INSURANCE

In order, to facilitate the whole process of buying and selling second-hand / used equipment and machinery, Vendaxo has partnered with several service providers after scrutinizing them on various aspects. We promise to bring the best service providers at the most economical rates possible. Our goal is to digitize the whole experience of buying and selling used equipment and machines thereby reducing the hassles and costs associated with the process.

All the services that are presented are optional and the buyer or seller may opt out of it. Since we thoroughly scrutinize each of our service provider partner you may find that not all services are available for all locations and / or equipment category / sub-category. Our platform is smart in a way that it will only display the services on the listings page that are available for the listing category and sub-category as well as the location of the listing.

Insurance is often ignored when transacting a used asset but for a smooth transaction it should be a must on your checklist. If you see the term “Insurance” appear under the title “Services” on the right-hand side of the listing images, then you can follow the steps mentioned below to request quote of transit insurance, for example.

Steps to request insurance quote:

There are two ways to request insurance quote if it is available for the listing of interest:

1. By clicking the “Insurance” appearing under the title “Services” on the right-hand side of the images of the listing. In the pop-up that appears after clicking you can enter the following details:
   1. The location (Area, City, State) where the equipment will be delivered
   2. Logistics provider chosen whether from Vendaxo or of your own
   3. Packaging, loading and unloading details
   4. Any other details that you think are important
2. By emailing us at support@vendaxo.com with Subject Line containing “Listing ID: XXXXXX / Insurance” (replace XXXXXX with actual Listing ID) and content of the email containing following details:
   1. The location (Area, City, State) where the equipment will be delivered
   2. Logistics provider chosen whether from Vendaxo or of your own
   3. Packaging, loading and unloading details
   4. Any other details that you think are important

We have expert insurance advisors on board who will assist you in selecting the most comprehensive yet economical cover package for your asset.