NICB is committed to advancing the values of diversity, equity, and inclusion - READ MORE!

National Insurance Crime Bureau

Truckers and Insurers Form Partnership to Fight Tow Truck Scams

Claims Journal, By Jim Sams, Apr. 6, 2021

Insurers are teaming up with truckers to persuade state lawmakers to pass laws that they hope will cut down on fraud by tow truck operators.

The Coalition Against Insurance Fraud announced Monday that it has formed a partnership with the American Trucking Association and the American Property Casualty Insurance Association to focus policymakers’ attention on the problems.

Coalition Executive Director Matthew Smith said commercial trucking companies are frequently victimized by unscrupulous tow truck operators who charge outrageous fees. Smith said drivers are sometimes billed $20,000 or even $40,000 for a tow and are unable to get their vehicles off the tow operator’s lot unless they pay it.

Read more.