Rollback wreckers

So I am looking into buying a rollback wrecker that is getting decommissioned from a tow company.

My questions are:
Is the insurance going to be a lot more than a big truck?

Are the hydraulics really costly and difficult to maintain?

The truck is a late 90s ford and it is in really decent condition considering its been commercially used all it's life. Has a ton of miles but the pre negotiated price reflects all that and it's really not that expensive for what it is.

Anyone have experience with something like this.

I'm assuming I will have to put writing "not for hire" on it somewhere because I will be using it for personal use only.

Right now it still has the company name and light tumblers and the works. So some effort is going to be needed to disconnect it from the borg and bring it to a loving home.