If My Car Is Worth A Million Dollars Will It Be Covered When I Ship It?

This is a technical question because even though almost every kind of car is transported using an auto shipping service, they don’t always get equal insurance coverage for their value. Read this guide to know which shipping method will offer the highest coverage for your million dollar car.

There Won’t Be a High Coverage With the Open Carrier:

If you opt for the default car transport service, then sadly, No, your car will not be covered if it’s worth a million dollars. This is because the open carrier has a smaller cargo insurance coverage that’s just enough to cover regular vehicles, typically under 100k value.

So your expensive million-dollar car is not going to be covered fully, you may get 10% of its total value in coverage amount if the car gets destroyed, but that’s about it. However, don’t fret; there’s something even better for your vehicle with the insurance protection it deserves.

Enclosed Container – It Easily Covers Millions of Dollars’ Worth of Car:

Yes, the enclosed container is the right kind of transport method for your high-value car. It has higher overall insurance coverage that consists of a couple of million dollars depending on the transport company you work with. The enclosed container is specifically used to transport high-end vehicles with expensive costs or rare models. These can be:

● Supercars

● Sports cars

● Luxury vehicles

● Collectable Cars

● Classic Cars

● Concept models

Since the open carrier is well open from all sides, it does not offer the type of protection a high-value car requires. And that’s the reason it doesn’t have the insurance coverage for a million-dollar car.

However, the enclosed carrier will transport your vehicle in a fully secured container that’s covered from all sides, and your vehicle is secured on a ramp inside with locks, so it doesn’t move with shocks and bumps.

Besides, An Expensive Car Should Only Be Transported in Enclosed Containers:

The enclosed containers have special hydraulic ramps that lift your vehicle up, and then it is driven inside. So there’s no fear of the car’s chassis or bumper hitting the ramp when driving through it.

Furthermore, the vehicle is protected from all external elements like rain, dirt, dusty storms, and so on, so when the car is delivered, it is exactly in the condition you handed over. Moreover, the handling crew of enclosed containers is better trained to handle expensive vehicles because they know a small mistake can lead to thousands of dollars in loss.

Also, there are lesser cars inside an enclosed container than an open carrier; this means your vehicle receive better attention and is not moved around much when other cars need to be loaded or unloaded.

Having a small number of vehicles also saves time as there are lesser vehicles to drop off at their locations and the trailer also moves faster because of lesser load. Lastly, the insurance coverage amount is also higher because of fewer cars. For example, if the total coverage is $4 million, and there are only four cars inside, then each gets $1 million in case every car is completely destroyed.

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