Mytee Products focuses on providing truck tarps, cargo protection supplies, tires, and other equipment to professional truck drivers. In light of what we sell, we don’t talk much about the other needs our customers might have. We want to change that with this blog post. Why? Because we recently added a new inventory of auto hauling supplies.
Delving into the auto hauling market has exposed us to some interesting information about this little talked about industry. For example, the winch straps and ratchets we sell are essential tools for auto haulers and brokers. But good insurance is just as important.
The insurance that protects a car hauler is the only defense against liability claims. Like standard car insurance, business liability coverage for auto haulers and brokers offers various levels of protection and deductibles. The stronger the coverage, the less likely a hauler is to suffer a significant financial loss in the event of a liability claim.
Take Insurance Seriously
The best advice we can give car haulers and brokers is to take insurance seriously. When you shop with us for winch straps, ratchets, and other auto hauling supplies, you will undoubtedly take a good look at the quality of our products. You should do the same with your liability insurance.
How important is good insurance? Consider the following hypothetical scenario:
An auto carrier acting as a broker agrees to move a car from Miami to Houston. That carrier gives the actual contract to a local auto hauler that has been a trusted partner for years. The car is loaded and off it goes. The next day, the contractor calls to say there’s been an accident. It’s not a total loss, but the client’s car has been damaged pretty significantly. Who pays for that damage?
The contractor may insist he should not have to pay because he did everything he was supposed to do. He secured the tires with web straps; he anchored the car at four corners with axle straps; he made sure the load was centered and balanced. Making matters worse, his insurance company insists that the claim is the broker’s responsibility because the client entered a binding agreement with him, not the contractor.
In these kinds of scenarios, clients are left at the mercy of insurance companies who try to figure things out. As a car hauler or broker, you don’t want your customers to have to go through an arduous ordeal to settle a claim. It’s just bad for business. A good insurance policy from a reputable carrier will cover legitimate losses so that your customers do not suffer.
Protect Yourself and Your Business
At the end of the day, your liability insurance is every bit as important as your equipment. A good, sturdy trailer makes it possible for you to haul a client’s car safely without any worries about damage or wear and tear. A good supply of auto hauling straps and ratchets keep the car properly secured to your trailer for the entire journey. Everything is tied together with a solid insurance policy that protects you and your business in the unlikely event something goes wrong.
Our introduction into the car hauling industry has been very informative to date. We look forward to learning more about it as we seek to increase our inventory of auto hauling supplies. In the meantime, we invite you to browse the Mytee inventory for all of your cargo control and trucking needs. If we don’t have it, contact us anyway. We might still be able to get what you need for whatever your hauling.