The auto transport industry has different insurance policies and terms that must be clarified. Auto carriers must have a certain amount of free basic insurance, brokers can offer supplemental coverage for an additional cost, and your auto insurance may also cover transport-related damage. Regardless of the type of insurance policy you choose, it is essential to understand what each does fully and doesn’t cover.
Coverage Limits
While it is rare for your vehicle to be damaged during transport, if it happens, you want to be sure you have all of the necessary information to pursue a claim. American Auto Transport should have its insurance policy readily available for you to review, including the details of what it covers from pickup to delivery and who to contact for claims. You should also check with your auto insurer to see their policies regarding damage that may occur during transport. This will show whether the carrier’s coverage is sufficient or if a supplemental policy must be added for more protection.
Deductibles
While some auto transport companies will tell you they offer insurance, it is essential to ask what type. The deductible will determine how much the policy covers for damage that may occur during your vehicle’s transport.
Brokers aren’t required to offer insurance, but some go out of their way to give customers additional coverage options. Ensure that the supplemental coverage you get is clearly defined and any other benefits are outlined in writing. This will ensure you’re not surprised by unexpected circumstances during your vehicle transport. It will also help you avoid any unwelcome surprises with your bill. Knowing what situations must be covered by your car shipping company’s insurance is also helpful. This includes things like “acts of god” or weather events. This will help you decide if the insurance offered by your company is right for you.
Supplemental Coverage
It’s also important to understand that auto transport insurance policies are not all created equal. You’ll want to ask for proof of insurance from any company you plan on using. This will usually come in the form of a certificate and provide you with essential details like coverage limits, deductibles, start and end dates of your transportation period, and more. You’ll also want to ensure that any considerations or special agreements with a company are written down. This will ensure clarity provide clarity and help you avoid any misunderstandings down the road. Supplemental coverage can refer to various extra perks, depending on the company and its insurance policy. For example, a broker can offer a different range for damage during loading and unloading or when your vehicle is in transit. This isn’t required by law, but it’s an excellent way for a car transport company to stand out.
Pre-Transport Inspection
When you book a car shipment with an auto transport company, the car hauler will thoroughly inspect your vehicle and note any existing damage. Gain a comprehensive understanding of auto transport insurance and what you need to know to protect your vehicle during transit, including the importance of choosing the best auto transport company that offers reliable and comprehensive insurance coverage.
They should also take pictures of your car before shipping to help paint a complete picture of its condition when it arrives at its destination. This pre-transport inspection is essential because it protects the car hauling company from claims of damages that didn’t occur during transport. Car transport companies with a history of false claims can find it harder to get new business in the future, ultimately affecting their bottom line. A reputable car transport company will be more than happy to supply you with proof of their insurance policy and should be open to any questions you may have about it.
