Tow Truck Insurance: Everything You Need to Know

Tow truck insurance

Are you a proud owner of a tow truck business? If so, then you understand the importance of having the right insurance coverage for your vehicles. In this article, we will explore the ins and outs of tow truck insurance and why it is crucial for owners of these businesses.

What is Tow Truck Insurance?

Tow truck insurance is a specialized type of commercial auto insurance designed specifically for businesses that operate tow trucks. It provides coverage for a wide range of risks and liabilities that are unique to the towing industry.

Why is Tow Truck Insurance Important?

Operating a tow truck business comes with its fair share of risks. From accidents on the road to damage to the vehicles being towed, numerous potential liabilities need to be addressed. Having the right insurance coverage can protect you from financial losses and legal troubles in case of any unfortunate incidents.

Types of Coverage

Liability Coverage

Liability coverage is the most basic and essential type of tow truck insurance. It protects you from bodily injury and property damage claims that may arise from accidents involving your tow truck.

Physical Damage Coverage

Physical damage coverage helps cover the cost of repairing or replacing your tow truck if it gets damaged in an accident, vandalized, or stolen.

On-Hook Coverage

The on-hook coverage is specifically designed to protect the vehicles you are towing. It covers damages that may occur to the vehicles while they are in your care.

Garagekeepers Coverage

Garagekeeper coverage protects vehicles that are stored at your business premises. If any damage occurs to these vehicles while they are in your custody, garage keepers coverage will help cover the costs of repair or replacement.

How to Get Tow Truck Insurance

Getting tow truck insurance is a relatively straightforward process. Start by researching insurance providers that specialize in commercial auto insurance for tow trucks. Compare quotes and coverage options to find the best policy that suits your business needs and budget.


As a tow truck business owner, having the right insurance coverage is essential for protecting your business and ensuring peace of mind. By understanding the different types of coverage available and working with a reliable insurance provider, you can safeguard your business from potential risks and liabilities.

You May Also Like