There are a lot of different types of tow truck and wrecker coverage out there. In this section of the blog, you’ll find various articles that deal with different topics relating to the insurance aspect of running a towing business. Our goal is to help decode all of the tow truck insurance-speak that’s out there so that you can make sure your business is getting the coverage that you need. There are a lot of risks for tow truck businesses, and we want to help you stay protected from them.
From garagekeepers insurance to wrongful repo, to garage liability, to physical damage, to auto liability, to on-hook/in-tow coverage, we can help answer any questions you might have about the coverage that you need to protect your tow truck business. Check out the articles below for some handy information about tow truck insurance. And feel free to call us to discuss your specific business and the coverage you need – we’re here to help!
Collisions and accidents are fairly common when you drive. In scenarios like these you often need to have your car towed to a mechanic or repair shop. While the option seems convenient and easy to solve the problem, it is essential to know what you should look out for when your tow truck arrives.
Fortunately, there are steps that can help you avoid any sticky situation when you have your car towed. Here is a rundown of what you need to know if you ever need your vehicle towed.
If you drive a tow truck, you understand that you have to take care of it. No-brainer.
You have to rotate the tires, change the oil, and make sure that you get other parts of your truck maintained on time. If your tow truck requires repairs, some could be expensive. For example, if you find that your tow truck has a faulty transmission, you may be wondering how you are going to cover the cost of this repair. Is this going to be covered by your insurance policy? There are several points you should understand.
If you’re looking for tow truck insurance, you may have heard that this type of insurance is expensive because insurers view tow truck businesses as risky. While this may have merit, there are a few ways to save money and obtain reasonable rates.
Every truck used for business needs some sort of specialized truck insurance. The same holds true for tow trucks. The reality is that every tow truck business is unique and there is no one-size-fits-all insurance product that meets the needs of every tow truck business.
There is a common misconception that all auto insurance policies include towing insurance. If you are a tow truck driver, do not assume your vehicle or your workplace activities will be covered by your regular auto insurance policy. Though such a policy might provide a bit of coverage, this coverage will be limited. The bottom line is you need towing insurance. Here’s why.
So, if you have a tow truck business, you’ve probably heard it time and again: you need the right insurance to protect your business. Towing is a unique industry with a lot of risks, and that’s why having the right coverage is so crucial. There are many different tow truck insurance coverages that work together to protect your business in the event of an accident. We’ll explain how that works by going through a hypothetical accident that occurs within a hypothetical towing business.
Okay, so it’s kind of the worst nightmare of a lot of drivers, whether you’re driving an ordinary car or a tow truck: a deer darts out into the road right in front of you and you can’t help hitting it. Not only is it downright terrifying (and sad for the deer), but a deer can do a lot of damage to a vehicle. So, if you’re cruising along in your tow truck and all of a sudden – wham – you hit a deer, what happens? Are you covered by your tow truck insurance? We’ll explain.
As a tow truck business, there are a lot of potential risks out there. And that means there are different types of insurance that towing businesses need. (There are a lot of fancy insurance words out there that can be confusing and overwhelming.) One coverage that you might need to consider for your tow truck business is how to get garagekeepers insurance. Here are a few tips.
A lot of businesses have tow trucks even though they don’t do towing for hire. For example, think about an auto shop that has a tow truck or two. They’re not doing towing as their main source of income – they have the shop. This is what could be called incidental towing. This is how you can approach getting insurance if your business does incidental towing.
Having a towing business is hard work. It’s definitely not easy, and it’s really important to help yourself out by doing everything you can to keep yourself in business. Think of it as doing yourself a favor – giving yourself your best chance. There are a few things to keep in mind so you can keep your tow truck business on its feet.
