Do I need to remove my bumper cover to install this?

No. This bar installs behind the bumper cover at the frame attachment points. Your existing cover stays in place throughout the install.

Will this interfere with a trailer hitch or parking sensors?

That depends on your hitch setup and sensor placement. Test-fit the bar before final fastening to confirm clearance with any aftermarket components you're running.

What tools do I need to bolt this on?

Basic hand tools—socket set and wrenches. The factory mounting points are accessible from underneath, so you'll want jack stands or a lift for comfortable access.