Tow Truck Insurance
Tow truck insurance is unique among commercial truck insurance policies for a number of reasons. Tow trucks operate at quite a different capacity than typical commercial trucks. They lack trailers, cargo and oftentimes overall size. But they require quality truck insurance to combat the dangerous locations they’re often needed in. Plus, vehicular cargo can get pretty expensive if damaged in an accident.
A good towing insurance policy should take into account the vehicle’s frequency and nature of use. While a tow truck kept by a car dealership might only be used a couple of times a week around their lot, another tow truck might be snapping up flagrant parking violators or dragging in wrecks from dangerous freeways around the clock. Coverage and pricing should differ based on these uses.
This type of commercial trucking insurance should also cover damage that might occur to towing mechanisms or to the vehicles being towed. Tow trucks have the potential to damage vehicles through nothing but their normal use. Whether it’s a Buick or a Beamer, the car being towed will need to be covered against accident and damage.
What Tow Truck Insurance May Not Cover
Towing insurance doesn’t have a need for the trailer and cargo coverage typically found with other truck insurance policies. Also, tow truck insurance isn’t appropriate for other types of trucks. Royalty Truck Insurance offers many types of commercial trucking insurance, so talk to an agent to find the policy that’s right for you.
Other Policies to Purchase with Tow Truck Insurance
Comprehensive insurance is always a great policy to pair with any primary commercial truck insurance. Comprehensive coverage will protect against damages to your own vehicle in the event of fire, accident, theft, and other disasters. Garage keepers insurance might also be attractive to motor carriers who garage fleets of tow trucks.
Talk to an agent today for more tow truck insurance information or free commercial truck insurance quotes!