Taxi Insurance NYC 2026: Green Cab Rules & Renewal Checklist
Complete guide to yellow and green taxi insurance requirements, updated for 2026 with the 24/7 coverage rule and PIP reform impact explained clearly.
Updated for 202624/7 coverage rulePIP reform
Taxi Insurance Coverage Requirements
Taxicab minimums
- Liability: $100,000 minimum / $300,000 maximum bodily injury
- PIP: $100,000 per person on March 1, 2026 (replacing $200,000)
- Property damage: $10,000
- Coverage: continuous 24/7 under the January 1, 2026 rule
Street hail livery
- The March 1, 2026 PIP rule also covers street hail liveries: $100,000 per person, replacing $200,000.
- This page does not list a separate street-hail liability or property-damage dollar amount, because the taxicab chart above is the figure TLC states for taxicabs.
- Coverage: continuous 24/7 under the January 1, 2026 rule.
Taxicab liability and property damage are in the NYC TLC insurance rule. See also the TLC vehicle insurance page.
24/7 Coverage Rule (Effective January 1, 2026)
Starting January 1, 2026, all TLC vehicles must maintain continuous 24/7 insurance coverage with no gaps or lapses. This rule eliminates the previous practice of coverage gaps during non-operating hours.
What This Means
- • No coverage gaps allowed
- • Insurance must be active 24 hours daily
- • Applies even when vehicle not in service
- • Includes weekends and holidays
Compliance Steps
- • Review current policy for gaps
- • Coordinate renewal timing carefully
- • Maintain proof of continuous coverage
- • Update TLC Up immediately after changes
Taxi License Renewal Checklist
90 Days Before Expiration
30 Days Before Expiration
Insurance & TLC Inspection Requirements
TLC vehicle inspections and insurance requirements are closely tied. Understanding this connection helps you maintain compliance and avoid service interruptions.
Inspection Schedule
- • New vehicles: Initial inspection required
- • Vehicles 0-2 years: Annual inspection
- • Vehicles 3-5 years: Semi-annual inspection
- • Vehicles 6+ years: Quarterly inspection
Insurance Documentation at Inspection
- • Current insurance declarations page
- • Valid FH-1 certificate
- • Proof of continuous coverage
- • Any endorsements or amendments