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.
Was Your Transmission Damaged in a Motor Vehicle Accident?
First, you need to figure out why your transmission was damaged in the first place. If your transmission was damaged in a motor vehicle accident, then it will probably be covered under your tow truck insurance policy or under the auto insurance policy of the other driver, depending on whose fault it was. You need to make sure you can prove your transmission was damaged in a motor vehicle accident. If your transmission was damaged in the collision, this is probably a severe accident.
Is the Damage To Your Transmission Deemed Routine Wear and Tear?
In other cases, your transmission may be damaged due to routine wear and tear. In this case, your insurance company will probably claim that this is a routine maintenance expense. Similar to how your insurance company will not cover tire rotations and oil changes, they will probably not cover the cost of your transmission repair either. Therefore, you need to weigh the value of your tow truck against the cost of repairing your transmission.
Is it Still Under Warranty?
If you are looking for other ways to cover the cost of your transmission repair, you should check and see if it is still under warranty. For example, if your tow truck is still relatively new, there could be a warranty covering your transmission along with other parts of your vehicle. You should reach out to the manufacturer for your dealership to see if your transmission is covered by an extended vehicle warranty. This could help you save money on the cost of your repair.
Learn More About Tow Truck Insurance Coverage from Trained Professionals
Ultimately, the answer regarding whether your transmission repair is covered by your tow truck insurance policy is that, “it depends.” It depends on how your transmission was damaged and on the language in your tow truck insurance policy. Therefore, if you have questions or concerns about your transmission covered, you should reach out to our trained professionals here at TowTruckInsuranceRates.com who can help you. Even if your insurance policy does not fully cover the cost of your transmission repair, we may have other resources available for you.