Cab drivers typically pay between $ 5,000 and $ 10,000 a year for commercial coverage, depending on driving history, whereas personal insurance costs significantly less.
Not exact matches
Yet more affluent and cosmopolitan Chinese have flocked to Uber's service, attracted by fares that are on average at least 35 percent cheaper than taxis, with the cars generally more luxurious than
cabs and
drivers who offer free water and are
typically more polite.
The
cab driver leases the car and route from the owner of the
cab license, who buys the license from what is known as a «medallion,» which is in turn managed by a management company that
typically is responsible for several medallions.