Insurance TL;DR

6 tips for running a tow truck business

So, running a tow truck business…easier said than done, right? If you’re starting up your own business (or even if you’ve been in the game for a while), here are a few tips for operating your towing business like a pro.

6 tips for running a tow truck business.

1. Make safety a priority.

“Safety first” is more than just something that your mom used to drill into your head (no matter how much you rolled your eyes.) You can keep yourself and your drivers from ending up in the hospital by emphasizing safety at your business. And there’s more – you can even save money on your tow truck insurance by keeping a clean loss record.

2. Hire great tow truck drivers.

The driving records of your tow truck operators can affect your tow truck insurance rates, so it’s important to hire drivers who are committed to safety. These are the people who will be driving your trucks, after all. Do you want to hire someone who’s going to smash it? Probably not.

3. Invest in driver training.

Well, your drivers will have a much lower chance of smashing your tow truck or making a goof if you train them right. Have continuing training even for your experienced drivers.

4. Have pre-trip vehicle inspections.

Make sure your tow truck is ready to roll with a pre-trip vehicle inspection. You can fix whatever needs to be fixed before you hit the road – and avoid having to call a tow truck for your tow truck.

5. Maintain your trucks.

Just like people need to go to the doctor for regular check-ups, your tow trucks need regular maintenance to make sure they’re in good health (whatever that means for tow trucks.)

6. Get the right tow truck insurance.

It’s also important to make sure that you have the right insurance to protect your tow truck business. Auto liability, physical damage insurance, on-hook insurance, garagekeepers, and garage liability insurance are important coverages to consider.

 

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