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โ˜‚๏ธ๐Ÿ—ฝ๐ŸŽ™๏ธ NYC TLC Insurance Talk w/ Next Century: Brokers, Rates, EV Plates, Fleets, Full Coverage & More

Next Century Insurance President Gavriel Gavrilov and AutoMarketplace founder Dawood Mian sit down to speak about NYC TLC brokers & the overall TLC insurance industry

Next Century Insurance President Gavriel Gavrilov and AutoMarketplace founder Dawood Mian sit down to speak about the NYC for-hire transportation (โ€œTLCโ€) insurance market.

Gavriel started Brooklyn-based Next Century Insurance, an insurance brokerage that focuses on the NYC TLC market, in 2013. His previous experience also touched other parts of the NYC TLC industry, related to his father owning Concord Limousine, a well known traditional Black Car base. For example, Gavriel worked as a both a NYC black car driver and dispatcher, before starting Next Century.

The discussion between Gavriel and Dawood is wide ranging, but focuses on the NYC TLC insurance market. Some topics include:

  • Why NYC TLC insurance brokers exist when there are only a few insurance options?

  • Common TLC insurance claims

  • Why TLC insurance rates are increasing?

  • Why TLC fleet insurance is more expensive than individual driver insurance?

  • Thoughts about the issuance of new EV TLC Plates and its impact on leasing companies

  • Comprehensive & collision coverage insurance in the TLC market

You can reach out to Next Century at, check out their website at or call them at (718) 788-3585.


๐Ÿ‘‹ 00:00 - Intro ๐Ÿง‘ 00:28 - Gavriel's background? โ˜‚๏ธ 01:20 - Why start Next Century Insurance? ๐Ÿ’ธ 03:35 - Why rates are getting more expensive? Black Car Service vs. Uber? โ“ 07:11 - What do TLC insurance brokers do? โ“ 09:21 - Why are there so few TLC insurance companies? โ“ 11:30 - What's the actual difference between TLC brokers? ๐Ÿค• 15:00 - Common TLC insurance claims? Pedestrians? Bicyclists? ๐Ÿ›‘ 17:40 - Non-renewals ahead of March 1st?
๐Ÿค‘ 21:37 - Most expensive TLC liability policies? ๐Ÿ—ฝ 22:35 - New York Automobile Insurance Plan? ๐Ÿš• 23:10 - Fleet vs. Individual Driver insurance rates? ๐Ÿค 26:15 - Undisclosed driver claims (or fleets not listing correct drivers) ๐Ÿ‘ฆ 29:45 Under 25 years old? Inexperience surcharge? โšก 31:34 - Thoughts on EVs? New EV TLC Plates? โšฐ๏ธ 36:00 - Will new TLC Plates kill leasing companies?
โšก 41:33 - 'Comprehensive & Collision' (full coverage) for TLC-plated EVs? ๐Ÿ—ฝ 43:00 - NY admitted vs. non-admitted carrier?* ๐Ÿฆ 47:31 - Does Gap insurance exist for TLC industry? โ›ˆ๏ธ 48:30 - What % of TLC customers have full coverage? ๐Ÿ“ˆ 52:03 - Summarizing why TLC insurance rates are up? โ˜Ž๏ธ 55:40 - How do people contact Next Century Insurance?

*Correction / Note: INSHUR has informed us that they do offers New York admitted TLC comprehensive & collision insurance coverage for Teslas. Transit General also offers New York admitted TLC comprehensive & collision insurance coverage.

As always, let us know your thoughts in the comments section below or by emailing us at

AutoMarketplace NYC covers the for-hire transportation industry and automotive news. Check out AutoMarketplace on YouTube โ–ถ๏ธ

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