Whether you use a small utility trailer to help your college-bound son or daughter move back home from Little Rock during the summer, or you have a livestock trailer used to transport cattle or other animals to the Sharp County Fair, Arkansas streets and highways are swarming with all sorts of trailers. Unfortunately, many residents don't realize that their vehicle's insurance policy doesn't extend to their trailer until it's too late and the damage is already done.
Use our independent agent matching system to find the best insurance plan in your area. You tell us what you’re looking for, and our technology will recommend the best agents for you. Any information you provide will be sent to only the agents you pick. We do not sell to third parties.
Before you search for trailer insurance quotes, however, there are several things to keep in mind.
Trailers Pose an Increased Risk for Accidents
Big or small, trailers can increase the risk of accident in the following ways:
- Trailer sway: In high winds, or even following a fast-moving vehicle that speeds by, trailers can sway back and forth and even cross lanes, significantly increasing the risk of accident.
- Malfunctioning light systems: Even if checked before hitting the road, wiring for electrical systems can become loose en-route, disabling turn signals and brake lights. Without a functioning light system, other motorists may not be aware of your intended movements, and the risk of accident increases.
- Becoming unhitched: A large bump in the road or an unexpected swerve can enable a trailer to become unhitched from your vehicle, going out-of-control down the street.
- Improperly-stored cargo: Even when using straps and other security devices, it is possible for the items in your trailer to be jarred from their place and go bouncing down the highway. Flying debris and items from trailers pose a significant risk for accidents.
What is Trailer Insurance?
Trailer insurance covers any model and size of trailer that you might use to haul and transport supplies, goods, vehicles, equipment, or animals behind your vehicle. There are many different types of trailers, varying widely in value from several hundred dollars to over $100,000. Trailer insurance covers:
- horse trailers,
- motorcycle trailers,
- ATV trailers,
- boat trailers,
- flatbed trailers
- gooseneck trailers
- utility trailers, and
- many other varieties.
Am I Required to Carry Trailer Insurance?
If you use your trailer to transport hazardous materials or goods as part of a business operation, Arkansas state law may require you to carry trailer insurance on it.
Though not required for other uses, trailer insurance is one of those forms of protection that you can never appreciate until you need it following an accident.
You may find that your vehicle's insurance policy can extend to a small utility trailer that you do not use with any frequency, but the coverage in these cases are often limited. It may be a good idea to obtain a separate trailer insurance policy for full protection.
What Does Trailer Insurance Cover in AR?
Trailer insurance operates much like car insurance, and most Arkansas providers will give you the following options to choose from when you build your trailer policy:
- Liability coverage: Can help pay for damages or injuries that your trailer causes another person.
- Collision coverage: Can help pay for repairs to your trailer should it be damaged in an accident.
- Comprehensive coverage: Can help pay for repairs to or replacement of your trailer, should it be damaged or totaled in a fire, severe weather event, or by theft or vandalism.
What Will My Trailer Insurance Quote Look Like?
Due to the fact that trailers come in various sizes and of different values, it is difficult to determine an average trailer quote. Most Arkansas insurance companies take the following into consideration when they calculate your quote:
- Your location: Areas of Arkansas with high traffic accidents will receive higher quotes than low-traffic crash areas.
- Your trailer: The larger and more expensive your trailer, the higher the quotes you will receive.
- How you use it: If you use your trailer to transport livestock, your quotes may be higher than someone who uses an ATV trailer to haul their dirt bike.
- How often you use it: If your trailer is in use on a daily basis, your quotes will be higher than someone who only uses their trailer once in a while.
While you might be able to add a small utility trailer to your auto insurance for no additional cost, a $90,000 toy hauler might cost you $500 per year to insure.
Where Can I Find Trailer Insurance in AR?
You don't want to run the risk of finding out that your trailer isn't covered by your vehicle's insurance policy. Knowledgeable, independent insurance agents in the Trusted Choice network are always available to answer your questions, suggest coverage options best suited for you trailer, and even assist you in filing a claim. These agents have years of experience working with Arkansas insurance companies, enabling them to find you a number of quotes with only the best coverage options and the most affordable rates. Contact a Trusted Choice member agent near you to find out how you can obtain the perfect trailer insurance policy that meets your needs and budget.