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If you want to save some cash, take your tow hook and dip it into a can of PlastiDip or similar coating. I've done several items like that and they come out great.
Raceseng makes the best ones I've seen. And I can confirm that they work well.
I did a writeup on their new parts for the F cars. I'll include a picture of my car after the tow truck winched it onto the flatbed using the new "Tug Ring". All we did was wrap the hook with a rag to keep from marring the powder coating. If he had a short strap even that could have been avoided. Although not cheap in price, I'm extremely happy with the quality of these parts.