Transportation Insurance
Professional Transportation Insurance in Palm Bay, FL
If your business is involved in the transportation of goods or people, your normal insurance policy may not provide the level of coverage you need. Advanced Insurance Net can help you assess your needs, risk level, and other factors to determine if you would benefit from signing up for transportation insurance in Palm Bay, FL. Transportation insurance is a broad category of insurance coverage that can protect you if you are involved in the transportation of goods or products from one state or country to another, or if you transport people from one place to another. Call us now to explore your options or to get a personalized quote for transportation insurance.
Types of Transportation Insurance Coverage
Our team of licensed insurance professionals can help your company explore your options for commercial transportation insurance. The most common types of transportation insurance coverage are:
- Medical Transport Insurance Coverage – This is also called emergency transportation insurance and covers the cost of moving a patient due to a medical condition, either during an emergency evacuation of a medical or healthcare facility, or during emergency vehicle transportation from home to hospital or from one hospital or medical facility to another.
- Motor Vehicle Transport Insurance – Motor vehicle or auto transport insurance.
- Cargo Insurance – This protects the freight or goods you are transporting.
- Inland Transportation Insurance – Protects goods that are transported within your own country via train or road.
- Marine Cargo Insurance – This protects your products when they are shipped via ship or plane.
- Workers’ Compensation Insurance – This protects workers who are injured or become ill on the job due to work-related conditions, negligence, or accidents. It covers medical care, wage replacement, and vocational rehabilitation.
- Warehouse Liability Insurance – This protects the goods in a warehouse from loss or damage.
- Commercial General Liability Insurance – This protects your company from financial responsibility if a vehicle damages property or injures someone.
- Physical Damage Coverage – This is also called collision coverage or comprehensive coverage, and pays for the repair or replacement of transportation vehicles that are damaged in an accident or collision or due to theft, fire, or weather.
- Non-trucking Liability Insurance – This is also called bobtail insurance and applies when a truck driver is operating a truck without a trailer attached or for non-business purposes.
Who Needs Transportation Insurance?
If you own or operate a transportation business or a business that operates within the transportation industry, you may benefit from transportation insurance. Some of the industries we work with most commonly are:
- Delivery service providers
- Importers and exporters
- Freight brokers or forwarders
- Manufacturers
- Warehouse owners
- Logistics companies
- Trucking companies
- Bus and limo drivers
- Taxi drivers
- Rideshare companies
- E-commerce and e-tail businesses
- Individuals who are relocating overseas or transporting personal property from state to state or from one country to another
Key Features and Benefits of Transportation Insurance
Transportation insurance coverage depends on your specific policy type, but you can customize it to meet your business’ needs. Some of the key features and benefits of this type of insurance include:
- Coverage from physical damage or total loss of goods during transit
- Protection against losses due to theft
- Coverage of damage due to accidental fires, explosions, or other covered events
- Protection against losses due to natural disasters like storms, floods, tornadoes, hurricanes, tsunamis, or earthquakes
- Coverage for accidental collisions or overturned vehicles
- Protection against claims of pollution
- Add-on coverage options for delivery delays, storage needs, and packing and unpacking services
- Compliance with contracts, agreements, and other legal regulations
- Protection of your reputation in the industry
- Enhanced financial security and peace of mind
The Cost of Transportation Insurance Policies
The cost of your policy depends on a wide range of factors. We can help you evaluate them and give you a personalized insurance quote:
- The type and value of the goods you transport
- The mode and distance of transportation
- The level of coverage you need
- The risk level of the items you are transporting or the route they will take
Contact Advanced Insurance Net for Transportation Insurance
Transportation insurance may be necessary in Florida, depending upon your line of business or industry. Our licensed insurance specialists at Advanced Insurance Net can guide you in determining if you need this type of insurance policy and what level of coverage and types of policies you should choose. Call us now or contact us online to set up a consultation for personalized insurance recommendations and a quote for transportation insurance in Palm Bay, FL.
FAQs About Business Insurance and Transportation Insurance
Cargo insurance protects goods against loss or damage during transit, no matter who was at fault. It can cover risks like weather, theft, or accidents. Liability insurance protects the transportation company and requires the shipper to prove negligence by the carrier. It is limited to financial compensation only.
Some types of transportation insurance are required by law in Florida. We can help you determine what type of insurance your company must have.
Yes, even if you own a small business with only one commercial vehicle, you can get transportation insurance.
Yes, under certain conditions, transportation insurance covers employee drivers.
The best way to determine a timeline for getting transportation insurance coverage is to call us to set up a personalized insurance consultation. Our licensed insurance specialists will assess your needs, give you a quote, help you choose the right insurer, and guide you through the application process.