When an owner operator calls 1st Guard for a physical damage quote, this question is often asked:
Does your policy include towing? Well of course, why wouldn't it? But as we sit back and digest this question further it makes pefect sense why owner operators ask this question. Simply put, most physical damage policies available to the market do not provide adequate towing coverage. In fact the question at hand is further prompted because the owner operator likely got burned by a previous physical damage carrier that stuck the tow bill on them.
We will make it very clear: 1st Guard's physical damage policy does include towing and storage to the nearest repair facility. Additionally, our policy does not have a sublimit or cap to the amount of towing expense. Less the deductible, we'll pay the rest.
On the contrary, it is important to point out that many physical damage policies available to owner operators have a CAP or LIMIT to what they will pay towards towing expenses. Typically it is $5,000 to $7,000 or a % of the value of the vehicle. We've seen tow bills upwards of $20,000 - so if an owner operator had a physical damage policy that had a $5,000 cap on towing they would be stuck with a $15,000 tow bill - which could most definitely put them out of business!
It is our advice to review your physical damage policy when you get a chance to see what the towing coverage and/or limitations are. I don't know about you but I'd rather pay a little extra each month on my physical damage policy knowing that I had FULL coverage when I needed it.
After you check your policy, make sure to give us a call for a quote. Call 800-995-4827 or visit http://www.1stguard.com/.
You need to protect yourself and your truck. That's what it's all about.
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