What’s a deductible and how does it affect my tow truck insurance rates?

Choosing a deductible for your tow truck insurance can be a balancing act.

Tow truck insurance comes with many insurance-related terms that you need to know. Liability. Exclusions. Claim. Premium. One of those words is deductible. Now, your deductible is an important part of your tow truck insurance. We’ll give you the definition of deductible and explain how it affects your tow truck insurance – it might seem like just a random number, but it’s much more than that.

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Tips for driving a tow truck safely in winter weather and snow

Driving in winter weather can be dangerous and hazardous.

Although snow-capped trees and a blanket of fresh powder on the ground can be very striking and beautiful, winter presents some very real driving hazards for tow truck drivers. Roads can get very slushy, icy, and otherwise dangerous in winter weather. According to an American Towman article, 540,000 accidents and 140,000 injuries can be attributed to winter weather each year. To help you stay safe on the road, avoid accidents, and keep your tow truck insurance rates down, we have some tips for how to drive in snow and winter weather.

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How much to charge for towing a car

Here's how much to charge for towing a car.

One of the trickiest parts of being in the towing industry (other than tow truck insurance) is figuring out how much to charge for your towing services. Setting your prices can be difficult – you want to make a profit and keep your business running, but you also want to keep your pricing competitive. There are a lot of other tow truck businesses out there, after all, and you’re all competing for the same potential customers. To help you get an idea of how to price towing, we’ll give you the average cost of a tow and some tips for calculating a rough estimate for prices.

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How to get cheap tow truck insurance quotes

Evasive action can help you avoid tow truck insurance claims.

Getting tow truck insurance at an affordable rate can seem like mission impossible. Tow truck insurance rates have been rising, and many tow truck businesses are looking to get lower rates on their insurance. But the question is…how to get cheap tow truck insurance quotes? If your wrecker insurance rates are too high, don’t lose hope – there are a few things you can do to save money on your tow truck insurance rates. We’ve got some tips to help you get cheap tow truck insurance quotes.

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What is on-hook coverage and does my tow truck business need it?

Protect your business with on-hook coverage.

Looking after other people’s stuff is stressful. There’s a lot of responsibility associated with cars in particular, and since you’re in the towing world you’re pretty much cars all day, every day. Your customers trust you to look after their vehicles, vehicles that may very well be one of the largest investments they’ve made. No pressure, right? Since your customers probably don’t want you to return their car to them in worse condition than they gave it to you, you need insurance to protect your business. Specifically, you need on-hook coverage.

Note: If you’re from Virginia or Texas, you’d know on-hook coverage as garagekeepers insurance.

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How much does repo insurance cost for a tow truck business?

Repo insurance cost

Repossession is not for the faint of heart. If you have a tow truck business that does repo, you know that your line of work comes with plenty of risks, which is why it’s so important to make sure that you have the right insurance. You might be wondering how to insure a repo business and what kind of tow truck insurance you need. One type of insurance that’s essential for tow truck businesses that do repossessions is repo insurance (or wrongful repo insurance.) Now, the burning question you might have is how much does repo insurance cost. We’ll explain what wrongful repossession insurance is and how much repo insurance costs.

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How much does garagekeepers insurance cost?


Running a tow truck business is no easy task, especially where tow truck insurance is concerned. All the different coverages can get overwhelming, but the importance of having the right tow truck insurance can’t be understated. One type of coverage you may want to consider is garagekeepers insurance (but if you live in Texas or Virginia, you’d know this as storage location insurance.) The question on your mind might be how much does garagekeepers insurance cost. The truth is that the cost of garagekeepers varies from business to business because every wrecker operation is different. There are several factors that influence the cost of garagekeepers insurance, and we’ll go over them for you.

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