Taxi firm installs in-car CCTV system to protect itself against compensation claims
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A taxi company has decided to take some serious action in order to mitigate any possible compensation claims by installing CCTV cameras in all of its vehicles.
According to a news report on the matter, C&D Taxis, which operates across Tyne and Wear, decided to have latest-generation cameras installed in all of its cars. The cameras record both inside and outside the vehicle, thus helping taxi drivers protect themselves against staged accidents and false whiplash claims, driving offences and traffic allegations.
Setting up such a system is also quite important due to the fact that some insurance companies are offering discounts on premiums to taxis with CCTV set-up.
Chris Waterstreet, owner of C&D Taxis, said that the system will protect himself and his passengers. “CCTV will provide me with evidence of what happens in my taxis. After the initial installation costs, I will re-coup the cost in just one or two years. I won ’t get bogged down with lengthy and expensive investigations when someone makes a claim and hopefully my insurance premium will stop rising each year” he said.
“At the moment when someone makes a claim, we have no evidence to find out the truth and my insurance company always has to pay out. One insurance company is knocking £500 off taxi insurance premiums if you have CCTV installed. My colleagues and customers will feel safer when I have these cameras in. For me, I will be saving money and hassle every day. I would certainly recommend it to other taxi drivers out there” Mr. Waterstreet added.
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