Stay Covered

Everything you need to know about your insurance

Stay Covered in Taiwan

You are required to have 3 Insurance documents if you want to drive with Bolt. Here are the following: 1. Compulsory Insurance Please search and download your Compulsory Insurance via the link. 2. Passenger Insurance - Please carefully review the insurance coverage listed below. Make sure that your coverage amount is sufficient and that the information on your vehicle registration matches your insurance policy exactly. - To provide more comprehensive protection, each fleet is advised to increase the insured amount to the following figures, in addition to the minimum coverage required by law for passenger liability insurance: Fleet – Insured Amount (Minimum) - NICE Taxi – 5M - Happiness – 5M - Hi Taxi – 5M If the insurance coverage provided by your affiliated taxi company does not meet the fleet’s requirements above, please consult the fleet to see if they can assist in increasing the coverage under the Passenger Insurance and whether any additional charges will be incurred. 3. 3rd Party Liability Insurance Please bring both “Vehicle Registration” & “Compulsory Insurance” for the application of this document The insurance should cover: - Third-Party Liability Insurance – Minimum NT$2M million for bodily injury per person - Third-Party Liability Insurance – Minimum NT$4M total per accident - Third-Party Liability Insurance – Minimum NT$200k for property damage per accident Driver Injury Insurance / Employer’s Liability Insurance – Minimum NT$2M per injury and per accident: The coverage of Driver Injury Insurance / Employer’s Liability Insurance must include compensation for “traffic accidents.” If it only covers “single-vehicle accidents,” it does not meet the requirement. - If the coverage of the third-party liability insurance is insufficient, an excess liability insurance policy must be provided to cover the shortfall (i.e., any uncovered bodily injury or property damage amounts mentioned above). For example: If drivers third-party liability insurance coverage is NT$1M per person for bodily injury, NT$2M per accident, and NT$100k for property damage, then drivers excess liability insurance must cover at least NT$3.1M = (2M - 1M) + 4M- 2M) + (0.2M - 0.1M).

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