Risks Faced by Tow Truck Companies
If you run a towing service, you are no doubt familiar with thieves and the dangers of nighttime rescues. The absence of street lighting can lead to hazardous conditions for both you and your vehicle.
Add the possibility of confrontation with thieves to the fact that you are carrying several thousand dollars worth of equipment, and your towing operation is in line for a healthy dose of danger and risk.
To learn more about the things you can do to lower the risk of tow truck companies being hijacked or having equipment stolen, read on.
Tow Truck Theft
Tow trucks, parts, and tools are particularly attractive targets for thieves due to their large value, functioning parts, and ease of resale. Preventative measures such as alarms and immobilizers can be taken to reduce the chances of theft and increase the chance of recovering stolen items.
Effective security practices such as CCTV, GPS tracking, and locked, secure lots can be utilized to check, locate, and protect tow trucks.
Property Damage Liability
Property damage liability is a major concern for tow truck companies and one of the potential risks they face on a daily basis. Damage can be caused by the tow truck itself or by improper vehicle towing techniques.
In either case, the tow truck company can be held liable for any damage done with the full risk of financial loss.
Drivers and Workers Compensation Risks
As frequent drivers, they are particularly vulnerable to accidents. In the event of an accident, drivers need to be able to give workers’ compensation to any injured parties. Other tow truck risks include theft and vandalism, as drivers are often transporting valuable items in the back of their tow truck.
Driving in bad weather conditions can be a risk for drivers, as the roads can become slippery.
Accidents Involving Customers’ Vehicles
Tow truck companies face unique risks related to accidents involving customer vehicles. Loading and unloading customer vehicles onto the tow truck presents an operational hazard and the risk of injury or property damage.
When the vehicle is loaded, there is a danger of the truck overturning due to the weight of the car. There is also the risk of human error, such as when the car is loaded incorrectly, which can cause serious damage to the vehicle.
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Job-Related Stress and Burnout
Tow truck companies face many risks related to job-related stress and burnout. Heavy road traffic and difficult weather conditions can take their toll on drivers, leading to fatigue and errors in judgment. In addition, drivers face long hours and may take calls late at night or in the early morning, making it difficult to support a healthy work/life balance.
There is also a significant risk of being sideswiped by other drivers or getting caught in traffic-congested areas. Tow truck drivers are expected to meet tight deadlines, making it difficult to rest or take breaks. As a result, the job can be physically and emotionally demanding, leading to stress, exhaustion, and burnout.
Learn More About Tow Truck Companies Today
Tow truck companies can not always predict when certain dangerous risks may arise, but they can take extra precautions and preparations to ensure better safety.
Companies should invest in professional training and implement safety protocols to reduce risks. It’s also important to have the proper types of insurance protects them from costly losses.
To begin bolstering safety, tow truck companies can contact a trusted insurance provider today.
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