Operating a tow truck comes with more risk and exposure than driving a regular vehicle. Since the towing industry is such a high-risk sector, you’ll likely be paying more for your insurance. However, other factors can impact your insurance premiums.
For instance, the drivers you hire can dramatically affect your insurance costs in the long run. This is because their experience, driving history, and age are used by the insurance company to determine your business’s level of risk. As you know, insurance companies don’t particularly like risk.
Therefore, to avoid high insurance premiums, you need to know what red flags to look for when hiring drivers.
In this article, we’re going to discuss how the drivers you hire affect your towing insurance and what red flags to look out for.