Tow Truck Insurance
Failure to carry liability insurance on your tow truck could cost you hundreds or thousands of dollars. For example, if you are involved in an auto accident and a car you are towing skids into a school van, you would be responsible for paying medical expenses and property damages related to the accident out of your own pocket.
- Auto Salvage firms
- Roadside service providers
- Auto salvage firms
- Auto Club contractors
- Rotational Towing
- Auto Repair shops
- Auto Body shops
- Full Service gas stations
Types of Commercial Auto Insurance for Tow Trucks Include
- Bodily injury coverage
- Property damage coverage
- Fire and theft coverage (i.e. physical damage coverage)
- Collision and comprehensive coverage
- Uninsured/Underinsured motorist coverage
- Comprehensive insurance
Uninsured and underinsured tow truck insurance coverage protects you in the event that you or your tow truck suffer damages caused by a driver who did not have any or enough auto insurance to cover the damages that were made to you or to your tow truck. When you consider the numbers of people who do not have any or enough auto insurance, getting this coverage makes good sense.
Bodily injury and property damage insurance are standard forms of liability insurance that all motor vehicle owners are required to carry by state laws. Failure to keep the minimum levels could cause you to receive fines or penalties. You could also have your commercial driver’s license suspended or revoked.
Let Alloy Insurance help you choose a policy that will fit your individual needs. Protecting your assets, whether personal, business, or both, is our goal. A well-chosen policy can lessen the impact of some of life’s most common, yet unforeseen perils. We’re here to help when you are considering Tow Truck Insurance.
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