Tow Truck Insurance

3 Geographic Factors That Influence Your Tow Truck Insurance Premiums

Tow Truck Insurance Every business needs coverage, and the towing business is certainly no exception. Since your company can face claims and lawsuits from all sides, it’s important to stay covered. Everyone from the party claiming ownership of the vehicle you towed to someone you drove past might claim injury. The increased risks can impact your insurance premiums. So can geographic factors that influence those […]

Tow Truck Insurance Market Will Remain Tight

Tow truck drivers operate in one of the most dangerous environments in the civilian world. They face accidents every day, often in some of the worst weather conditions. International Towing and Recovery Museum in Chattanooga, Tennessee claims that 50-100 tow truck drivers die on the job every year in the US. In April 2018, a tow truck driver in Virginia was almost killed when the vehicle he […]

3 Company Policy Precautions That Can Lower Your Tow Truck’s Insurance

If you want your drivers to operate with a greater focus on safety, you need to make the issue a matter of company policy. Here are three changes that can reduce your drivers’ accidents and risks: 1. Train your drivers how to inspect the equipment. Most companies specialize, even internally. As towing companies get larger, they’re subject to the same phenomena and that can be […]

Who Can Make a Claim Against Your Tow Trucking Business?

Driving a tow truck is different from operating a semi-truck, but many of the risks are the same. Not only do you face the same risks that come with driving an oversized vehicle, you handle other people’s property on public roads. Make sure you have the right tow trucking coverage to address liability claims from these parties: The owner of the towed vehicle. If you […]

What to Include in Your Tow Truck Insurance Policy

Operating a tow truck can be a great business as it is something that will always be in demand. If you do operate a tow truck, having adequate insurance is extremely important and is required by law. When you are looking to build a tow truck insurance policy, there are several factors that should be taken into consideration to ensure you are properly covered and […]

Three Ways to Reduce Your Tow Truck Insurance Policy Rates

Towing stranded cars off busy highways with speeding cars just feet away is a risky business. Expensive property such as the towing vehicle and its equipment as well as the car being towed are at risk. This is just one of several reasons why tow truck insurance can be expensive. These risks are why some insurance companies are getting out of the towing industry altogether. […]

How Insurance Companies Look at The Risks of Tow Trucks

It’s getting harder and harder to find good tow truck insurance. Not only are trucking companies in general facing a limited number of options, many insurance companies balk at the increased number of claims and suits by third parties whose cars have been towed. If you are struggling to find tow truck insurance for your company or you’re looking for a better provider, here are […]

Five More Months Until Proposed Deadline of Mandated Login for All Drivers

The Federal Motor Carrier Safety Administration released a federal mandate requiring all truck drivers to electronically document driving hours, but so far the administration has not released a plan on that requirement will be monitored. There are fewer than five months until the deadline for all truckers to switch from paper to electronics, and the mandate is supposed to go into effect and be enforced […]

Texas Commercial or Owner Operator Truck Insurance: Uninsured and Underinsured Motorists

You are a hard-working tow truck, commercial or owner operator truck driver with insurance and an excellent driving record in Texas. However, even professionals such as yourself get into accidents, often the fault of another motorist. Defensive driving skills will only help so much because you can’t control what other drivers do. In addition, many motorists on the road are either uninsured or underinsured. An […]

Commercial or Owner Operator Truck Insurance Texas: Does Your Situation Require Insurance?

Unfortunately, there are too many traffic accidents happening every day in the United States. The liability of the auto accident can have a major impact on the bottom line of your company. How will you know if your company needs to purchase commercial or owner operator tow truck insurance in Texas? Will you be covered if you just use a personal liability policy? Companies typically need […]

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