What is a tow truck?
A tow truck (also called a wrecker, a breakdown truck, a recovery vehicle, or a breakdown lorry), is a truck used to move disabled, improperly parked, impounded, or otherwise indisposed motor vehicles.
The main types of tow trucks are:
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Flatbed
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Hook and Chain Trucks
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Integrated Tow Trucks
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Wheel Lift tow Trucks
What is tow truck insurance?
Tow truck insurance is a specialized form of commercial truck insurance which helps protect your truck from many risks on the road. This insurance is vital in protecting your business’s livelihood.
Why do you need tow truck insurance?
This is a way to protect your assets against possible disasters, damages, and lawsuits that could happen in the event of a loss. Without this, your business could face more operational difficulties or legal problems.
ONLY THE BEST
Everything That A Transport Operator Needs
Best Truck Insurance is one of Australia’s trusted truck insurance companies known for their commitment to their customers, and their expertise when it comes to insurance for all kinds of heavy vehicle trucks and trailers.
- Comprehensive cover
- Competitive prices with no hidden charges
- Australia wide network
- Flexible payments options (via premium funding) to assist cash flows
- Includes all type of trucks and heavy vehicles
TOW TRUCK INSURANCE INCLUDES:
Comprehensive Truck Insurance (including hook liability)
This section pays for the repair or replacement of your vehicle when damaged in an accident. It also protects your vehicle against other collisions, fire, vandalism, and theft.
On hook liability protects the vehicle hooked up to a tow truck (using hooks tilt-tray or jib and boom mechanisms). This insurance will cover the cost of repair or replacement if any damage occurs to the car which is not yours during transit, for the purpose of collection or delivery of the vehicle within a 200 metre radius of the tow truck.
You can choose from the following Hook liability limits: $100,000 / $250,000 / $500,000 / 750,000 / $1,000,000
Marine
This cover is designed to cover items not insured under the hook liability e.g. machinery on the tray and is covered Australia wide. This covers items that are lost, stolen, or damaged in transit.
You can choose one of the following limits: $100,000 / $250,000 / $500,000
Public Liability
This insurance protects you in the event that you are liable to a third party that has sustained personal, business, or property damage as a result of your business activities. In case of others take legal action against you, it also covers legal defence costs. We can provide a minimum cover of $10M.
Business Interruption
This cover is designed to get you and your business back up and running after an event or damage and will pay your loss of income whilst your vehicle is being repaired or replaced.
What factors do Insurers consider whilst assessing your insurance needs?
- Age of the vehicle
- Claims history of the owner (client)
- Whether the vehicle is camera-equipped or not
- Experience and age of the drivers
- Whether the maintenance of the vehicle is well monitored or not
At Best Truck Insurance, we can assist in all areas from quoting, placing cover, and claims assistance. Our dedicated claims consultants manage all claims in house (from start to end).
We can ensure your protection with the most affordable tow truck insurance for your circumstances.
GET THE BEST
Comprehensive. Competitive. Cost-effective
Irrespective of the size of your tow truck business or the industry you work for, you will need tow truck insurance to safeguard your hard earned assets and the significant money you have put to reinstate from loss. Best Truck insurance ensures to provide you with what works best for your business.