 MJM Insurance™ of Fenton offers Tow Truck Insurance from multiple top-rated insurance carriers in Fenton Missouri. We have agents who specialize in Transportation Insurance Services, and they know almost as much about your business as you do. Our agents have relationships with many insurance carriers, which allows us to shop Towing insurance for you and customize your policy to meet your needs.
Tow truck owners who do not carry the proper insurance coverages are taking a huge risk. We can help assess your risks and determine the coverages you need. If you are involved in an accident and a car you are towing skids into a another vehicle, you would be responsible for paying medical expenses and property damages related to the accident. Insurance is especially important if you operate your tow truck in inclement weather or tow vehicles that may have hazardous materials on board. Accidents Happen…That’s Why it’s important to Protect Your LivelihoodCommercial drivers and truckers must carry tow truck insurance. If you do not, you will be responsible for property and bodily injury damages that exceed the amount of insurance your policy will pay. Bodily Injury and Property Damage Coverages are standard forms of liability insurance that all motor vehicle owners are required to carry by Missouri law. Failure to keep the minimum insurance requirements on your tow truck could result in fines and/or you could have your commercial driver’s license suspended. There are several types of businesses that need Tow Truck Insurance in Fenton Missouri. Our agents will work directly with: – Roadside Service Providers MJM Insurance™ of Fenton Tow Truck Insurance ServicesOur transportation industry safety manual and employee safety resources can provide your place of business with useful injury prevention information. Compliance and Record KeepingYou are responsible for complying with regulations from OSHA, DOT and more. Let us show you how to do so correctly. Managing RisksWe have the risk management expertise to help you plan and control resources and activities in order to cost-effectively fulfill your objectives. Building a Safety CultureOur employee safety materials help you promote a safety-minded workplace. We have flyers, posters, payroll stuffers on such topics as hazardous material handling, defensive driving, obeying traffic controls, etc… Protect Against LiabilitiesWe will provide a risks assessment, custom build a Business Auto Insurance program that meets your needs, and shop the companies to get the best value for you. Give us a call, request an email quote, or visit us to get the best insurance protection and services for your business. DOT/FMCSA ComplianceWe have reference materials, forms and checklists that will help you remain in compliance with DOT/FMCSA regulations. We can save you insurance cost on a variety of commercial vehicles such as:
INSURANCE FOR DIFFERENT TYPES OF BUSINESS AUTOOn the right sidebar of this page, we have include links to a number of business insurance resources. Click on any of the different business types to learn more about the insurance coverages for that type of business. Please call one of our commercial insurance agents for any assistance. Alert: Not All Tow Truck Insurance Is The SameTow truck insurance coverages in Fenton Missouri may vary among Insurance Carriers, so it is important that you work with an Agent that represents multiple, top-rated Transportation Insurance Companies. Agents with MJM Insurance of Fenton can also customize your Business Auto and Garage Legal Liability policy to fit your Towing Service business needs. Basic Business Auto Coverages
Source: www.wikimedia.org On-Hook Towing InsuranceThis coverage will help pay for damages to vehicles you are towing. The on-hook coverage is grenerally provided by the garagekeepers legal liability (GKLL) endorsement (see below). The GKLL limit is a blanket limit that applies to all towing vehicles on the policy. Garagekeepers Legal Liability InsuranceThis will cover vehicles you are storing for clients. The GLL insurance is usually provided as an automatic endorsement that is added to the Business Auto coverage. This liability coverage covers loss of, or physical damage to vehicles being towed, and while in your care, custody, or control and is designed for towing and wrecker service businesses. As mentioned above, the on-hook coverage of garagekeepers’ legal liability insurance provides coverage for a non-owned vehicle that you are towing. Miscellaneous Property FloaterA miscellaneous property floater covers your business personal property that is in transit such as tools and other cargo that you have in your tow truck. This coverage will protect against risks of direct physical loss or damage to your scheduled covered property. Motor Truck Cargo Insurance
Motor Truck Cargo insurance is provided via an endorsement to insure items other than motor vehicles licensed for road use. This coverage provides legal liability for towing companies while transporting property (cargo) of others. Since the towing operator is seen as a common carrier, they are responsible for the safe delivery of the goods they are transporting (customer’s vehicles and the contents of the vehicle), and thus owe a very high degree of care to their customer. Business Income & Extra Expense InsuranceBusiness income insurance & expense coverages will reimburse your towing business for loss of income and profits if your property is damaged from a covered peril and out-of-service. The coverage continues until the property can be restored or replaced, or until the limit has been reached. The extra expense coverage includes extra expenses that business must make during the time of loss such as rent, mortgage payments, taxes, and utility services. Tow Truck Commercial Auto Insurance FilingsDifferent Trucking Operations require different filings; Do Not Worry–We help our clients with the State and Federal Transportation Insurance Filing Forms including those listed below. Federal Truck Filings and Forms
Intrastate Truck Filings
Tow Truck Insurance ResourcesFederal Motor Carrier Safety Administration US Department of Transportation The National Transportation Safety Board Directory of State Patrol and State Police Missouri State DOTs and MVRs MJM Insurance™ of Fenton is a supporting member of the Missouri Association of Insurance Agents and committed to the Trusted Choice® Pledge. Our agents will work with you to help you understand your Missouri Tow Truck Insurance options and review your risks to ensure you are properly protected. Contact us today for a free evaluation of your current policy and risk assessment. |
(636) 343-5000
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