As a tow truck business owner, one way to avoid unexpected expenses due to accidents is to get the right tow insurance coverage. For you to get the necessary coverage for your business today, you certainly need to work with a reliable and reputable tow truck insurance agency, such as GSI.
However, before you start looking for tow truck insurance agencies, there are a couple of things you need to tidy up at your end. One of them is that you need to evaluate your business risks and choose a coverage that covers them. As you read on, you’ll discover everything you need to know about tow insurance, including why choosing GSI Tow as your go-to insurance agency is worth it.
Why do you need tow truck insurance today?
You may be wondering why you need tow insurance for your business today? Well, there are a lot of reasons why investing in this insurance is worth it. First, the right insurance coverage will keep your business protected from unexpected liabilities and various risks associated with running a towing company.
As long as you work with a reputable agent, such as GSI Tow, you can expect your tow truck insurance to cover physical damage to other people’s towed vehicles. The insurance also covers injuries, medical expenses, and property damage. Overall, insuring your vehicle will help protect your finances, especially during unforeseen events of accidents and theft.
How much does tow insurance cost today
The exact cost of tow insurance can vary from agency to agency. This is so because several factors influence the cost of insuring your tow truck company. Here are some common factors that can influence the costs:
- The number of trucks you’re looking to insure with GSI Tow.
- Age, size, model, and working conditions of the trucks.
- Annual coverage and routes
- Types of vehicles and loads you intend to haul with your trucks
- The working experience and driving record of each operator assigned to your tow trucks.
That said, for you to get the best deals, you may need to consider getting and comparing quotes from multiple, reputable agents. 99% of the time, GSI offers the best rates for your program along with the best coverages to protect your business.
What exactly will your insurance cover?
Now, you already understand the importance of investing in the right insurance coverage for your tow truck business. With GSI Tow, you certainly don’t need to look around anymore for a tow insurance firm. This insurer has a team of experts, who will evaluate your business needs and pick the right insurance coverage for your business. With GSI Tow insurance, below are what you should expect:
- Wrecker insurance covers various unintentional physical damage to your truck(s). It also covers auto general liability.
- In the case of hit and run, your insurer will cover various costs when you invest in tow insurance with GSI as your agency.
- The insurance coverage also extends to the garage keeper’s general liability.
- This tow truck insurance will also help to address any issue associated with on-hook towing.
- The insurance also handles all medical expenses associated with getting injured during the towing session. It al’s supports worker’s compensation and paid leave for employees.
You can visit GSI Tow today to learn more about how tow truck insurance works.