For immediate release: 08/18/2016 in the states of: All States
Products underwritten by local and national insurance companies based on selected coverage area. Coverage and policies are subject to underwriting guidelines, review, and approval. Products and discounts not available to all persons in all states.
Tow Truck Safety and Tips for new drivers to be safe and keep commercial towing insurance prices down.
You help keep people safe when they’re driving by towing away broken-down vehicles. By following these tips, you can be confident that you’ll be safe too.
Keep your truck maintained. Schedule regular professional truck inspections, and repair or replace parts when necessary (not when you have time to get around to it). Invest in keeping your truck going—and going safely.
Be familiar with your truck and its capacity. Before you use your truck, inspect it. Make sure the truck is free of broken bolts, cracked seams and stress fractures, and check the chains to make sure they’re free of cracks and rust. Also, be familiar with your tow capacity, and make sure to stick to it. Staying within your truck’s limits will help you keep control.
Know how to safely hook up a vehicle. When hooking up a vehicle, block its wheels before disengaging the driveshaft or the brakes.
If you have a remote control for the lift, boom or winch, lock and secure it inside your truck until you’re ready to use it so you don’t accidentally activate it if it’s in your pocket or on the ground. And once you lift the vehicle, never work underneath it.
Keep a safe distance. Remember that you’re carrying extra weight when towing a vehicle, so drive defensively. Stick to the speed limit, and try to keep a two- to three-second distance between your truck and the car in front of you. This will give you enough room to come to a complete stop in case they slam on the brakes.
Be ready for the unexpected. You’ll need a safety net of your own while you are busy being everyone else’s. Make sure your truck—and your business—is covered with commercial auto insurance.
Every tow business owner should have liability and physical damage insurance, which covers damages you could cause to your truck—or someone else’s vehicle—in case of an accident.
Also, consider insurance that protects your customers’ vehicles as well as your own. With additional coverages, you can be confident that you won’t be responsible for damages that could happen to a car you have on-hook or in storage at your shop.
Contact National Insurers at for more tips and commercial towing insurance quotes.
Tips to save money on your tow truck insurance coverage.
Every business wants to save money on your commercial vehicle insurance, but cutting back on insurance coverage is not the answer. That is really true for your commercial auto or truck insurance. If one of your owned or rented tow trucks is in an accident and at fault, not having the right coverage could possibly cost you twice: not only will you have to pay to get the truck repaired, you’ll also lose out on jobs while it’s in the shop.
Instead of lowering coverage, think about possible ways to save:
Consider changing your deductibles. If you would rather save a little money today but pay more out-of-pocket in the event your vehicles are damaged or stolen, a higher deductible may be right for you.
Keep in mind that you and your drivers history influences rates. Every once in a while obtain Motor Vehicle Reports (MVRs) on potential hires, just make sure to notify them first to comply with state privacy laws. Also, tow businesses that require larger vehicles and whose drivers hold Commercial Drivers’ Licenses (CDLs) may qualify for pricing discounts.
Think about how you’re going to pay. Some insurers have significant finance charges associated with their bill plans, or don’t have flexibility in payment schedules. Look for companies that offer flexible pay plans, including low initial payments and no finance charges.
Shop around for insurance. One of the easiest ways to save money is to make sure you have a vehicle insurance plan that fits your company needs. While commercial auto, trucking or busing insurance can seem complicated, understanding the carriers, coverages and services available to you is the key to making an informed decision for your business. Coverages like On Hook Legal Liability and Garage-keepers Legal Liability are designed specifically for tow business operators:
On-Hook Legal Liability covers towed property, and was recently expanded to cover more than just the vehicle you have in tow. Cargo like equipment or raw materials and select personal items in towed vehicles are now covered if they’re damaged at any time between pick up and delivery. Plus, coverage for transmission and transaxle damage is now included. Limits for this truck insurance coverage are now available up to $100,000.
Garagekeepers Legal Liability covers vehicles being serviced, repaired or stored at up to three business locations. This coverage is also now available in limits up to $100,000.
Also, check with your National Insurers carrier to see what discounts they offer. Some carriers offer discounts to companies who pay in full, have been in business for more than three years, and more.
Regularly reviewing and comparing insurance costs can both save you money and keep your business moving forward. We’ll be glad to help. We can quote competitive tow rates and important tow coverages on the spot.
Any business is only as safe as the tools and processes it uses. One of the best tools available a business can use to protect its assets is commercial auto insurance.
Understanding your commercial insurance is imperative. One of the first steps toward making an informed decision is to understand coverage and service options. Here are National Insurers easy steps to help figure out your commercial auto insurance needs:
1. Choose a National Insurer with an affordable price and prompt professional service. Insurance isn’t just about price. It’s about service, too. How are claims handled? How long will it take to get your vehicle back on the road? Can you get questions answered outside of business hours or online? Know the answers to these questions. Your time is money.
2. Research your policy options. Having the right coverage is important. A standard commercial auto policy generally includes coverage for:
•injuries or damage that you cause; •your driver’s injuries; •injuries and damages caused by uninsured or underinsured drivers; and •damage to or theft of your vehicle(s).
When it comes to damage that you cause, you may be required to purchase certain limits based on who you work for. For instance, if you work for certain home builders, you may be required to carry $1 million in liability limits. Consider how much you are willing to pay out of pocket if your liability in an accident is more than your policy limits.
3. Know how the policy is priced. You can control your insurance costs. To get the best rates, run motor vehicle reports on potential drivers. If you let your insurance lapse, you’ll probably pay more for your next policy. Ask about discounts, including paid-in-full and renewal discounts.
Just like your customers rely on your professional skills, call National Insurers professional independent insurance agents who will be in your corner, researching and recommending the best options.
Here are a few tips to saving money during your off season.
Ever mowed a lawn in December or January? Or plowed a snowy driveway on a hot steamy summer day? If you own and operate a seasonal business, chances are you may not be working your main business in the off-season, so the insurance you carry should be different than what you carry for your regular working season.
Leading commercial auto insurers like National Insurers Commercial Division and our top companies offer options for seasonal insurance for several businesses like landscapers, snowplow operations, ice cream truck vendors, and several more. These coverages allow you to customize or change your commercial auto insurance based on when your business is running in your prime season.
National Insurers Commercial Division and our top companies offers these tips for getting the most out of your policy in your off season: • If some or all of your commecial vehicles will be parked during the off-season, you would think that you should probably cancel that vehicle’s insurance during the downtime. But if you’d like to protect your vehicle and still save a little money, just switch your insurance to a Comprehensive Coverage types only policy. This will give you basic protection against incidents like vandalism, theft, falling tree branches, wind and hail.
A Comprehensive Coverage only policy also gives you the bonus of having continuous insurance coverage. If you drop your insurance completely, you may pay significantly more to get a new policy when you resume operations because most insurance companies want to see proof of continuous coverage.
• If you plan to drive your work truck or other vehicles for personal use during the off-season, let your insurance company know. They can adjust your policy to reflect personal use, which can be less expensive while still providing coverage.
Claims handling capability is the most important feature we sell our commercial customers. National Insurers and our companies consistently proves superior at settling commercial claims quickly.
Get the right insurance for your trucks and save money. Five things you should consider before your next renewal.
Contact National Insurers commercial auto insurance brokers.
Your vehicle insurance could be as much as 40 percent of your total operating budget. A Regular policy review is essential in making sure you have the right insurance for your truck and your business. Plus, you could save big bucks if you qualify for additional discounts.
To get started, ask yourself these five questions—then give your local agent a call.
1. Are all of my employees covered when they drive my trucks, even if they’re not listed on my policy?
You should always list employees who regularly drive your vehicles. Ask your insurance company if it covers temporary drivers as long as they have your permission to operate the vehicle.
Some insurance companies will only cover drivers who are named on the policy. So, if you regularly employ temporary workers, you need to call your insurer and add them to the policy every time they drive to ensure they’ll be covered in an accident.
Permissive use policies don’t require you to add temporary workers.
2. Will my policy pay to repair my employees’ personal vehicles if they get into an accident while running a business errand?
If you often send employees on business errands in their personal cars or trucks, or, if you use rental vehicles, consider adding optional coverages to your policy to protect those vehicles. In many cases, a standard commercial auto insurance policy won’t cover damages in case of an accident. Your agent or insurance company can walk you through all of your options.
3. Should I maintain my policy during the off-season if I’m not using my truck?
When the season’s over, consider switching to Comprehensive-only coverage instead of canceling your policy altogether. This coverage protects your vehicles against incidents like vandalism or hail that can happen when they’re sitting for long periods during the off-season.
If you do decide to cancel your Liability insurance, check with the Department of Motor Vehicles first. There may be some additional steps you need to take to comply with the insurance laws in your state.
4. How quickly does my insurance company resolve claims?
Find out how long, on average, it takes your insurer to resolve claims. The faster they take care of your claim, the faster you can get back to work.
Also, ask if your insurance will cover a rental vehicle or provide downtime payments. That way, if your truck’s out of commission, your business will stay profitable.
5. What can I do to control my insurance expenses?
Discounts can make a big difference, especially with commercial insurance. National Insurers commercial auto insurance offers several, like an experienced business owner discount and a discount if you have a General Liability or Business Owner’s Policy. Other ways that you can save include increasing your deductibles and paying your premium in full.
Contact National Insurers commercial auto insurance.
Commercial Truck Insurance – Big Rig Myths Debunked
Your truck is the backbone that keeps your business up and running. But when it comes to insuring your truck, it can be difficult to distinguish insurance facts from myths. And buying insurance without knowing the facts might cost you big bucks in damages or downtime.
We’ve compiled a number of big rig truck insurance myths and facts. Use them to make sure you have the right insurance coverages for your truck.
Myth: If you’re on a motor carrier policy, you’re covered.
Fact: Motor carrier policies often provide only liability coverage to owner-operator vehicles on lease, so you need to have your own physical damage coverage. Plus, the motor carrier policy only covers you when you’re driving for work or are under dispatch. So if you have a claim when you’re on a non-business or personal errand, it likely won’t be covered. A non-trucking liability and physical damage policy can protect you and your truck.
Myth: You should have a separate cargo insurance policy.
Fact: Consider adding your cargo insurance as an endorsement on your vehicle policy instead of carrying cargo coverage with a different carrier. If you’re in an accident that damages both your truck and cargo, you won’t need to waste time waiting dealing with two separate companies for your claims. Plus, a cargo endorsement can be less expensive than carrying a separate policy, and one policy means paying just one bill instead of two.
Myth: Downtime following a big rig truck accident is annoying, but won’t significantly affect your bottom line.
Fact: If your truck is out of commission for 30 days, your business could only have a 50 percent chance of survival. Make sure that your insurance company will provide a rental vehicle or downtime payments to help you get back on the road quickly following a claim.
Myth: It’s cheaper to cancel your insurance for stored vehicles if you have a seasonal business.
Fact: Not necessarily. If you cancel your insurance policy, your stored vehicles won’t be protected. A Comprehensive-only policy provides coverage for businesses that don’t need liability coverage during certain months, but want basic protection against incidents like vandalism, fire, theft, falling tree branches, and hail. This is ideal for vehicles that sit for long periods during the off-season.
Plus, a Comprehensive-only policy provides continuous insurance. If you drop your insurance completely, you may pay significantly more to get a new policy when your peak season rolls around because most insurance companies want to see proof of continuous coverage prior to offering their best rate.
Fact: Some insurers won’t cover vehicles that require filings, while others simply don’t have the capability to help you get the filings your business needs. Progressive can leverage its truck insurance expertise to provide its customers with filings assistance.
Myth: All insurance companies offer 24/7 service.
Fact: Many insurance companies are only available during regular office hours, which can make filing a claim, adding a vehicle to your policy, obtaining a Certificate of Insurance, and paying bills inconvenient. Before you buy, check with your insurance company to make sure they’re available when you need them.
Wonder if one of your perceptions about big rig truck insurance is myth or fact? Talk to a National Insurers agent at today. He or she can answer those questions and help you determine which big rig coverages are right for you.