As an owner of a towing business, you are aware of specific risks it’s associated with. You are responsible for the cars you are working with while they are in your possession. It also includes the time when you are towing a car. If anything happens to it in the process of towing, it would be your responsibility to pay for the damages. To avoid paying out of your own pocket, you can get on-hook towing insurance. This coverage is crucial for the businesses that deal with towing cars on a regular basis.
On-hook towing insurance will cover the damage done to your client’s car in the process of towing. It will pay for repairs or replacement in cases such as:
Many factors will affect your on-hook insurance rates. They will depend on the make and model of a tow truck you use, what kind of vehicles it tows and other details. Rates also vary greatly from one tow truck insurance provider to another. Keep in mind that not all types of vehicles can be covered by on-hook towing insurance. The vehicles that will not be covered include:
Progressive Truck Insurance will be glad to assist you with on-hook towing coverage. Our goal is to provide each of our customers with affordable coverage that will protect their business. While we specialize in truck insurance, we are happy to help all the businesses working with commercial vehicles.
Working with many insurance carriers, we get the best rates for our clients. Request free quotes from us by filling out a form on our website or calling our office. Our agents are looking forward to assisting you!