Preferred Insurance

Trailer and Toy hauler insurance FAQ!

1.       Do I need to insure my trailer / toy hauler?

A:  If your trailer or toy hauler is financed, most finance companies will require that you carry comprehensive and collision coverage to help protect their interest.  Liability is not required in most states, as the primary coverage from your auto insurance will provide coverage for a towed trailer.  Most auto insurance policies will not provide coverage for theft or damage to your trailer.

2.       Are my toys covered by my trailer insurance?

A:  Unfortunately no, things such as dirt bikes, quads, UTV’s etc.  Need to be covered through separate policies.  The rule of thumb with insurance, is that if there is a policy tailored specifically to a vehicle / toy (motorcycle, car, etc.), it would not fall under the coverage of a separate policy.  An example is how homeowners insurance would not provide coverage for your automobile, even if it is parked in the garage.

3.       What about my personal Items in the trailer, are those covered?

A:  Personal effects is an optional coverage on most policies, which would provide coverage for items such as clothing, cameras and equipment used with cameras; portable radios and CD players.  Ask your agent if this coverage is available on your policy.

4.       I use my trailer for business, what type of coverage would I need?

A:  Coverage under a commercial auto policy is what you would need.  These policies are specifically tailored to the nature of the business being conducted, and they offer greater coverage limits, which are essential for a business.  Most personal trailer and RV policies exclude coverage for any business use. Tools and most business equipment would need to covered under a separate general liability business policy.

5.       Can I insure my toy hauler on my auto insurance policy?

A:  Some companies will offer coverage for your toy hauler or RV through your current auto policy.  Always check with your agent or insurance professional for details and availability.

6.       Does my homeowners insurance provide any coverage for my trailer?

A:  Some things that may be covered through your homeowner’s policy, are items of clothing, and personal items such as laptops, cameras, etc.  Check with your homeowner’s insurance policy for details.  Homeowner’s insurance does not cover the toy hauler or RV for any theft, damaged or accidents.

7.       Are there any discounts available for trailer / toy hauler insurance?

A:  Some companies offer discounts for being a part of an RV membership or association.  Multi policy discounts are available, if you have multiple policies through the same company.  Contact your agent for details.

8.       Are my optional accessories that are attached to the trailer covered?

A:  Permanently attached equipment such as AC units, lighting and stereos would be covered under the toy hauler policy.  Make sure you disclose the features to your agent when you start a policy.

as always if you have any addtional questions feel free to contact us!