One of the reasons that you have tow truck insurance (specifically auto liability insurance) is so you can take care of your legal obligation to someone that you injure or whose property you damage in an accident. Your insurance will help you cover the money you owe to that person. But what if someone hits your tow truck and doesn’t have the insurance to cover their legal obligation to you? Well, that might not be good. However, there is a solution you can consider – uninsured motorist and underinsured motorist coverage (a.k.a. UM/UIM coverage.)
What’s uninsured motorist and underinsured motorist coverage? We’ll explain what this coverage is and why you might want to make it a part of your tow truck insurance plan.