What affects my tow truck insurance premium?

No two businesses are the same. This is especially true when it comes to tow trucks. Your business, whether it’s a tow-truck company or an auto shop, has its own fingerprint, and this fingerprint plays a large part in deciding what kind of insurance you need. And once you find the right coverage for you, there are lots of different factors that go into determining the cost of your insurance premium.

To take some of the mystery out of your insurance rates, here are some details about your business that will impact your premium:

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tow truck hauling a car

What Kind of Insurance Do I Need for a Tow Truck?

Cars break down—it’s a known fact and one of the fundamental truths of Murphy’s law (anything that can go wrong, will go wrong). When things go wrong with a car, who ya gonna call? A tow truck, of course. Whether it’s a collision or a breakdown, tow trucks are an essential part of making an extremely stressful day less stressful. If your business offers tow truck services, your trucks have been tasked with the important job of rescuing stranded cars and getting them to the shop safely.

But who’s protecting your trucks and drivers while they’re doing that? That’s where InsuranceHub can help with tow truck coverage.

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