Are you planning a big move and need to get your car transported?
Studies show that over 32 million Americans moved in 2018. With new job opportunities and ever-changing lifestyles, Americans will never stop being on the move.
Moving your entire life across the country can be a daunting enough experience. You may even need to hire a car hauler to get your car where you need to go. However, how do you know if your car will be safe during the move?
Continue reading to find out different types of insurance for your car hauler.
Table of Contents
1. Auto Liability Insurance
An auto liability insurance is one of the best coverages for your vehicle. All states demand car owners include auto liability insurance in their insurance. The liability protection applies to physical injury and property damage.
Property damage liability insurance covers damages incurred on properties involved in the accident. You will need to pay for the repair or replacement cost if found responsible for the damages. You may also need to pay for lost wages and medical expenses.
The liability insurance doesn’t include loading and unloading of the vehicle. Load coverage pays for the losses the cars or their parts got from an accident.
2. Extra Coverage
If you need extra covers, there are additional insurance options you can look into. These include cargo, bobtail, and trailer insurance are ideal, too.
Cargo insurance refers to coverage for the reparation or replacement of damaged shipments. It protects the shipped goods from the risk of theft or any damages.
The bobtail coverage applies if you don’t use the trailer for transporting vehicles. Bobtail coverage acts as liability insurance in the span you use the trailer as personal transportation. Trailer insurance covers any type of trailer for shipping goods or other vehicles.
3. Physical Damage Insurance
Physical damage insurance refers to coverage protecting your vehicle from losses. It includes the collision and comprehensive coverage.
Collision coverage pays for the damages your car hauler truck got from a collision. It handles the reparation and replacement cost to restore the vehicle.
The comprehensive coverage covers damages from non-collision accidents.
Some examples are theft, natural disasters, and more.
4. Protect Yourself
Car carrier insurance includes underinsured motorist coverage as well. The underinsured motorist coverage pays for your expenses when in an accident. It’s applicable when the other party can’t pay for all the damages incurred.
5. Saves You From Trouble
Car hauler insurance saves you from dealing with problems from accidents. The insurance company would manage most of the negotiation to solve the issue.
As mentioned, car insurance can cover reparation and replacement costs for damaged vehicles. It helps you handle the medical fees and other expenses of the other party. It allows you to save money, too.
With this, get a quote for car hauler insurance and apply.
Insurance for a Car Hauler
Now you know the different types of insurance for a car hauler. From liability insurance to extra coverage insurance, these are sure to protect you and your vehicle during transport.
If you’re hauling a vehicle across the country, don’t stop here! Check out our other blog posts to learn more about car hauling.