11 Costs of Running a Tow Truck Business

There are many costs of running a tow truck business.

Starting a tow truck business can be quite expensive, so it’s important to know what you’re getting into. You’ll need to budget for the big stuff like buying the tow trucks and keeping them in good shape with regular maintenance. Insurance is another big one since it’s essential for protecting your business. Then there are the daily costs to think about, like fuel, paying your team, and keeping the lights on at the office. By getting a handle on these expenses early, you’ll be able to manage your money better and keep things running smoothly.

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Guide to Starting a Successful Tow Truck Business

tow truck loading a vehicle

Towing is one of the most important and in-demand services in the US. This demand is expected to rise over the coming years. Though vehicles have become more reliable now, car collisions and breakdowns are inevitable sometimes. And drivers need roadside assistance to help them tow their damaged cars.

That means entering the tow truck industry can be the right decision to earn a consistent income stream. Besides that, there are various services in the towing business that you can offer. Don’t worry if you have no idea where to start.

Here are some valuable tidbits on the steps you need to take to launch a thriving tow truck business.

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6 Fun Facts about Tow Trucks

You must have seen tow trucks carrying broken-down cars to the repair center plenty of times while you’ve been on the road. Towing involves attaching a non-functioning vehicle to a tow truck and transporting it to a designated area or location. The traffic department is often towing away illegally parked or abandoned cars.

Towing has been around for centuries now. However, back then it was the animals and sometimes humans responsible to carry out this tedious task. Thanks to the modern-day automotive industry we do not have to burden animals or humans to do this work. Instead, we have specialized vehicles known as tow trucks to carry out these jobs.

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Fourth Annual Slow Down, Move Over Rally Recap

Kristina Insley, our Assistant VP and rep from our parent company InsuranceHub, attended the fourth annual Slow Down Move Over Rally held in Alabama on December 6, 2020. InsuranceHub sponsored this event along with five other companies in the transportation industry. The purpose of the rally was to raise awareness of the dangers tow truck drivers face daily and the laws in place to protect them.

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Are tow truck drivers required to register for Clearinghouse?


The Clearinghouse is still a relatively new thing in the trucking world, so there are still a lot of questions. Tow truck drivers might wonder how Clearinghouse will affect them. For starters, what part does Clearinghouse play for them? Do tow truck drivers have to register for the DOT Clearinghouse? How can they use the database? These are just a few of the questions that need to be answered. We’ll explain.

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What is the FMCSA Clearinghouse?

FMCSA Clearinghouse

If you have a tow truck business, you have an ear out for the latest trucking news. And one big thing that’s been all the buzz in the trucking world is the FMCSA Clearinghouse. How could this affect you as a tow truck business owner? Is it something you need to worry about? Maybe you feel like you’re late to the party, or maybe you’re just realizing that January 6, 2020 (the magic date) has come and gone. Not to fear – we’ll give you some of the need-to-know information about FMCSA Clearinghouse.

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October 28 is National First Responders Day

Oct. 28 is National First Responders Day

There is a very important day coming up in late October, and it’s a day that’s significant to tow truck operators. October 28th is National First Responders Day. It’s a day to recognize and appreciate the brave men and women who take care of others during emergencies, oftentimes putting their own lives at risk as they work to protect others, provide medical care, and save lives. It’s an opportunity to say “thank you” to those who have chosen to work in fields where they’re on the front lines when emergencies happen.

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Federal government to scrutinize Move Over laws to effect change

Move Over laws

It’s well-known within the towing industry that the roadside can be a hazardous place to work. It’s sorrowing and difficult to think about the many lives that are lost as tow truck drivers are simply doing their jobs, and the story happens far too often – a tow operator is working on a disabled vehicle when an out-of-control car strikes them. Following the deaths of three Illinois State Police officers, Illinois decided to take action. Illinois Senators Tammy Duckworth and Richard Durbin asked the Government Accountability Office to look into Move Over Laws and create some recommendations.

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Top 10 coolest rigs on the road

Top ten coolest rigs on the road

Tow truck drivers put a lot of time and effort into their business, and we know that that same passion can go into spicing up their rig. Decorating or even wrapping a tow truck may seem like a big way to spend your company’s funds, but it can actually be a great way to market your services and make your fleet memorable. That’s why we’ve taken on the task of finding the Top 10 Coolest Rigs on the Road. Our entries and votes are in from Facebook and Reddit. So, now it’s time to find out which tow truck company rules the road in style.

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