Car Shipping Companies – Do You Need More than Basic Insurance?

When you hand over your keys and your car to a hotel valet, you essentially trust him to get your car parked safe and sound. Like the valet boy, you also extend the same trust to the shipper’s driver who will pick your car up and bring it to your specified destination. Here, you trust that your car will arrive at its destination in the same condition it was picked up.

However, that might not be the case.

One basic quality of reputable car shipping companies, apart from being licensed and enjoying a stellar reputation and providing competitive vehicle shipping rates, is their ability to offer more that the basic car transport insurance. After all, even bad things happen to good guys and no amount of assurances will be enough to get that peace of mind when getting your car shipped over long distances. Accidents happen when you least expect it, and this is true for a company that ships cars across country like or moving company.

Understanding the Basic Car Transport Insurance

Licensed car shipping companies are legally mandated to carry liability and cargo insurance. That means you can expect a reputable car shipper to cover any damage to your car incurred during the transit process, often involving road, air or sea accidents, depending on the chosen mode of transport. The terms and amount of coverage may vary between companies, so it is a good idea to get the details of your shipper’s insurance coverage that is included in their price quote for your specific requirement. You should be able to obtain a copy of their insurance documentation, and verify the information with the insurance company or with the Department of Transportation. Nothing is too meticulous when it comes to knowing the company who will be handling your car for miles and miles.

Is Basic Enough?

Don’t be surprised if the insurance coverage offered by many auto transport companies won’t be enough to get you the same car in case it gets totaled while in transit. They are known to comply only with the Kelly Blue Book value of any car. This is why you should check what types of damage under what conditions and what parts of the car the insurance covers. In most cases, no other situation is covered other than an accident on the road that wrecks or damages your car. Paint chips, cracked glass, fallen side skirts, bumpers, exhaust pipes, headers and spoilers resulting from road shocks or road debris hitting your car in an open flat bed trailer may not be sufficiently covered.

In short, basic insurance is often not enough to cover one of your prized possessions when in transit. It is obviously not enough when transporting a recently acquired vintage car costing millions from an auction, an exotic Lamborghini, or a luxury Bentley.

What is The Next Best Thing?

Get a second insurance with a more comprehensive coverage. Better yet, most car transportation services offer insurance upgrades at an additional charge. By all means, if you want to get some peace of mind over days during which your car will be in transit, upgrade the basic insurance in your contract. Check your current car insurance if it covers car transport. Some may cover it at certain distances, but generally, standard car insurances don’t. Even if it is not, notify your insurance company or broker that your car will be in transit, and they may be able to give you advice or an option to upgrade your insurance.

For more information on car shipping companies, and the whole industry try this web link from A-1 Auto Transport. These guys have the most comprehensive website when it comes to auto transport information. If you have any questions, they will most definitely be answered there.