- Excavate sites
- Grade sites
- Clear land
- Premise and Operations coverage
- Products and Completed Operations coverage
- Personal Injury
Tow truck operators are exposed to significant risks, as they’re regularly on roadsides during less-than-ideal conditions. Tow truck insurance won’t stop something from happening, but it may give Massachusetts tow truck operators financial protection if there’s a covered incident.
Tow truck insurance offers specialized commercial insurance to tow truck operators. Policies generally combine multiple coverages, protecting trucks, businesses and operators themselves.
Most businesses that provide towing services within Massachusetts should carry towing insurance. State law generally mandates minimum amounts of coverage, and businesses may purchase more.
For example, the following types of businesses might benefit from the protections that towing insurance provides:
Although towing insurance often provides protections that car transport companies need, these companies often have additional coverage needs that make a different commercial insurance policy more suitable for their situation. An insurance agent who knows towing policies well can help transporters find an insurance solution that offers the protection they need.
When I called the staff at Paul T. Murphy Insurance, they explained how auto reform would allow me to increase coverage and save money at the same time. I moved my home and umbrella insurance to my current auto carrier and saved over $350. In July 2008 when my auto insurance renews with Safety Insurance, I will save another $300 just for having my auto and home insurance with the same company. The staff at Paul T Murphy Insurance Agency really understands the new Massachusetts reform and how to pass savings and additional coverage to their clients.
After many years of doing business with the Paul T. Murphy Insurance Agency, I am thrilled to learn of this relationship with Northrup to service the Lynnfield area. I have trusted both my personal and business policies with Paul and have never received less than the best of service. I like the face that they service as professionals but treat you like a friend. Recently during a complicated Workers Comp claim, Paul showed up to walk me through what I thought would be a mess of paperwork and confusion – the personalized service I receive spoke volumes. I have never gotten service like that from anyone else. I also like the fact that they are always ready to save me money without ever compromising my coverage.
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Depending on their terms and conditions, tow truck policies might offer property, liability and other protections. Some commonly offered coverages include:
Still, other coverages are frequently available if tow truck operators want additional protections.
Workers' compensation is an important coverage that normally protects against job injuries, which is an obvious risk when working on roadsides. Massachusetts businesses that have employee tow truck operators are normally required to purchase this coverage.
Whether workers' compensation is included within a tow truck policy depends on the particular policy, however. The coverage may be purchased within a tow truck policy, or it may be obtained via a separate policy.
Premiums for tow truck policies, but they’re generally much less than what a claim could cost without coverage. Some factors that influence premiums are:
Businesses can find out how much insuring their vehicles will cost by comparing quotes with an independent insurance agent. Independent agents are able to request quotes from different insurance companies, which makes checking both rates and coverages simple.
For help insuring tow trucks that are registered in Massachusetts, contact the independent insurance agents at Paul T. Murphy Insurance. Our agents can help you compare tow truck insurance options from several insurers in the state, and we have the expertise necessary to help you select the best available policy.