2213 S Ferdon Blvd
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Whether you are a new operation or an existing Georgia Tow Truck company you are going to need insurance. The amount of insurance you need will depend on the scope of your operation as well as your operational area and the type of equipment you are using. Georgia law requires you to carry a certain minimum amount of insurance in reference to the parameters above.
Any Wrecker TypeLiability Minimum – $100,000 Bodily Injury each occurrence / $300,000 Bodily Injury each accident / $50,000 Property DamageGaragekeepers – $50,000 Minimum
Garagekeepers Comes in Two Forms…Direct & Legal Liability
Direct Liability is then broken down into two options, Direct Primary and Direct Excess.
Direct Primary. This will be the most comprehensive, as well as the costliest coverage. Direct Primary coverage will provide coverage for the vehicles in the care, custody, and control of the insured. Direct Primary coverage will pay out regardless of any negligence and will start paying at dollar one. An example of coverage would be an insured’s vehicle damaged by hail. There is no negligence, the insured cannot control the weather, yet since the vehicle was on his property his policy will pay for the damages.
Direct Excess. This is less expensive than Direct Primary, and will provide mid-level coverage. If there is no negligence on the part of the insured, then the customer’s insurance will pay first. If their policy limits are exceeded, or if they do not have the coverage to begin with, then the garagekeepers policy will pay.
Garagekeepers Legal Liability is the least expensive garagekeepers option. This coverage will only pay for damages as a result of negligence on the part of the insured. An example would be the insured forgetting to lock the gate protecting the lot, resulting in vandalism of the vehicle.
Barbee Jackson Insurance is a leading provider of Georgia Tow Truck Insurance and we work with the largest Commercial Auto insurance carriers to provide our clients the best coverage options for the best price. Our professional staff is always here to help…even if you insure with our competitors. Call today if you need any help understanding coverage options or if you are looking for a competitive quote, Call Us Today 850-389-2001.
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