Tow Trucks Insurance

Commercial property insurance: If something damages physical property—such as your building or possessions—then this coverage can help you repair or replace them.

General liability insurance: This covers the business in the event it causes property damage or bodily injuries to another party, like a client or vendor.

Business interruption insurance: This helps you pay the bills if you must temporarily close after a damaging accident.

On-hook towing insurance: This policy pays to repair or replace a vehicle that you don’t own (e.g., a customer’s vehicle) if it is damaged while it is hooked up to one of your tow trucks. 

Commercial auto insurance: When the company owns vehicles, this coverage will supply the requisite physical damage, liability and other benefits to help the company afford the costs of wrecks or other vehicle hazards.

Garage liability coverage: Coverage pays for property damage or bodily injuries to customers or other parties that occur on your property.

Garagekeeper’s liability coverage: Automobiles or other vehicles left in your care are your responsibility. This coverage protects them when they sustain damage from fires, theft, vandalism (partial theft), severe weather and collisions. Many policies can include a benefit called direct primary coverage. It will pay for damage to third-party vehicles regardless of whether you have a legal responsibility to do so.

Inventory/Dealer's blanket coverage: Coverage pays for damage to automobiles, mobile equipment, watercraft, or farm implements that are held for sale, held pending delivery after sale, or used in the business of a car dealer.

Drive away coverage: This coverage will protect vehicles on your lot against collision damage when you drive them.

Inland marine insurance: This insurance will help your business replace these items and make proper restitution to any third parties affected by the loss of these items.

Workers’ compensation insurance: If an employee gets hurt on the job, they are often eligible for workers compensation. It will supply them supplementary income during their recovery.

Umbrella liability insurance: An umbrella policy might be able to step in to help you cover outstanding costs not covered within your standard liability policies. It’s an extra layer of liability protection for multiple standard policies.