On-Hook Towing Insurance

On-Hook Towing Insurance

If you are in the tow trucking business, you know it has special risks. All these risks should be considered when you are getting your tow truck insurance. One of the obvious risks you take is dealing with other people’s vehicles. If anything happens to the vehicle while you are towing it, you will be responsible for paying for the damage. To protect yourself in case it happens, you should have On-Hook Towing Insurance in your policy along with other coverages.

Do You Need On-Hook Towing Insurance?

If your business deals with towing vehicles on a daily basis, on-hook coverage is crucial for you. It will protect you from great financial loss in case the vehicle you are towing gets damaged in the process of transit. It will pay for repair or replacement if you’re at fault for the damage.

On-hook towing insurance is almost always paired with garage keepers insurance. If you own both a tow truck and a garage in which to store the vehicles you’ve towed, you’ll need both policies.

Here are just some of the situations this policy covers:

  • Collision
  • Theft
  • Fire
  • Explosion
  • Vandalism

…and more!

The specifics and rates for on-hook towing coverage vary greatly. They depend on your insurance provider, the kinds of vehicles you tow, and the tow truck itself, among other factors. You should talk to an experienced SafeLine Insurance agent to get the right coverage. You can only get on-hook towing insurance for certain kinds of vehicles. It does not cover you if you tow your own or your business vehicle, race or antique cars, or boats for personal use.

Call SafeLine Truck Insurance and discuss your tow truck insurance with our highly trained agents. We know how to build the perfect insurance package for any tow trucking business. Not to mention, we have some of the lowest truck insurance rates in the country. You can’t lose when you choose AMPM!

Contact SafeLine Truck Insurance today to learn more about on-hook towing or get a free quote here.