Auto Shipping Terms
A surety bond or trust fund in the amount of $75,000 is required by the FMCSA in order to maintain an active broker’s authority. The bond or trust fund is in place to offer some recourse in the event that a broker does not pay a carrier for transportation fees due.
Executive Auto Shippers is a broker licensed by the U.S. Department of Transportation (US DOT) and the Federal Motor Carrier Safety Administration (FMCSA). A broker acts like a travel agent or travel booking website. Brokers facilitate a shipment by sub-contracting a qualified carrier that is able to meet the specific needs of the customer.
A cargo insurance policy is a liability policy intended to cover possible losses for cargo being shipped. This type of policy is attached to the specific power unit (truck) that is carrying the cargo, owned, and maintained by the carrier that owns that equipment.
Certificate of Insurance (COI)
A standard insurance document that is issued by an insurance agent. This document provides details about insurance coverages such as policy number, liability limitations, and expiration dates.
For the purposes of shipping, we classify any vehicle manufactured prior to 1980 as a classic car. For most classic cars our auto shipping experts will strongly suggest enclosed auto shipping.
This is an acronym for Cash On Delivery. This type of payment indicates that the payment is due upon delivery of your vehicle shipment. It also means that the acceptable forms of payment are Cash, Certified Check, or Money order.
This is an acronym for Cash On Pick Up. This type of payment indicates that the payment will be made when your vehicle is picked up. It also means that the acceptable forms of payment are Cash, Certified Check, or Money order.
The dispatcher is typically responsible for planning out each specific load and acts as the liaison between the driver and customer service. This process entails combining separate shipments that all meet certain criteria into one load.
Door To Door
Door to door is a common term used in the auto shipping industry and can be very misleading if not fully explained. It does not mean that the vehicle will literally be shipped from your door at the origin address to your door at the destination address. It actually indicates that there is no terminal involved at either origin or destination.
Enlcosed Auto Transport
A car carrier that is enclosed on the sides and top, sheltering the vehicles and offering an additional layer of protection. Enclosed auto carriers can be either Hard Side or Soft Side carriers.
Type of Forklift You Will Need
If you are shipping an INOP and your vehicle is not capable of rolling and steering correctly, you may need a forklift to load and unload your vehicle. For the purposes of auto shipping, a forklift is actually a large end loader. To load/unload it must be capable of lifting an entire vehicle 12′ into the air with forks that are at least 10′ long.
Garage Keepers Liability Policy
This type of policy will only be used in the event that your auto shipment includes storage at one of our local auto shipping affiliates. While your vehicle is loaded on a carrier it will be covered by either the carrier’s Cargo or On Hook insurance policy. If your vehicle is being stored at a local affiliates yard it will not be loaded on a carrier, so those policies will not be in effect. This is where the Garage Keepers policy comes in. While your vehicle is being stored at the local auto shipping affiliate it will be covered by that affiliate’s Garage Keeps insurance policy.
Hardside Enlcosed Auto Transport
An enclosed car carrier with hard sides, typically made of aluminum or fiberglass. These types of enclosed car carriers are virtually airtight and offer the highest level of protection.
INOP is short for inoperable. For the purposes of auto shipping, a vehicle may be considered inoperable if it is unable to start and drive a great distance without issue. Non-functioning brakes, steering, or parking brakes may also cause a vehicle to be considered inoperable.
On Hook Liability Insurance
An On Hook insurance policy acts in the same way as a Cargo insurance policy. It is another form of a liability policy intended to cover possible losses for cargo being shipped. Just like a Cargo insurance policy, it is attached to the specific power unit (truck) that is carrying the cargo, owned, and maintained by the carrier that owns that equipment. Typically an On Hook insurance policy is used for carriers that do not cross state lines, rather than long-distance interstate carriers. Your vehicle shipment may be covered by this type of policy if your shipment includes pick up or delivery by a local auto shipping affiliate.
Pick Up Window
Pick up windows are used when setting a schedule to have your vehicle shipped. This is a range of days that your vehicle will be available for pick up. The specific range of days is estimated, not guaranteed and based on similar previous shipments.
Acronym for Privately Owned Vehicle.
Rollback Car Carriers
A small car carrier that typically only hauls one vehicle at a time. This type of equipment is normally used for very short routes or shipments within a city.
Soft Side Enclosed Car Carrier
An enclosed car carrier with soft sides that open and close for the loading/unloading process. The sides are typically made of an industrial strength canvas. These types of enclosed car carriers offer more protection than an open transport by completely enclosing the vehicles. Since the sides do open and close this type of a car transport is not always airtight.
A terminal is a local business with a secured storage facility that may be used as part of an auto shipping solution to assist with pick up, drop off, or add additional services. Terminals are typically in the automotive industry, such as towing companies or automotive repair facilities.
Types of Wheel Straps
Wheel straps are a method of securing vehicles on to the carrier. They are typically a soft strap that goes either over and around the tire or through the openings in the wheel.