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Tow Truck/Asset Recovery and Vehicle Storage Facility Insurance

Drive forward confidently with custom insurance in tow.

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Spotlight On: Tow Truck/Asset Recovery and Vehicle Storage Facility Insurance

Failure to carry liability insurance on your tow truck and vehicle storage facility can cost you hundreds or thousands of dollars in unreimbursed property and medical bills.

For example, if you’re in an auto accident and a car you’re towing skids into a school van, you’d be responsible for paying medical expenses and property damages that were caused by the accident out of your own pocket – unless you have the proper commercial coverage.

Higginbotham represents leading national and regional insurers, giving you the buying power to choose the coverage that best fits your tow truck business and your budget. We leverage our size and market strength to negotiate competitive terms and pricing for your insurance, and we provide you with a market analysis that contains the information you need to make an informed selection.

The Higginbotham Difference: Coverage Built Around Your Unique Needs

At Higginbotham, we get to know you by name and nuance so we can deliver an insurance program tailored to your needs.

Our experienced specialists understand the distinct risks facing the tow truck and vehicle storage industry, and take the headache out of managing your exposures. Through our year-round, value-adding services, we give you the time and energy to focus on what’s truly important — growing your business.

Our transparent, values-driven approach to tow truck, storage and asset recovery insurance puts you at the center of everything we do.

Because while insurance is our something, our customers are our everything.

That’s the Higginbotham difference.

Tow Truck Business Coverage Options

Individual Liability

Wrongful Repo

Drive Away

Garage Keepers Legal Liability

Garage Keepers Direct Primary

On-Hook Towing

Employee Dishonesty

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Work With an Industry Specialist

Having comprehensive insurance will protect you if your tow truck is damaged, whether that’s due to an accident, theft or a fire. But, making sure you have adequate policy limits is important – if you don’t, then you’ll be responsible for bodily injuries and property damage that exceed the limits on your commercial insurance policy. This is especially important if you operate your tow truck in inclement weather.

Uninsured and underinsured motorist insurance will protect you in the event that you or your tow truck suffer damages caused by a driver who doesn’t have any or enough auto insurance to cover them. When you consider the number of people driving without sufficient auto insurance, getting this coverage makes good sense.

Bodily injury and property damage insurance are standard forms of liability insurance that all motor vehicle owners are required to carry by state law. Failure to keep the minimum coverage levels could result in fines or penalties or even having your commercial driver’s license suspended or revoked. 

Let Higginbotham’s tow truck insurance specialists help you choose a policy that fits your individual needs. Protecting your assets, whether personal, business or both, is our goal. A strong insurance policy can lessen the impact of some of life’s most common but unpredictable perils. At Higginbotham, we’re here to help protect your business from these perils through tow truck and asset recovery insurance.

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Consultative Risk Management

At Higginbotham, we take a consultative approach to customer service and risk management.

Whether you have a single policy, a commercial package or many insurance policies spanning multiple industries, we take the time to understand your unique needs so we can deliver the best coverage at the best price available. But we don’t stop there.

We work for you 365 days of the year, thanks to our Day Two Services® team that works in tandem with our risk management specialists to deliver year-round value.

From help with contracts and certificate validation to safety audits and claims management, our Day Two Services® team helps you mitigate risks, avoid costly claims and better position your operations to achieve success – now and long-term.

Not sure where to start? Talk to someone who wants to listen.

Speak with one of our industry specialists today and find out how Higginbotham can help your business through our tow truck insurance and risk management solutions.

Talk to a Tow Truck Insurance Specialist

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