Do you need tow truck insurance?
The towing world comes with many risks. You know that you need to get the right insurance to protect your towing business, but it can be hard to know where to start. Tow truck insurance rates have been rising by a lot, so it makes sense that you would want to get cheap tow truck insurance. However, that might seem like a very difficult task, but not to fear - we’re here to help. Our goal is to help tow truck businesses just like yours save money on their tow truck insurance.
BACK TO THE BASICS
What is a tow truck?
Tow trucks are vehicles that are used to move cars that are disabled, whether they’ve been involved in accidents or have just plain broken down. Some tow trucks are used as roadside assistance vehicles to help stranded drivers. They can also be used to remove vehicles that are parked illegally. Some tow trucks are used for repossessions, in which someone has failed to make payments on their car and the bank takes it away.
FUN FACT: Here are some other names are there for tow trucks:
What are some recommended coverages for tow trucks?
Collision coverage: Collision coverage will help you cover the costs of repairs if one of your wreckers or tow trucks is damaged in a car accident or by colliding accidentally with another object.
Comprehensive coverage: Comprehensive coverage will help you pay to repair your truck if it’s damaged by something other than a car accident. Typically it covers theft, vandalism, fire, and falling objects (like trees.)
Garage liability covers your legal liability for the services your business provides. If your business’s services causes bodily harm or property damage to someone, garage liability would help you cover the expenses you’re legally obligated to pay.
Garagekeepers insurance will help protect your business while you have clients’ cars in your care, custody, and control. It covers losses like fire, vandalism, and theft. For example, if you have to bring a client’s car to your business’s property while you wait for their mechanic’s shop to open and there’s a fire, garagekeepers would cover it.
Wrongful repo insurance protects your tow truck business if you do repossessions. If you repossess a car that you’re not supposed to or you improperly repossess a car, you could get in legal trouble. But wrongful repo would help you.
Get the right insurance for your tow truck business
When you work with our team of commercial trucking insurance experts, you can be assured that we will work tirelessly to match your business with the necessary coverages.
Get quotes for tow truck insurance.
The only way to get an accurate idea of how much tow truck insurance costs for your business is to get a quote. We’ll help you shop for your rates by getting you multiple quotes for wrecker insurance. All you have to do to get tow truck insurance quotes is fill out our online form or give us a call today - either method of communication is fine with us. Our team of tow truck insurance experts is here to help you with your insurance needs. Our mission is to help tow truck businesses like yours save money on their insurance.