Contact Us 800.880.5724
Navigation

 

  AUTOMOBILE   HOMEOWNERS   BUSINESS   LIFE/HEALTH  

The most challenging thing for owners in the tow/repo world is understanding exactly what insurance they need in order to meet the State and licensing requirements.

When an owner of a tow, wrecker or repo company calls a random insurance agent for this coverage, more often than not the auto liability is quoted, sold and bound.  Then, when the filing is made with the state, it's realized there are 3 other crucial coverages needed in order to be compliant.  So the owner is scrambling, asking his agent for the additional coverages, possibly losing business opportunities in the mean time.

Auto liability isn't the only coverage required.  In addition, Oklahoma requires a tow company to have On Hook coverage, Garagekeepers coverage, & Bailee coverage.  One or more of these frequently get missed if one isn't familiar with the industry requirements.  Garage Liability and Cargo are two other coverages that may be needed as well.

When tow companies call Celeste, Kevin, Greg, or Melissa, agents that deal with this class of business, they get someone that understands what is needed for them to do business and make money.  Each of these agents quote these lines of coverage up front. So the customer knows the true premium, instead just getting one line at a time, and then having to come up with more money than expected.

Celeste & Greg are in our Stroud office. Kevin is in our Shawnee office.  Melissa is in our Bristow office.  Any one of these would be a great choice to help you with tow/wrecker/repo insurance.   We are not limited to Oklahoma companies, but have many customers in Texas, New Mexico, & Colorado as well.
Posted 8:00 AM  View Comments

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version




 
Our Carriers Our Company Services Contact Us More Help
Travelers
Allstate
SafeCo
Progressive
BCBS
Home
Who We Are
Events
Customer Service
File A Claim
Insurance Types
Send A Message
Locations
Employee Directory
Glossary
Calculators
GET SOCIAL WITH US Facebook LinkedIn Google+
319 W. Main, Box 539 | Stroud, OK 74079 | 800.880.5724 Powered by Insurance Website Builder

Join Our Newsletter Refer A Friend Our Partners Get A Quote