The Importance of Auto Transport Insurance |
Posted: August 9, 2021 |
You’ve made a decision to move somewhere new and now it’s time to get your car there. Shipping a car is no small feat. It requires coordination between both customers and vehicle transport carriers. If you are planning to ship a car, it is important to understand what the insurance policy will cover. If you already have insurance for your car, good for you. But the insurance coverage may not include auto transport. To ensure that nothing goes wrong when you are shipping your car over long distances, you have to determine that the carrier has proper insurance coverage. Categories of Auto Insurance CoverageCustomer Insurance: this is the typical insurance required of all vehicle owners. Your vehicle should already be insured before you can book a car shipping carrier. This is a protective measure on your part and also required by carriers before they accept any vehicle for shipping. Your auto insurance company may have a provision for car shipping coverage; be sure to check with them ahead. Carrier Insurance: “The car shipping carrier or haulage company must have valid insurance coverage for damage to any vehicle during shipping, says Nicholas, founder of Car Shipping Carriers; one of the cheapest car shipping companies in the United States. “This is the most important insurance coverage for any vehicle that’s being shipped,” he says. Broker Insurance: Broker companies may connect carriers to customers but they do not handle the actual car shipping. Some auto transport broker companies provide additional coverage, usually to entice customers. When choosing a vehicle transport broker, you should assess all the options available for the most suitable one. Why is Auto Transport Insurance Important?Typically, the auto transport company is responsible for any damage that occurs during loading, in transit, and while unloading. If there is anything wrong with your vehicle before you hand it to the company, that’s your responsibility to bear. Therefore, expect the car shipping carrier to perform some inspection of your vehicle to ascertain damages (if any) before accepting the vehicle for loading. Likewise, you must inspect the vehicle for damages before signing the auto transport bill of lading (BOL). The BOL documents the condition of your car at pick up and also at delivery. Thus, it serves as proof that your car was delivered in the same condition it was received. If otherwise, you should refuse to sign the BOL and instead take up an issue with the auto transport company so that they pay for the damages. Remember, though, that different companies have different terms and conditions. So, be sure to review the relevant documents to ensure that you are satisfied with the specifics of terms and conditions. Insurance Tips for Auto Transport
ConclusionWhen it comes to car shipping, however, there are several things you should consider such as the car shipping insurance policy from the carrier. If you are considering shipping a car, consider these tips before you do. The last thing you want is to end up with a damaged vehicle and no insurance to help fix it!
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