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Home arrow Dictionary arrow Insured Car Transport Company
Insured Car Transport Company PDF Print E-mail

Whenever you hand your goods (including your car) to a second party, you should first check what coverage you are offered in case of damages.

Motor carriers are required by the FMCSA to hold both liability and cargo insurance. Auto transport brokers do not need cargo insurance, since they do not own any trucks and do not directly handle the transport. Nonetheless, a respectable auto transport broker will require proof of insurance from the carriers they hire.

What does all this mean to me?

It means that you are covered in the unlikely event that your car suffers any damages. In case you work directly with a carrier, it is still wise to inquire about the exact terms of the insurance (e.g., type of damages covered, the limit of their insurance, deductibles etc.) If necessary, find if you can purchase additional insurance. You can also verify the carrier insurance with their insurance company, or on the FMCSA site.

Don't forget to check with your own auto insurance agent to learn about their policies regarding car shipping.

Obtain all these information in writing. Never fall for verbal promises.

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