News

TLC Drivers Are The Solution To A Faulty Autonomous Driving System

Several companies are investing in autonomous driving vehicles. As a result of this, concerned taxi and rideshare drivers must contend with the question: how long until cars will no longer need drivers? Transportation is essential in major metropolitan areas such as NYC, so much so that professional driving continues to be a growing field. We…

Full Coverage/Physical Damage Insurance

What Is Full Coverage or Physical Damage Insurance? Full Coverage or Physical Damage Insurance (also known as a Fire, Theft and Collision policy) is a combination of collision coverage, which applies to damage sustained when a covered vehicle collides with another vehicle or inanimate object, and comprehensive coverage, which applies to losses caused by fire,…

Pros & Cons of the Buddy System

If you started out as a rideshare driver, you might know that having a friend or family member onboard when picking up passengers will get you into hot water with apps like Uber or Lyft. One of the reasons cited is that all rideshare contractors must have background checks, but there are others, like having…

IMPORTANT: Details On Our New Website!

Welcome to the new TLCRentalMarketplace.com! TLCRentalMarketplace.com is now a paid membership website. Drivers can browse and use the site at no cost, forever! However, fleet owners wishing to list their cars will need to join as paid members. At no cost to you until November 15, fleet owners may post vehicle listings for thousands to…

Fleet Owners in New York City need a Trade Organization!

The Black Car industry in New York City (“NYC”) has a trade association named the Black Car Assistance Corp (“BCAC”). The Livery industry in NYC has a trade association named the Livery Round Table (“LRT”). Taxi drivers in NYC have a trade association named the Taxi Workers Alliance (“TWA”) and the Luxury Limousine sector has…

Stay Strong- We Will Survive

It is times like we are facing today that no one could have ever dreamed of (or had a nightmare about). The City of New York on essential lockdown. The streets and subways are empty, the public locked in their homes and businesses closing down and laying people off. This hat not only hit us…

FHV Insurance- FHV Driver Must Ask About Broker’s Fees

It is that time of the year when For-Hire Vehicle (“FHV”) drivers in NYC are scrambling to renew their FHV auto insurance policies. In the rush to renew, some drivers don’t look to see or even ask of their broker is charging them a fee for their services. I don’t mean the commissions paid by the…

Stable Insurance- FHV Insurance Right At Your Fingertips

Let’s face it. Insurance renewal time for NYC For-Hire Vehicle (“FHV”) drivers is a long, frustrating and often painful process. Why is this the case? Historically, FHV drivers have to make multiple trips to their insurance broker’s office, fill out long applications, send emails to follow up, provide driver’s abstract, etc. All of this time…

Will the N.Y City Council Permit Advertising in FHVs?

About one month ago, I authored a blog on this site detailing the case of Vugo, Inc. an infotainment company that wanted to place advertisements in for-hire vehicles. Despite the financial benefits that would come to drivers as a result of allowing such ads, the TLC prohibited Vugo and others from displaying such ads because,…

New Type of Insurance For FHV Drivers- Parametric Insurance

While most for-hire vehicle (“FHV”) drivers have heard of insurance, they typically relate it to auto insurance or Workers’ Compensation insurance. Parametric insurance is a different type of insurance that most FHV drivers have never heard of. Most insurance involves an accident, a claims process, an adjustment process, and a payment process. All of these…