Every taxi-cab in the Region must pass a complete safety check. This is monitored and noted by Regional authorities in cooperation with the taxi-cab companies. The few car models that are older than 10 years must be safety checked every 6 months. You can take comfort in knowing that these checks have absolutely taken place. Otherwise, that taxi-cab would not be on the road.
The Region of Waterloo requires proof that a taxi-cab is insured for a minimum of $2.5 million dollars. In fact, every taxi-cab is insured for $8 million dollars each as determined by the Waterloo Region Taxi Alliance. You KNOW that when you ride in a taxi-cab in this Region that it's absolutely insured. Should an accident occur, you KNOW that there is coverage to help with medical expenses, possible ongoing treatments, and other costly expenses that you may not otherwise have the means to cover.