class which provides passengers on commercial flights with a seamless user experience by utilising the private terminals for departures and arrivals, with exclusive check-in, immigration, and security facilities.
• 30 miles from central London
• 3,316 m runway length
10. LONDON HEATHROW (LHR / EGLL)
One of the world’s busiest commercial airports, with great infrastructure. Slots are needed, which the FBO may assist with, and landing costs are greater than at comparable airports.
Address: Aviation House, Southern Perimeter Road, Hounslow, TW6 3AE, UK
Phone: +44 (0) 20 8283 2500
• 12 miles from central London
• 3,902 m runway length
VEHICLES DRIVEN BY CHAUFFEURS FOR YOUR PRIVATE JET SERVICE
The Mercedes V-Class is one of the most popular chauffeur-driven cars. Many clients may select a V-Class for their baggage and personnel while booking a sedan for themselves. This incredibly spacious vehicle can carry 7 persons and their belongings, making it ideal for family trips.
The Mercedes S-Class is a magnificent luxury vehicle. With space for up to four people and capacity for two large luggage in the boot. The S-Class is known for its safe and stylish design, as well as its luxurious comfort.
The versatile interiors of the Range Rover Autobiography are luxurious, and the boot is spacious. As a result, it’s become a popular choice for fashionable airport transfers.
The Rolls-Royce Phantom and Bentley Mulsanne elevate luxury to greater levels. Both are magnificent and ready to make a great entrance or exit.
Arrow Car Hire
5 Brayford Square, Brayford Square, London, England, E1 0SG
info@arrowcarhire.co.uk
Monday to Friday: 9am-6pm Saturday: 10am-3pm
Disclaimer: Arrow Car Hire Uk London Limited Registered in England No. 12683567. Registered Address: 5 Brayford Square, Brayford Square, London, England, E1 0SG