Insurance may be purchased at an additional cost prior to loading and two types of coverage are offered:
Total Loss Insurance:
- Cost: 1.5% of vehicle’s value
- Deductible: $0
Total Loss Coverage means that the fair market value of your vehicle as of the day of the loss attributable to fire or explosion, vessel stranded/capsized, overturning or derailment is covered.
Damage Coverage Insurance:
- Cost: 5% of vehicle’s value
- Deductible: $500
Damage Coverage means that the fair market value to repair or replace parts of your vehicle as of the day of the damage is covered.
