Low Rates Available for Lafayette Louisiana Tow Truck Insurance – Call Now!
If you are shopping for Tow Truck Insurance in Lafayette Louisiana or the surrounding areas then look no further than the knowledgeable agents of Jeff Davis Insurance.
Jeff Davis Insurance, a leading independent insurance agency in Louisiana, is prepared with the tools and know-how to bring you excellent rates and coverage on Lafayette Louisiana Tow Truck Insurance.
So give us a call right away at 337-824-4455 and speak with one of our licensed agents today.
Our offices are open Monday through Friday 8:30 AM to 4:30 PM (CST).
Lafayette Louisiana Tow Truck Insurance – Exclusions of Coverage- Don’t Skip Reading the Fine Print!
Today we will continue to look at exclusions of coverage in the typical commercial auto insurance policy. Exclusions of coverage are specific situations where coverage for a certain type of claim could be denied by the insurance company.
Exclusions of coverage are listed in the commercial auto insurance policy and it’s important to understand what is not covered.
Lafayette Louisiana Tow Truck Insurance – Coverage Scenario.
The last time we saw “Tightwad” Timmy Tomkins, owner of Slim Timmy’s Top-Tier Towing, he had just received a call from one of his tow truck drivers.
While driving down a dark country road, a group of deer ran across the road and the driver, before he had time to react, hit the last one head on causing a significant amount of damage to the tow truck to the tune of $18,917 of damages.
Only one week after Timmy files a claim for damage to his tow truck he receives notice from his insurance company informing him that his claim has been denied!
How can this be?
To answer that question, we must take a look at Timmy’s policy. Remember that Timmy went with a type of coverage called Specified Causes of Loss Coverage?
This kind of coverage only protects your vehicles from damage due to specific causes clearly listed in the policy. So in other words, for coverage to apply the claim event must be listed in his policy.
Here is that section from Timmy’s policy:
We will pay for loss to a covered auto or its equipment under Specified Causes of Loss Coverage Caused by:
(1) Fire, lightning or explosion; (2) Theft; (3) Windstorm, hail or earthquake; (4) Flood; (5) Mischief or vandalism; or (6) The sinking, burning, collision or derailment of any conveyance transporting the covered auto.
Do you see something missing?
Yes indeed. Collison with an animal is not listed as a covered peril under the coverage he had chosen therefore it is not covered!
That’s a pretty tough lesson to learn the hard way. Timmy writes a check of $18,917 to the body shop to get his tow truck back in running order.
Here’s a follow-up question, a personal automobile insurance policy would have covered a claim due to an accident with an animal.
Why is damage caused by an animal not listed on Timmy’s insurance policy?
We will answer that question in next week’s article.
Tow Truck Insurance Lafayette – Call Us Today for Super Low Rates!
Go ahead and make the call to Jeff Davis Insurance today to learn more about our Tow Truck Insurance program.
Our experienced agents are standing by to help you find the coverage you need.
Call 337-824-4455 Monday through Friday 8:30 AM to 4:30 PM (CST). We will shop the market to find the best coverage options on Tow Truck Insurance in Lafayette Louisiana or the surrounding areas for your business.
We also offer Tow Truck Insurance in the following areas:
- Tow Truck Insurance Rayne Louisiana
- Tow Truck Insurance Broussard Louisiana
- Breaux Bridge Louisiana Tow Truck Insurance
- Youngsville Louisiana Tow Truck Insurance
- New Iberia Louisiana Tow Truck Insurance