I did a little nosing around with the provider, and it appears to me that this is a pretty good policy. According to my exchange of emails with the company, it includes coverage for a lot of risks, including damage while the car is in operation on a railroad, for theft, certain types of damage while in storage, damage while being transported, etc. It appears that it even covers the expense of re-railing if the car requires it. Of course, everything is subject to exclusions, and by all means, DYODD (do your own due diligence).
The person to talk to is Martha Babcock at United Shortilines Insurance, 989 738-6400,
marthbabcock@shortlineins.com.
Can any of the insurance gurus weigh in on this?