Car hauling is a lucrative business, but it also comes with risks. Accidents can happen on the road, and damage to the vehicles being transported can be costly. That’s why it’s important to have the right car hauler insurance coverage. In this article, we’ll explore the top car hauler insurance companies and what they offer.
What is Car Hauler Insurance?
Car hauler insurance is a type of commercial auto insurance that provides coverage for businesses that transport vehicles. This can include car carriers, tow trucks, and other types of vehicles that are used to transport cars.
Car hauler insurance typically covers liability, physical damage, and cargo coverage. Liability coverage protects businesses in case they are found to be at fault for an accident that causes damage to another person’s property or injures someone. Physical damage coverage protects against damage to the vehicles being transported. Cargo coverage protects against damage to the cars being transported in case of an accident or theft.
Top Car Hauler Insurance Companies
There are many car hauler insurance companies to choose from, but here are some of the top companies:
1. Progressive Commercial
Progressive Commercial is a well-known insurance provider that offers a range of coverage options for car haulers. They offer liability, physical damage, and cargo coverage, as well as other types of commercial auto insurance. They also offer discounts for businesses that have multiple vehicles insured with them.
2. Nationwide
Nationwide offers commercial auto insurance for car haulers that includes liability, physical damage, and cargo coverage. They also offer additional coverage options like roadside assistance and rental reimbursement. Businesses can get a quote online or through an agent.
3. Liberty Mutual
Liberty Mutual offers commercial auto insurance for car haulers that includes liability, physical damage, and cargo coverage. They also offer additional coverage options like towing and labor coverage and rental reimbursement. Businesses can get a quote online or through an agent.
4. State Farm
State Farm offers commercial auto insurance for car haulers that includes liability, physical damage, and cargo coverage. They also offer additional coverage options like medical payments coverage and uninsured/underinsured motorist coverage. Businesses can get a quote online or through an agent.
Choosing the Right Car Hauler Insurance
When choosing car hauler insurance, businesses should consider their specific needs and budget. It’s important to get enough coverage to protect against potential losses, but not to overspend on coverage that may not be necessary.
Businesses should also consider the reputation and financial stability of the insurance provider. It’s important to choose a company that has a good track record of paying claims and providing excellent customer service.
Conclusion
Car hauler insurance is a necessary expense for businesses that transport vehicles. By choosing the right coverage from a reputable insurance provider, businesses can protect their investment and avoid costly losses. Consider the options from the top car hauler insurance companies mentioned in this article to find the coverage that’s right for you.
