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Archive for June, 2010

Business Insurance for Tow Trucks

Thursday, June 17th, 2010

We are expanding today on business insurance for tow truck companies.  If you own a tow truck or a fleet of tow trucks you should consider a minimum of a $1M/$2M General Liability policy to cover your shop and other mishaps.  We recommend $1M to cover the tow truck itself.  Tow truck companies should also add at least $100,000 in Garage Keepers Liability depending upon how many customers’ cars are kept on premises.  Some states will also request that you have uninsured motorists, under-insured motorists and personal injury protection.  Finally we recommend a minimum of $250,000 in on hook protection to cover the cars you are towing.

Please contact an agent to discuss your business insurance today!