Shielding Your Business: Essential Insurance Coverage for Recovery Drivers
Jade Sovron
Hitting the road as a recovery driver comes with inherent risks. Protecting your business and livelihood requires a comprehensive insurance strategy that safeguards you against financial losses arising from accidents, damage, and liability claims.
Let’s break down the essential insurance types every recovery driver should consider:
1. Commercial Auto Insurance: Your First Line of Defence
Just like any other vehicle on the road, your tow truck or recovery vehicle needs its own insurance. Commercial auto insurance covers:
- Collision Coverage: Protects your vehicle from damages resulting from collisions with other vehicles or objects.
- Comprehensive Coverage: Covers non-collision incidents like theft, vandalism, fire, natural disasters, and falling objects.
- Liability Coverage: Crucial for covering bodily injury and property damage you may cause to others in an accident where you’re at fault.
2. On-Hook Insurance: Protecting the Vehicles You Tow
On-hook insurance, also known as cargo insurance, is specifically designed to cover damage to vehicles while they’re being towed or transported on your recovery equipment.
- Peace of Mind for You and Your Customers: Provides financial protection if a vehicle sustains damage while under your care, custody, or control during the recovery process.
- Covers a Range of Incidents: Protects against various scenarios like accidents during transport, damage caused by equipment failure, or even theft of a vehicle while it's on your truck.
- Garage Keepers Liability Insurance: Safeguarding Vehicles in Your Care
If you store customer vehicles at your business location, garage keepers liability insurance is essential. This coverage protects against:
- Damage to Vehicles in Your Possession: Covers incidents where a customer’s vehicle is damaged while parked or stored at your garage, lot, or business premises.
- Theft and Vandalism: Provides coverage if a vehicle is stolen or vandalised while in your care.
- Employee Negligence: Protects you from liability if an employee accidentally damages a customer's vehicle.
- Public Liability Insurance: Covering Third-Party Claims
While not a legal requirement in the UK, public liability insurance is highly recommended for any business, including recovery operations. It covers:
- Injury to Third Parties: Provides financial protection if a member of the public is injured on your business premises or due to your business operations.
- Damage to Third-Party Property: Covers costs if you or your employees accidentally damage someone else's property while conducting business.
- Employers’ Liability Insurance: Protecting Your Team
If you employ staff, employers’ liability insurance is a legal requirement in the UK. It covers:
- Employee Injury or Illness: Provides compensation to employees who suffer injuries or illnesses as a result of their work for your business.
- Legal Costs and Expenses: Covers legal expenses if an employee makes a claim against you for negligence related to their work environment or duties.
Drive with Confidence: Invest in Comprehensive Coverage and invest in yourself at