NATIONAL INTERSTATE JOINS FORCES WITH OPENROAD
OpenRoad Insurance to Revolutionize Collector Car Insurance
We Know Tow
Since 2004, National Interstate has provided innovative insurance solutions tailored specifically for towing operations. Our tow truck insurance program is designed for fleet operations of 15 or more power units and offers coverage for various towing operations, including:
- Wreckers
- Tow Trucks
- Heavy-duty Towing and Recovery Units
- Equipment Hauling Operators
- Flatbeds and Rollbacks
- Tractors
Our commitment to knowledge and strong relationships ensures that we not only offer the best tow truck insurance solutions but also understand our tow operators' needs and priorities.
To best serve their insurance needs, we utilize a national open-broker distribution network and offer a wide range of program options, including TowCap Premier℠, the only group rental captive designed specifically for best in-class tow truck operators.
We are also proud to sponsor the Best in Tow Program, created to recognize towing and recovery specialists who achieve best-in-class safety performance.
Insurance Coverages for Tow Trucks
- Automobile Liability
- General Liability
- Garagekeepers Legal Liability
- Excess Liability
- Auto Physical Damage
- On-Hook/Cargo
- Property & Inland Marine
- Workers’ Compensation
We provide a variety of payment options, including interest-free installment plans.
First Dollar
First dollar insurance, often called guaranteed cost, may be the right solution if you prefer to transfer all of your risk to the insurance company.Deductible Options
If you are looking to lower your upfront premium cost and take on a limited amount of risk, a deductible option may be right for you. We offer a range of deductible sizes to fit your needs.Group Captive
Make insurance work for you by joining TowCap Premier, our group rental captive program designed specifically for best-in-class tow truck operators. Managed and underwritten by National Interstate, our group captive members share in risk, but also in potential financial returns made possible by deep commitments to safety, accountability, and sharing of best practices. Our group rental captives offer collateral-friendly terms with no upfront capitalization.
Watch to learn more about the benefits of group rental captive membership from our insureds and agents.
Learn more about the unique advantages of National Interstate’s group captives and our other creative risk structures.
TowCap Premier℠
Established in 2017, TowCap Premier is our group rental captive for tow truck operators who take pride in their safety culture and want to actively manage their cost of risk. Membership benefits include earning potential financial returns and the ability to network with and learn from peers and National Interstate executives at bi-annual business meetings.
- Membership: 35+
- $50,000 retention
Learn more about the unique advantages of National Interstate’s group captives and our other creative risk structures.
Large Account Customization
Our dedicated team is known for structuring highly creative and sophisticated risk-financing solutions for large fleets. Unique solutions include single large account rental or member-owned captives, large deductibles or other creative program structures tailored to fit the specific risk profile.
Learn more about the unique advantages of National Interstate’s large account customization and our other creative risk structures.
First dollar insurance, often called guaranteed cost, may be the right solution if you prefer to transfer all of your risk to the insurance company.
If you are looking to lower your upfront premium cost and take on a limited amount of risk, a deductible option may be right for you. We offer a range of deductible sizes to fit your needs.
Make insurance work for you by joining TowCap Premier, our group rental captive program designed specifically for best-in-class tow truck operators. Managed and underwritten by National Interstate, our group captive members share in risk, but also in potential financial returns made possible by deep commitments to safety, accountability, and sharing of best practices. Our group rental captives offer collateral-friendly terms with no upfront capitalization.
Watch to learn more about the benefits of group rental captive membership from our insureds and agents.
Learn more about the unique advantages of National Interstate’s group captives and our other creative risk structures.
Established in 2017, TowCap Premier is our group rental captive for tow truck operators who take pride in their safety culture and want to actively manage their cost of risk. Membership benefits include earning potential financial returns and the ability to network with and learn from peers and National Interstate executives at bi-annual business meetings.
- Membership: 35+
- $50,000 retention
Learn more about the unique advantages of National Interstate’s group captives and our other creative risk structures.
Our dedicated team is known for structuring highly creative and sophisticated risk-financing solutions for large fleets. Unique solutions include single large account rental or member-owned captives, large deductibles or other creative program structures tailored to fit the specific risk profile.
Learn more about the unique advantages of National Interstate’s large account customization and our other creative risk structures.
More Than Just a Policy
Exceptional financial strength. Data-driven technology. Proactive safety advice. Highly skilled claims experts. These are just a few ways we provide exceptional value beyond the policy, especially when you need us most.
INDUSTRY AFFILIATIONS
THE PLAIN DEALER TOP WORKPLACE 2024
National Interstate Insurance Company is proud to be named the #1 Top Workplace in the Large Company Category for 2024, by Cleveland.com and The Plain…
TIPS TO IMPROVE WORKERS' COMPENSATION OUTCOMES
You rely on your employees to perform challenging and often strenuous jobs. Your employees are the backbone of the industry and the key to its…
CONTACT US
Please reach out if you are interested in connecting with a Tow Truck Insurance team member to learn more!