Car carriers are trucks used by auto shipping companies, car manufacturers and dealers. This kind of truck can bring great profits to its owner but buying it means investing a lot of money. And owning a car carrier truck requires carrying the right car carriers insurance policy. If your car hauler is damaged in an accident, paying for its repair and any other expenses can be really hurtful for your budget. By having an optimal truck insurance policy, you will protect your investment. Also, carrying proper truck insurance is required by DOT to legally operate a commercial truck. The more vehicles your car carrier hauls, the more you are required to have in insurance.
As a car carrier owner, you are required to have liability insurance. It pays for other people’s injuries and damage when you (or your driver) are at fault. It includes:
As a car carrier, you also have to carry enough cargo insurance. Some companies will not even work with you if you don’t have $250,000 of cargo insurance or often even more. Vehicles are valuable cargo and its theft or damage can result in thousands of dollars in losses.
Other important coverage is physical damage to protect your truck financially, especially if it is not paid off yet. In includes:
It is very important to carry a car carrier insurance policy that keeps you fully covered against anything that can happen. A single accident can bring huge financial losses to your business. Some can even make you lose your livelihood. That’s why you should take time to discuss your policy with an experienced agent.
Call SafeLine Insurance and get the right California car carriers insurance to protect your business. We have low down payments and offer discounts. Get your free quote today!