Tow Truck Insurance

Searching for commercial tow truck insurance? NITIC has over 30 years of experience in providing tow truck insurance solutions to our clients. With hundreds of 5-star Google reviews and an A+ rating with the BBB, NITIC is your trusted tow truck insurance company for fast, reliable quotes. Our exceptional customer support, affordable truck insurance, fastest claim settlement policy, and quality service distinguish us from other commercial tow truck insurance policy providers.

Receive a customized commercial tow truck insurance quote for your fleet of tow trucks. We are the right commercial truck insurance partners who offer multiple insurance products under one roof. You get the best at the most affordable price.

Get the best tow truck insurance coverage at your affordability!

Protect your tow truck with a comprehensive policy

Coverage for towing businesses is essential as it is exposed to a set of risks every day. It is designed to cover a wide range of possibilities on the road. Commercial tow truck insurance, which falls under the commercial truck insurance umbrella, protects the operators and businesses from all circumstances leading to property damage & other things that hamper its operations.

Who needs a tow truck insurance policy?

A business or owner-operator who offers services like roadside assistance or repair for immobilized automobiles needs tow truck insurance. If you store disabled vehicles in your owned or rented facility then you require custom-made commercial tow truck insurance for smooth towing operation. The following businesses need tow truck insurance:

Towing and storage protection

Care, custody, and control are the major concerns when you store a vehicle in your facility. If you offer tow trucking services then you need to carry the following coverages:

On-Hook Towing insurance

For tow truck businesses, On-Hook Towing insurance is essential to safeguard you during the towing of vehicles owned by third parties. This insurance covers the costs of repairing or replacing a customer’s vehicle if it sustains damage from a collision, fire, theft, or vandalism while being towed or hauled by your business.

Garagekeepers Legal Liability insurance

Garagekeepers Legal Liability insurance is a form of physical damage coverage specifically crafted to safeguard your customers’ vehicles while they are stored, parked, or serviced at a covered location. This insurance covers the expenses associated with physical damage to a car in your custody, whether it results from fire, collision, theft, or vandalism. If you operate a towing service and store customers’ vehicles on your premises, obtaining this liability coverage is a prudent choice.

General Liability insurance:

Tow General Liability insurance provides financial protection for your tow truck business in the event that you are deemed responsible for bodily injury or property damage to a customer or third party. Additionally, this coverage may assist in covering court costs and legal fees. It’s worth noting that certain states mandate tow truck drivers and companies to have this type of insurance, so it’s advisable to verify compliance with local laws.

Tow truck insurance coverage

The tow trucking business needs a variety of insurance coverages. Following is the list of coverages that you require for smooth towing operations:

  • Liability insurance: This provides you with dual coverage for third parties—property damage liability and bodily injury liability coverage. This insurance pays for physical as well as property damage caused to people.
  • Physical damage insurance: You get reimbursed for the repair or replacement cost of a tow truck when it gets damaged after an accident or collision.
  • Medical payment insurance: This insurance compensates for the medical costs that incur when your trucker and passengers get physically injured after an accident.
  • Uninsured motorist insurance: If a driver with or without coverage hits your truck that results in injury to your trucker and passengers, this policy will pay for it. This is helpful in hit-and-run cases.

How much does tow truck insurance cost?

There are many factors that influence the cost of tow truck insurance. But the average tow truck insurance monthly cost is $448 which comes up to $5376 annually.

Want to know what factors affect your towing truck insurance? Here are some:

  • Radius of tow
  • Type of tow trucks
  • Age of business
  • Location
  • Truckers & their driving records
  • Type of vehicles hauled
  • Number of trucks you own


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Commercial truck insurance is a collection of particular vehicle insurance plans created to cater to the demands of trucking companies. Your trucks are covered by standard commercial truck insurance plans in the case of an accident. The majority of losses from a variety of risks are covered by collision and comprehensive coverage.

If you offer tow services then you should carry the right insurance coverage for your trucks. You should pick the following:

  • Liability insurance: This provides protection against physical as well as property damage caused to people.
  • Physical damage insurance: This pays for the repair cost of your truck after an accident or collision.
  • Medical payment insurance: This compensates for the medical cost for haulers and other passengers in the truck after an accident.
  • Uninsured motorist insurance: This pays out when your trucker and passengers get badly hurt by other vehicles.

There are a few methods to lower your tow truck insurance rate. Consider increasing the deductible as large deductibles will minimize the involved insurance premiums so as its rate. The driving records of your truckers also impact the rate. Therefore before hiring any, check their MVR (motor vehicle record). Also, make sure you maintain your fleet of vehicles well. Well-kept trucks need less repair and your insurer will keep that in check.

Owners of towing truck businesses get exposed to many risks when they pull heavy vehicles. This crops the need for getting all potential risks protected which can harm your business operations and put it into a long pause.