Quite a bit more than that of a private car, because it is not the same product: a ride-hailing vehicle requires a passenger transport policy for professional use, and the simulator at VTC360 uses an average figure of €250 per month — around €3,000 per year — in its July 2026 parameters. This is a calculation benchmark, not a quote: actual policies both below and above this figure exist, and there is considerable variation.
What affects the premium:
- Professional use itself. More hours on the road and more urban mileage than a private motorist: the risk of an accident is structurally higher, and the premium reflects this.
- The driver. Age, length of time holding a licence and previous accident history carry significant weight; a young driver or a newcomer to the sector noticeably increases the cost of the policy.
- The city and the vehicle. The area’s urban accident rate, the car’s value and the cost of repairs (recent hybrid and electric models are more expensive to repair).
- Coverage. From compulsory third-party liability to comprehensive cover with an excess, plus cover for additional passengers, legal defence or a replacement vehicle — particularly relevant when every day the vehicle is off the road means lost revenue.
Two tips to avoid disappointment:
- No ‘disguised’ private policies. Insuring a car used on a ride-hailing platform as a private vehicle is a sure-fire way to have a claim rejected — and valid insurance is also a requirement for authorisation, which is checked during the licensing process.
- Compare quotes through specialist channels. Brokers who work with ride-hailing fleets know which insurers are underwriting the risk at any given time; the difference between the first quote and the best one can amount to hundreds of euros a year. At services you’ll find the network’s partner directory.
To put the insurance into the full picture — alongside the vehicle, driver, fuel and platform commission — check the fixed costs of maintaining a licence and plough your figures into the profitability simulator.
The living price reference is the VTC licence price index: by province and month by month, with sample and source.
LAST REVIEWED · Jul 19, 2026 — VTC360 guide: general criteria, not advice for your specific case.