Abstract: A safety chain for securing a towed vehicle to a towing vehicle and which has a safety basket for limiting downward movement of a tongue of the towed vehicle relative to a hitch of the towing vehicle to prevent the tongue from contacting the roadway. The chain is attached to at least one of the vehicles by a latch that has a shackle for engagement with a mount of the vehicle and a catch carried by the shackle that can be spring biased toward its latched position and which is movable to a position disposed from its latched position to unlatch the latch. Preferably, the catch can be retained in the latched position by a retainer that engages the catch and shackle. Preferably, to secure the latch to a vehicle to deter theft of the chain, the retainer can be a lock. To secure the safety chain to the tongue to prevent theft of the tongue and preferably the towed vehicle, a securing chain and a locking chain are wrapped around the tongue to prevent withdrawal of the tongue free of the chains.