Companies use a tow truck to provide a number of services and to meet the commercial contract. Tow trucks are big, heavy and expensive, so they require a capital investment stiff to initially get them. Do not risk your company's investment in the truck and don't risk causing financial problems for your business by ignoring important commercial auto insurance options. Read this article to know more about crane truck insurance.
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With the right type and level of business in the tow truck insurance, you can protect it and your company from potentially catastrophic losses.
Liability Insurance –
Liability insurance is the basic automobile insurance mandated by law in most states of the country. This insurance must be done so that other people can just compensation when a tow truck you cause a car accident.
These generally fall into two areas:
Body Injury – The accident insurance body pays for medical expenses arising from a car accident. If one or more people were injured in the accident, the bodily injury portion of your liability policy will pay for their care. He paid the funeral expenses if someone is fatally injured.
Property Damage – When the truck you are guilty of the accident that caused damage to property, part of your liability insurance policy will pay to repair the damage caused.