TransitPlus Automotive™: Total Protection for New Vehicles in Transit and Custody
The automotive industry depends on precision-driven processes: transportation, storage, handling, inspections, and final delivery. Any damage during these stages can represent significant financial losses.
TransitPlus Automotive™ was specifically designed for automotive operations that require control, security, and specialized protection.
What Is TransitPlus Automotive™?
TransitPlus Automotive™ is a specialized insurance solution for automotive logistics that protects new vehicles during:
• Transfers between yards
• Internal handling operations
• Movements within manufacturing plants
• Cross-border operations
• Loading and towing operations
• PDI (Pre-Delivery Inspection) activities
Main Coverages
• Damage caused by handling or maneuvering
• Damage during loading, unloading, or yard movements
• Transfers between yards and plants
• Partial theft (windows, auto parts, components)
• Vehicle falls
• Total or partial loss during transit
• Damage arising from specialized handling
Additional Coverages
• Losses during towing and loading
• Damage related to car carriers (vehicle transporters)
• Damage caused by tools or equipment
• Third-party liability during handling operations
Most Common Risks in Automotive Logistics
• Body damage during handling
• Vehicles falling from car carriers
• Partial theft of auto parts
• Damage caused by improper use of tools
• Failures during inspections or PDI movements
• Risks during towing and loading operations
Who Needs TransitPlus Automotive™?
• Automotive manufacturers (OEMs)
• Distributors and dealers
• Automotive logistics operators
• Vehicle storage yards
• Specialized transport companies
• PDI centers
How Much Does TransitPlus Automotive™ Cost?
Pricing is based on:
- Vehicle values
• Type of transfer or handling operation
• Monthly volume of movements
• Number of yards or plants involved
General reference:
- From 0.25% – 0.75% annually of the insured value (depending on risk level).
Key Benefits of TransitPlus Automotive™
• Specialized coverage for real automotive industry risks
• Protection during transit, yard storage, handling, and PDI
• Scalable programs by volume or vehicle type
• Minimizes losses from operational damage or errors
• 24/7 operational support
Explore our Specialized Logistics Insurance solutions.
AURA Recommendation
TransitPlus Automotive™ is ideal for companies seeking a robust program that protects every critical point of the automotive logistics cycle.
