Know the Necessary Requirements for Tow Truck Insurance in Illinois
If you own tow trucks, you know how important insuring them is; therefore, you should be able to understand the Illinois tow truck insurance requirements. For you to protect your business and your customers, it is essential that you have the right type of insurance coverage. Tow truck insurance will provide financial protection if you or your employees cause damage to a vehicle or property while performing your services.
What is Tow Truck Insurance?
Tow truck insurance is a form of insurance specifically designed for tow truck operators. It covers the vehicle, the driver, and any property or cargo that is being towed. This form of insurance is important because it will offer you protection from financial losses related to towing services, such as accidents, theft, and damage to the towed property. You will also get coverage for medical expenses and liability costs in case of an accident.
It also includes general liability coverage, which covers third-party property damage and bodily injury; physical damage coverage, which pays for damage to the tow truck itself; and uninsured motorist coverage, which pays for losses due to an uninsured driver.
Get to Know the Illinois Tow Truck Insurance Requirements
If you’re a tow truck operator, you know how important insurance coverage is in protecting your business. It will not only cover you from losses but also ensure you go on with your daily operations without the fear of a financial crisis.
Contact Insured ASAP Insurance Agency (Auto, SR22, Business) for a consultation on Illinois tow truck insurance requirements.