On Hook Coverage For Tow Trucks

On hook insurance definition.

On hook coverage for tow trucks. The individual limits for your on hook coverage will vary according to the body type of your towing vehicles so you can expect coverage limits to be much smaller for single axle tow trucks than they would be for rollback wreckers. We specialize in providing custom towing insurance products that offer superior coverage at a competitive price. If one towing vehicle has on hook towing insurance all towing vehicles insured on the same policy must have on hook towing insurance with the same limits. On hook towing coverage is a type of insurance policy that will protect the towing business in the event that there is damage or vandalism while the car is being towed.

Here are a few situations where your on hook coverage could kick in. Towing insurance built to keep your business rolling. Tow truck and wrecker companies need on hook coverage because the physical damage coverage covering the tow truck itself. The roads are a dangerous place and you never know what could happen while you re taking a disabled car from point a to point b.

Different factors contribute to the final cost of your on hook coverage such as the nature of your business the number and types of tow trucks you own their age their make and the kind of vehicles they are used to tow. It only covers your truck. So that s why towing businesses really ought to consider on hook coverage the car attached to your wrecker or rollback represents a huge potential loss for your business. On hook towing insurance is defined as a type of liability insurance that covers damage to vehicles that may occur while they are being towed.

What does on hook insurance cover. The coverage is needed to protect vehicles owned by someone else during the actual towing process while the vehicle is. On hook coverage can protect you from disasters that could happen to a customer s car while it s attached to your truck being transported to its destination. Remember the goal is to make sure that your driver your truck other drivers and the client s car are covered during the entire towing process.

As a tow truck operator don t you face enough danger from angry people dangerous roads and heavy machinery. Let us remove the danger of having the wrong insurance coverage. If a vehicle is being towed by one of your tow trucks and it gets damaged on hook towing coverage pays for repairs or replacement up to the policy limits. When selecting the limits for your on hook policy your agent will consider.

On hook coverage will protect your customer s car while it s attached to your tow truck. Towing or service station services. Therefore on hook towing insurance doesn t have a set price. Basically on hook towing insurance is self explanatory.