Progressive is a quality company, and we can offer coverage written through them for other risks, but they have stopped issuing new policies to anyone in the towing industry. Luckily we DO still have companies happy to offer coverage to those in the towing industry. Urban’s Tow Truck Owners Insurance offers the complete package of coverage required by the Secretary of State. Tow Trucks in Illinois are required to carry Commercial Auto Liability, Car on Hook Coverage as well as Garage Liability.
We do offer the Garage Liability Coverage. This is important because that it is required to legally obtain “Tow Truck Plates” in Illinois. We at Urban are experienced in crafting certificates with the wording the Secretary of State’s office in Illinois demands before granting Towing Plates.
The Basic Coverages required for obtaining a Tow Truck Plate in Illinois are:
Commercial Auto Liability : Insurance for what the policyholder is legally obligated to pay because of bodily injury or property damage caused to another person. The Limits in the State of Illinois are set at $500,000.00 Combined Single Limit, or $750,000.00 Combined Single Limit for ICC Filing and $1,000.00 if your company requires a federal DOT Filing..
Garage Liability: Insurance for what the policyholder is legally obligated to pay because of bodily injury or property damage caused to another person as a result of services performed as part of a towing operation or related service call.
Car On Hook Coverage: Insurance for what the policyholder is legally obligated to pay as a result of property damage to the vehicle being towed, either on a flat-bed on on a hook.
Garage Keepers Legal Liability: Is only required for those business that store customers cars. Worker’s Comp coverage is also a needed coverage, but only if the company has employees.
Additional information on the Illinois Commercial Safety Towing Law (”Law”), 625 ILCS 5/18d
We have been providing Towing Insurance for over 50 years.
Our friendly and professional auto insurance agents are available to talk to you Monday – Saturday from 8:00A – 6:00P
Urban Insurance Agency /800 W Huron St #301, Chicago, IL 60642 / 312-664-8088