Operating a tow truck service is a wonderful way to make a difference in your local community. By helping drivers when they’re stranded, you’re keeping them safer on the road. Though your business means looking out for others, you need to protect your operation, too. The best way to do that is with tow truck insurance.

What To Look for in a Policy

Tow trucks require different types of insurance than standard commercial vehicles. Here are a few of the most necessary tow truck coverage options to look for with each policy you’re considering:

• Commercial auto insurance
• Liability insurance
• Garage keepers coverage
• On-hook coverage while towing

You’ll want to have coverage for every tow truck in your fleet. Leaving even one truck uninsured puts your business at risk for costly out-of-pocket repairs and liability issues.

Why Great Coverage Matters

Remember, anytime a customer’s vehicle is in your possession either on the truck or in your storage lot, you’re responsible for its condition. The right insurance policy will protect you from having to pay for repairs out of your company’s profits. It also protects you in the event of a lawsuit and reduces your risk of having to pay costly legal fees and settlement amounts on your own.

The right tow truck coverage can make all the difference in your business’s bottom line. Review your current policy and make sure it provides the protection you need.