It is very important to have the proper insurance cover for your car shipment especially if it is a valuable or an exotic car. Usually, one of the first questions that is asked is: Do premium car services provide additional insurance? It is extremely important to understand the insurance part when you are transporting a car so that you can be at ease, especially when it comes to the security of your luxury or rare car.
This article is going to be a complete walkthrough of what an extra insurance means, how it is handled by the premium car services, and how to be sure that your car is well protected during the transport.
Step 1: Learning the Basics of Car Shipping Insurance
Understanding the basic structure of car shipping insurance is the first step before getting into the details of luxury car services and extra insurance.
Car shipping insurance is usually included in the price of the basic service by the transport company. This insurance is usually limited and can vary depending on the company in charge of the transport. The limited coverage amount may be enough for a normal car but may not provide adequate security for luxury, vintage, or exotic cars. Here is a sketch of the basic insurance the most common companies offer:
Liability: It is the insurance which pays for the damage that may be done to another property because of the shipping vehicle.
Basic Damage Protection: The car can be repaired due to some damage, but the pay will be up to a certain limit. However, if the damage is of a certain type, the car may not be included in the compensation.
Nevertheless, the standard coverage offered sometimes falls short of the mark in providing adequate protection, especially for expensive cars. Thus, the point at which additional insurance steps in.
Step 2: What Is Extra Insurance for Car Shipping?
Extra insurance or cargo insurance that is also referred to as full coverage is a higher level of security that some transport companies offer as a separate package besides the basic shipping service. The idea is to extend the coverage beyond the one that comes with the shipping service.
Among other things, the extra insurance may cover the following:
Accidental injuries during the car loading and unloading operations
Theft or vandalism of the vehicle in transit
Fire, storms, or other totally unexpected events that may happen during the vehicle transportation
Additional costs like the payment of repair services in the case of the damage that goes beyond the allowable limit in the basic coverage
Shipping for luxury, exotic, and vintage cars is the most fearful aspect of taking a risk, and the financial loss caused by the damage may be very high. That’s why it is better to take the extra insurance, so your investment is kept safe.
Step 3: Is Extra Insurance Automatically Part of a Premium Car Service?
It is not a given that extra insurance is part of the package whenever you choose a premium car service. However, a lot of them provide it as a separate product with an additional charge. The safety aspect that is usually the case with premium services is better handling of the package, shorter waiting times, and more stable transport, nevertheless, one should really ask about the insurance coverage to be sure.
Here is an overview of the possible benefits of using premium car shipping services:
High-Value Coverage: Most of the time, luxury shipping services are tailored to expensive cars, and just as a result, they often come with the option for you to provide an extra insurance coverage. It is very important to inquire about the details like coverage limits, and what kinds of damages the coverage includes.
Higher Deductibles: Despite that premium services may grant extra insurance, the insurance sets there might have higher deductibles compared to basic car shipping services. Don’t forget to prospect various choice combinations and making sure that the cover you have suits your needs.
Personalized Services: In the event that you are transporting a high-end or uncommon vehicle, the premium auto services may be considerably more adaptable to meet your insurance requirements. You might be given the opportunity to pick the value of the insurance that reflects the value of your vehicle.
Specialized Handling: In most cases, premium services, for example, enclosed transport or other physically secured and non-visible means of shipping, reduce the chances of damages during the delivery process. These services are generally available with additional insurance to facilitate your total safety.
Step 4: How to Make Sure You Have Extra Insurance
If you doubt that your luxury car service package contains enough insurance, then here’s what you can do to ensure that you have a complete coverage:
- Inquire About Different Coverage Options
As you make your luxury call, do not forget to ask about the insurance specifically. Do not take it for granted that the basic coverage is enough for your classy ride. Ask about the limits, what’s covered, and if you could pay an extra fee for more insurance.
- Insure the Transaction is Documented
Any additional insurance that you buy must be clearly indicated in your agreement. Knowing the details of your coverage including the deductible, coverage limits, and what damage can be covered and not is very important.
- Think About Additional Coverage
What if the premium service is just a small extra insurance with limited coverage or does not even reach the required level of coverage you need? In that case, it might be a good idea to get supplemental insurance from a third-party provider. As a result, you can be doubly secure since many companies offer special car shipping insurance that covers you from another angle.
- Investigate the Standing of the Carrier
One of the marks of a trustworthy premium car service is the presence of a well-explained and transparent insurance policy. You can assess the situation by checking out what customers have to say, seeking the company’s recommendations, and looking for any certifications that confirm the reliability of the company as well as its coverage standards.
Step 5: What to Do If Damage Occurs During Transit
Extra insurance with the highest coverage is always a good thing, but the problem is that it cannot prevent accidents from happening. If your car has been damaged while on the way, you should be the one to take command of the following actions:
Document the Damage: Capture close, clear pictures of the damage right at the time when you discover it. This will be the ‘proof of claim’ for an insurance settlement.
Contact the Transport Company: Do not delay in informing the shipping company about the damage. They have to assist you to the claims process and give you a copy of the report.
File an Insurance Claim: Collaborate with your insurance provider (the shipping company insurance or third-party) and get them to assist you in completing the paperwork for the damage.
Navigate the Claims Process: Keep communication with the insurer until a replacement for the damage to your car is achieved.
Step 6: How Shipping-Your-Car.com Can Help with Premium Insurance
It is the desire of Shipping-Your-Car.com to make the customer fully understand the importance of the protection of the vehicle in transit. On that account, in addition to the standard insurance, we also provide our clients with extra insurance coverage that is designed specifically to meet their needs. Here are some ways we can assist you:
Car owners are given the option of supplementing ground transportation insurance coverage offered by Shipping-Your-Car.com to cover their vehicles from any damages regardless of the value of the vehicle.
We do not only promise the safest onboard facility for your exotic, vintage, or luxury car but also provide the best protection in our closed conveyance services.
We do not hold back anything from our clients when it comes to the different types of insurance we offer.
Conclusion
If you are transporting your car, it is highly recommended that you get additional insurance, particularly in the case of an exotic, luxury, or vintage car. Even though high-end car services typically offer great attention, it is always good to check if there is an extra insurance and what it covers. With the appropriate insurance, you will be able to relax and know that your car is safe during the delivery.
We at Shipping-Your-Car.com provide the insurance of your choice in addition to safe transport services to ensure that your valuable car is handled in the best possible way. Get in touch with us to take a look at your options and get a quote for your vehicle’s safe journey.
