If you are looking for Tow Truck Insurance in Houston Texas or the surrounding areas, the best agency to call is Pathway Insurance by dialing 800-998-0662.  Pathway is a leading Independent Insurance Agency in Texas offering same day quotes and coverage seven days per week!

Most insurance agencies keep banker’s hours, we work 7 days per week because you work 7 days per week.

If you find our website on Saturday or Sunday or after 5 PM CST Monday-Friday use our chat system to speak with a licensed agent.

You may also send us a request for quotes 24 hours per day by clicking the links below for your specific area:

• Tow Truck Insurance Houston Tx
• Baytown Tow Truck Insurance
• Tow Truck Insurance Pasadena
• Pearland Texas Tow Truck Insurance
• Tow Truck Insurance Missouri City Texas
• Sugar Land Tow Truck Insurance
• Tow Truck Insurance League City

Tow Truck Insurance Houston – Harmful Business Mistakes Can Shut You Down!

With many years of experience helping small business owners obtain the coverage necessary to keep a business up and running, we have run across a number of mistakes that Tow Companies, Service Garages, and Car Dealerships have made.

These mistakes have forced some small business owners to pay significantly more money for their commercial insurance or it placed them in a situation where they needed to sell their business because they could not find the necessary insurance to stay in business.

No matter if you are a new business or you are well established it’s easy to make a mistake that can cost you financially.

We would like to share one mistake we have noticed that newer Tow Companies have made that resulted in a closure of their business despite making a significant monetary investment.

Tow Truck Insurance Houston – Don’t Make This Business Mistake If You Buy Another Company

There are a few different ways to learn things in life — We can learn the hard way, or we can learn from the mistakes of others. Learning the hard way will always cost you money, learning from the mistakes of others and not following directly in their footsteps will help you in the long run financially.

Unfortunately, no one will give you a blueprint on steps to take to successfully run your business.

Let’s consider a fictitious claims scenario that is loosely based on a real situation, the names have been changed.

Claims Scenario: Miles Goldberg was an employee working at Jim’s Towing & Repair Shop and Jim hinted around a number of times that Miles should consider buying his company because he was interested in retiring and moving someplace cooler.

Jim’s Towing & Repair Shop mainly concentrates on 24-hour towing service and minor mechanical repairs that include oil and transmission fluid changes.  There are 8 employees including Jim, the soon to be retired owner.

Miles thought about it for a while and spoke with his wife, Emily to see what she thought.  She didn’t think it was such a great idea because she was worried about expenses. Emily thought that purchasing the business could be a huge mistake.

Instead of listening to his wife, Miles decided to buy the business anyway.  He used all of his savings and he borrowed all of the equity in his home despite his wife’s objections. Miles home was in his name only from a previous marriage. Emily was Miles’ fourth wife.

On March 17^th Jim and Miles met with the attorney to finalize the deal.  The next day Miles was the proud owner of Jim’s Towing & Repair Shop. 

Two weeks later, Miles opens up a letter from the insurance company covering Jim’s Towing & Repair Shop advising him of the cancellation of the commercial insurance policy.

Miles calls the agent and they tell him that because of the previous claims activity, their coverage would be ending next Thursday at 12:01 AM.

Miles was aware of a few of the claims because he caused 2 of them himself.  The agent told Miles there were 5 claims in the last 5 years and that they did not have a single company that would cover them because of the claims.

Miles asks the agent if he has any suggestions and the agent tells him he doesn’t know if the business is even insurable!

Oh, oh. Miles knows that if he doesn’t find insurance he will lose all of his contracts including the AAA contract, plus all of the money he paid Jim for the business.

Miles starts calling around and strikes out.  No one will insure his business.

Miles comes up with the idea to change the name of the business and apply for a new insurance policy under the new name, assuming that this will give Miles the fresh start he needs.

Will this technique work to help Miles obtain the coverage he needs?

We will find out in a future article.

Tow Truck Insurance Houston Tx – Low Rates, Same Day Coverage 7 days Per Week

When you need Tow Truck Insurance in Houston Texas or the surrounding areas, Pathway Insurance is the only agency you need to care for your business insurance needs for a number of reasons:

• We specialize in Tow Truck Insurance and have access to many top rated companies
• We are open 7 days per week
• We offer a re-shopping service for existing clients.
• We provide education videos to help you make better insurance purchasing decisions
• We work for you, our tow clients; Not insurance companies.   

Why not call us today to speak with our agents?  Please dial 800-998-0662 Monday-Friday 9 AM-5PM CST or talk to our licensed agents by using our Chat system built into our website.

Licensed agents are available seven days per week to provide quotes, issue policies, send certificates of insurance, make policy changes, accept payments, answer questions, and file claims.

If you are currently insured, is your agent available 7 days per week?  You can count on us to be around when you need us.

Additionally you may request quotes 24 hours per day by clicking the links below for your specific area:

• Tow Truck Insurance Houston Tx
• Baytown Tow Truck Insurance
• Tow Truck Insurance Pasadena
• Pearland Texas Tow Truck Insurance
• Tow Truck Insurance Missouri City Texas
• Sugar Land Tow Truck Insurance
• Tow Truck Insurance League City