LightSpeedBid tow partners are licensed, insured, and trained to avoid property damage, but if damage occurs, LightSpeedBid has a clear process to protect the seller and ensure accountability. Sellers often search for tow truck damaged my driveway, can I get compensated for towing damage, or what if tow driver hits my fence, and LightSpeedBid provides complete transparency.
Here is the process if damage occurs:
- Document the incident immediately
Take photos or videos of:
- The vehicle
- The tow truck
- The damaged area
- The tow driver’s truck number or plate
- Any visible marks or tire tracks
- Notify LightSpeedBid right away
The platform will initiate a damage review and contact the towing partner. - The tow company’s insurance becomes responsible
All LightSpeedBid towing partners are required to carry:
- Liability insurance
- Property damage coverage
- Commercial auto insurance
If the tow driver damages your property, their insurance is liable.
- LightSpeedBid oversees the resolution
LightSpeedBid ensures the towing partner:
- Accepts responsibility
- Files the appropriate claim
- Cooperates with your documentation
- Responds quickly
LightSpeedBid will remove towing partners from its network if they deny responsibility or fail to resolve legitimate claims.
- You do not lose your offer
Payment and title transfer remain valid, and LightSpeedBid will not delay your transaction due to a damage claim. You will still be paid in full. - Damage settlements are handled professionally
Depending on the severity, compensation may include:
- Fence repair
- Minor landscaping restoration
- Driveway patching
- Replacement of damaged items
LightSpeedBid’s priority is seller protection, and towing partners must adhere to strict safety standards.