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!