If you sometimes feel like your head is spinning when you’re confronted with all of the insurance-related terms you have to know for your tow truck business, don’t worry – you’re not alone. With all the different types of tow truck insurance out there, not to mention all the fancy insurance words, it can get overwhelming. One of those buzzwords you might have been wondering about is deductible. Maybe you’ve been wondering what exactly a deductible is and why people make a big deal about it. We’ll give the definition of deductible and go over what it means. Even better, we’ll explain how it can affect your tow truck insurance rates.
Business Insurance
Your business is unique and you face your own specific risks and dangers, but we can help make sure you’re protected. Every business needs a business insurance policy that’s customized specifically for its needs. At InsuranceHub, we believe in creating a policy that’s built with your business in mind. We know that insurance can get complicated. So, one of our goals is to make the process as easy as possible.
We want to be more than just an insurance company to you. Whether you need a business owner’s policy, general liability, or property insurance, InsuranceHub is here to help. Each of these types of coverages does something different, but we’ll help you figure out which ones are right for you. You’ve worked really hard to build your business, so let us help you protect it.
What you need to know about texting and driving and tow trucks
Something about cell phones is too tempting to ignore. Though we know that we shouldn’t text and drive, somehow it happens anyway – and often with disastrous consequences. According to the National Highway Transportation Administration, 391,000 were injured and over 3,400 were killed in distracted driving accidents in 2015. The CDC reports that every day in the United States about nine people are killed and 1000 are injured in crashes that involve a distracted driver. As a tow truck operator, you and your drivers spend hours on the road, and it’s essential that your full attention is on the task at hand. We’ll take a look at why texting and driving is so deadly for tow truck drivers.
Should I file a tow truck insurance claim for my business?
There’s this thing called Murphy’s Law that states that anything that can go wrong, will go wrong. Perhaps it seems a tad pessimistic, but as a tow truck driver, you may be inclined to believe it. You’ve seen plenty of strange, unlucky, and crazy situations out there on the road. But what if Murphy’s Law hits your business? What if something happens to one of your tow trucks – say, a cracked windshield or a smooshed front bumper? You might immediately think to file a claim on your tow truck insurance. It was invented for Murphy’s Law, after all. But you may want to pull out a calculator and do some numbers before you do. Claims have an influence on how much tow truck insurance costs. We’ll explain why.
How to improve safety at your tow truck business (and save on insurance)
Towing cars isn’t always an easy job. There’s a lot of responsibility associated with transporting someone else’s car, and so safety is absolutely paramount for tow truck companies. You might have a good record for your business with few accidents, tickets, or losses, but it’s still important to do everything you can to establish high safety standards for your company (and besides, it can help you save money on your tow truck insurance rates.) That being said, here are a few ways you can boost safety at your tow truck business.
How to get cheap tow truck insurance for your business
You might have heard that tow truck insurance rates are on the rise. Many tow truck insurance carriers have backed away from covering tow truck businesses because they think they’re too risky. That has led to many tow truck businesses getting their insurance nonrenewed, while others have seen huge rate increases. As a result, you may be wanting to save money on your tow truck insurance rates by getting cheap tow truck insurance. We’ve got some tips to help you save some money on your rates.
Does my business need employment practices liability insurance?
Employees are what keep businesses running, but what would happen if one of your employees brought an employment-related claim against your business – allegations of discrimination or wrongful termination? Would you have the resources to legally defend your business against a claim or lawsuit of that sort? It’s important to consider employment practices liability insurance, or EPLI, to protect your business from this often-overlooked risk. We’ll go over what EPLI does and how it can help your small business.
8 easy ways to prevent the spread of flu in the workplace
Winter is rapidly approaching, and that means flu season is upon us. Usually, flu season is considered as being October through about February, which means that we’re cruising right into the flu danger zone. The flu, aside from just being downright unpleasant and exhausting for the person who’s sick, is also problematic for the workplace. With coworkers dropping like flies to illness, it can be a scramble to get the work done that needs to get done. So, before everyone starts getting sick and calling out from work, we’ve got some tips to help you prevent the spread of flu at your workplace.
10 ways to help your employees overcome workplace stress
We all know what it feels like to get stressed out about something, and it doesn’t feel good. People get stressed out for a lot of reasons, but the workplace or a job is a common trigger. Stress isn’t just a mental or emotional issue, either – it can cause physical symptoms like headaches and stomach pain. Anxiety can get so overwhelming that it becomes debilitating, and as an employer, you don’t want to see your employees suffer. Reducing stress can help your business lower your employee turnover rate, plus make everyone happier. To help combat the everyday stress of the workplace, we’ve got a few tips.
How to improve and build communication at your office
We’ve all heard the expression “communication is key.” This is especially true in the workplace, where you’ve got a lot of people with different personalities spending hours upon hours in each other’s company. Having poor communication can be a recipe for disaster. For businesses to succeed, everyone needs to feel comfortable talking to everyone. Good communication can also help build up company culture, which is a great way to retain your valuable employees. If you’re looking to add some peace and harmony to your workplace, we’ve got some tips for better communication so that your office isn’t a discordant cacophony of noise (or worse, dead silent.)
Does your business need hired and non-owned auto insurance?
If you have a small business, your employees might have to use their own personal cars in the course of their jobs. They might meet with clients, pick up supplies, run errands for your business, or attend conferences. Even though your employee is driving their own car with their own auto policy, they’re only driving because they’re conducting business for you. If you have commercial auto insurance, you might think you’re covered.
But there’s a catch – commercial auto policies only protect you when employees are driving a work-owned vehicle for company business. It doesn’t apply to an employee’s personal vehicle. This is where another kind of auto insurance – hired and non-owned auto coverage – comes in to protect your business if you’re found to be at all accountable. Let’s take a look at hired and non-owned auto insurance.