ALC - proins

Businesses providing automotive services such as auto body shops, parking garages, towing companies and service stations need to protect themselves against a variety of liabilities.

All automotive businesses, including auto body shops, service stations, towing companies and parking garages, risk inherent liabilities when providing service for customers’ vehicles.

Many auto body shops repair the damages vehicles sustain in collisions and sometimes, auto body shops must tow the vehicles they service. Therefore, it’s important for those businesses to acquire towing insurance in order to protect themselves from several types of liabilities. Here is a close look at towing insurance coverage and how it benefits auto body shops.

If you own any type of automotive service business, such as a car repair shop, a towing company, a service station, a parking garage or a carwash hub, you know there are certain risks the vehicles in your care are exposed to. It is essential to protect your business from these liabilities and the most effective way to do this is by purchasing a garage keepers insurance policy.

Emergency roadside service providers assist drivers after their vehicles break down, helping them return safely to their travels. Emergency services typically include mechanical labor at the location of a breakdown, towing a vehicle to the nearest repair site and lockout services (i.e. if your key is stolen, lost, or locked inside your vehicle) as well as delivering oil, gas, new tires or a battery.

Working with an insurance company that has experience providing insurance for towing businesses will not only manage the risks that are specific to their business but can help in getting the best rates for premiums. A professional, licensed insurance agent with experience in commercial towing insurance understands that towing insurance should be customized to cover the particular risks connected with each business. By comparing insurance policies, you can be confident that you are getting the best rates and paying only for the coverage your business needs.

Commercial towing insurance is customized insurance for businesses that provide commercial towing services. If your business owns or operates any kind of towing vehicle, read on to learn more about commercial towing insurance and what risks it covers.

Most homeowners associations (HOAs) have insurance coverage to protect the HOA against liability arising out of accidents and injuries that occur on HOA property. Condo associations also need HOA insurance due to the amount and type of property that they own and manage.

Specialty insurance policies cover a wide range of objects and locations. Habitational insurance, or landlord insurance, is one example of a comprehensive policy that includes both general liability coverage and property coverage. More specifically, habitational/landlord insurance policies are designed to protect the owner of commercial properties that are rented to others (condominiums, apartment complexes, etc.). Here is a close look at habitational insurance, which is different from traditional homeowner’s insurance.

Any company that tows vehicles is able to protect their business by having appropriate insurance designed for the risks associated with towing. Whether your company is a commercial tow truck business, towing disabled vehicles, or offers towing services as part of a repair shop or salvage or hauling business, commercial towing insurance will provide coverage for the possible risks.