What Insurance Do You Need to Buy for Shipping a New Car?
2 Answers
New cars can be insured during transportation, and shipping insurance is commonly chosen. For car shipping, only a separate transportation insurance agreement needs to be processed; no other documents are required. Full Coverage Insurance for Large Vehicles: For large vehicles, only the vehicle itself needs to be insured. The downside is that if an issue arises, since you are not the insured party, you can only wait for the large vehicle's claim to be settled before negotiating with the owner. Whether the claim is approved depends not only on the insurance company but also largely on the large vehicle owner. Private Cars: Each private car requires a separate specialized transportation insurance. The method provided by Yun Hao Che is to purchase insurance individually for each car, which is cost-effective and offers quick policy issuance. The advantage is that the insured party on the policy is the private car owner (the actual owner), making claims convenient and truly serving the purpose of insurance.
I just bought a new car that needs to be transported. After experiencing it a few times, I found that purchasing insurance is a must. Mainly, you need to buy transport insurance to cover physical damages like collisions or dropping issues. Shipping companies usually provide options, and choosing full coverage is the best—it’s not expensive but gives peace of mind. Additionally, check if the coverage includes weather-related disasters or theft situations. New cars have high value, and insurance can prevent potential losses. Personally, I also make it a habit to check if my own car insurance covers transport—if it does, there’s no need to buy it again. Remember to keep the insurance policy as proof in case anything happens. Throughout the process, don’t skimp on costs—safety comes first.
