Insurance for TVDE (Transporte em Veículo Descaracterizado para Transporte de Passageiros) in Portugal is a legal requirement, according to Law 45/2018, Art. 12 for drivers operating a taxi / ride hailing service (i.e. driving for Uber or Bolt ride hailing apps). This insurance covers the risks associated with the activity, and it is mandatory to have insurance that covers civil liability, which protects the driver in the event of accidents that cause damage to third parties and personal accidents.
Drivers must ensure that they have adequate insurance that meets the requirements of Portuguese legislation. It is important to compare different policies and choose one that offers comprehensive cover at an affordable price and that includes the passengers transported and their respective losses in an amount no less than the minimum amount legally required for the activity. In addition, some insurers offer specific packages for TVDE drivers, which may include additional benefits.
Here is some relevant information about TVDE insurance in Portugal:
- Coverage: The insurance must cover, civil liability, which includes damage to third parties, both material and personal, passenger personal accidents, own damage (protection against damage to the driver’s vehicle).
- Legislation: Portuguese legislation requires all drivers who provide TVDE services to have appropriate specific insurance, which must be approved by the Mobility and Transport Authority (AMT).
- Choosing an insurer: It is advisable to compare different insurers and insurance plans, taking into account price, coverage and the company’s reputation. Some specialized insurers offer specific plans for TVDE.
- Documentation: To take out TVDE insurance, you will need to present documentation such as the TVDE license, the vehicle’s insurance certificate and other relevant documents.
- Rates: TVDE insurance rates can vary according to the driver’s profile, the type of vehicle and claims history.
- What it doesn’t cover:
- Use of alcohol or drugs
- Psychological illnesses
- Illnesses or injuries arising from situations other than a TVDE incident
- Claims not substantiated by the insurer
If you are considering TVDE services in Portugal, it is advisable to check with the insurers for detailed and up-to-date information on the options available and the legal requirements, as well as checking with the insurer what additional cover is available, such as legal protection and damage to the vehicle.