The mounting bolts are in tubes through the chassis, so thickness is not directly relevant. If you load the tow bar sufficiently to deform the chassis (usually by dragging it on a rock) you have exceeded the design load of the towbar.
With a towbar the last thing you want is a weak link that will fail, and a bolt that stretches is on the point of failure - deformation of the cross member is always preferable to a failure that could see the loss of a trailer.
Note that tow bars are not designed for snatch recoveries, although widely used for these!
John

