Metairie Terrace Tow Truck Insurance

Metairie Terrace Tow Truck Insurance – Call Today!

Metairie Terrace Tow Truck InsuranceIf you’re searching for better rates on Tow Truck Insurance in Metairie Terrace Louisiana and the surrounding areas then you’ve found the right place.

We are Jeff Davis Insurance, a leading insurance agency in Louisiana. As an independent agency we have the tools necessary to help our customers find appropriate and affordable coverage on Tow Truck Insurance in Louisiana.

Give us a call today at 337-824-4455 to speak with one of our licensed insurance agents.

Metairie Terrace Tow Truck Insurance – Exclusions of Coverage. 

This week we will continue the theme of exclusions of coverage. Just in case you’ve forgotten what exclusions of coverage are, we define them as specific situations pointed out in the language of an insurance policy for which coverage would not be allowed or paid for by the insurance company.

The most important advice we give at Jeff Davis Insurance is to carefully read your policy from cover to cover

You really need to know what is and, more importantly, is not covered on your Louisiana Tow Truck Insurance policy so that you won’t be blindsided by a claim denial down the road.

Bearing that in mind, let’s conclude our claims scenario to illustrate the importance of knowing your policy’s exclusions of coverage.

Tow Truck Insurance Metairie Terrace – Coverage Scenario. 

When we left off, the lawyer representing Marty’s Repair and Tow contacted Biff to persuade him to drop the case, or else they will petition the judge for a declaratory judgment.

When Biff does not back down, the lawyer suggests that he may be eligible for workers compensation under Marty’s Repair and Tow’s policy.

Biff continues to hold out for a bigger payout, however, so the lawyer tells Biff he’ll email him a copy of Marty’s Tow Policy and highlight what it says in regards to Biff’s situation.

The next morning Biff opens an email in his inbox from the lawyer. Attached is a copy of Marty’s policy with a particular section highlighted:

Employee Indemnification and Employer’s Liability Bodily injury to:

a . An employee of any insured arising out of or within the course of: (i) That employee’s employment by any insured; or (ii) Performing duties related to the conduct of any insured’s business; or

b . The spouse, child, parent, brother or sister of that employee as a consequence of Paragraph a. above.

Put more succinctly, coverage is excluded for bodily injury to the spouse of the employee as a consequence of the employee’s employment.

Because Biff’s wife was injured as a direct result of Biff’s duties while on the job, she would not be covered.

So while Biff might be eligible for workers compensation under his employer’s policy, his wife certainly is not.

Out of anger, Biff doubles down. He rants belligerently about how he’ll have his day in court. Just as the lawyer promised, within weeks the judge issues a declaratory judgment that effectively quashes Biff’s lawsuit and labels it groundless. Biff is hit with a countersuit for attorney’s fees and costs and gets a bill for $16,872.

Naturally, Biff is fired from his towing job and it looks like he will be headed to bankruptcy court.

Metairie Terrace Tow Truck Insurance – Call Us Today!  

If Biff had understood the language of his employer’s policy as it relates to him as an employee he might have thought twice about filing a lawsuit.

Commercial truck insurance is complicated and it’s important to buy your coverage from Jeff Davis Insurance.

Our number is 337-824-4455, and we’re available Monday through Friday 8:30 AM to 4:30 PM (CST).

We can shop the market for you to find better coverage options on Tow Truck Insurance in Metairie Terrace Louisiana.  

We also offer Louisiana Tow Truck Insurance in the following areas: 

  • Tow Truck Insurance Zachary Louisiana
  • Tow Truck Insurance Monticello Louisiana
  • Brownfields Louisiana Tow Truck Insurance
  • Baker Louisiana Tow Truck Insurance

Tow Truck Insurance Baton Rouge La

Tow Truck Insurance Baton Rouge La 

Tow Truck Insurance Baton Rouge LaShopping for Tow Truck Insurance in Baton Rouge Louisiana and the surrounding areas can be a challenge unless you call the specialists at Jeff Davis Insurance.

As a leading Independent Insurance Agency we can help you find some of the best options for Tow Truck Insurance in Louisiana.

Call us today by dialing 337-824-4455.

We offer competitive insurance solutions for a variety of different towing operations, no matter if it’s incidental to your garage or dealership, or you specialize in any form of towing including repo work.

It Is Super Important to Disclose All Facts about Your Business Operation.

In last week’s discussion we considered how Lowball Trucking Insurance Company issued a claim denial to Atlas Trucking because of a material misrepresentation on the insurance application submitted to the insurance company.

An agent working for Lowball Trucking Insurance Company did not document the correct radius of operation on the application, and the Atlas Trucking Company did not notice the incorrect information listed on their application leading to a claim denial.

Within the insuring agreement of any commercial auto policy is a detailed list of terms and conditions and exclusions of coverage.

One of the conditions within the typical commercial auto policy purchased by towing operations, garages, and car dealerships is the ability for the insurance company to void a policy when incorrect information is provided to the insurance company.

Today we’re going to discuss the rationale on why some insurance companies place radius of operation restrictions on their policy, and we will discuss the importance of making sure all details are accurate. 

Why Do Insurance Companies Place Restrictions on Radius of Operation?

Not all insurance companies have the same underwriting standards based on their particular risk appetite. Some insurers are okay with insuring companies that need an unlimited radius of operation; other companies restrict the radius of operation to only 200 miles; still other companies, 350 miles; some 500 miles.

Why do companies place such limitations within their underwriting guidelines?

It’s normally based on past experience.  A company restricting their insured customers to 200 miles or less perhaps has had unfavorable loss experiences with trucking operations including towing service operations traveling further than 200 miles.

In some instances companies will make minor exceptions to their underwriting rules. However, if a particular insurance company limits the radius of operation to 200 miles or less and a tow company travels further than the maximum allowed, the insurance company will decline to insure that company.

What happens if a company travels further than the maximum allowed and incorrect information is listed on the application? 

This will likely result in a claim denial or the policy will be voided as if it never existed.

It’s vitally important to ensure all information on the company application is 100% accurate. 

Call Jeff Davis Insurance When You Need Tow Truck Insurance in Baton Rouge La.

Our tow truck specialists can shop the market to help you find the coverage you need based on your individual circumstances.

Call 337-824-4455 Monday through Friday 8:30 AM to 4:30 PM (CST).

Please look below to learn about other nearby areas we serve commercial truck insurance: 

  • Tow Truck Insurance Walker Louisiana
  • Tow Truck Insurance South Baton Rouge
  • Tow Truck Insurance Scotlandville Louisiana
  • Tow Truck Insurance Zachary Louisiana