Many residents of California own and use trailers on a regular basis. Whether you own a utility trailer for your lawn care service company, a boat trailer for your boat or a horse trailer to transport your prize-winning stallion to the Diamond Jubilee Benefit Horse Show, you can protect your finances by having a suitable trailer insurance policy. Although sometimes this extra insurance coverage is not mandatory, you may want to review a variety of trailer insurance quotes in California and consider purchasing a policy.
If you own a trailer, you have increased liability risks any time you go on the road with it in tow. There are a number of ways that you might cause an injury or property damage with your trailer. The most common occur when drivers misjudge a turn or clip another vehicle while changing lanes. Less common but more damaging are runaway trailer incidents that can occur if the trailer happens to detach from your vehicle while you are driving. In any of these cases, you may find yourself facing expensive liability lawsuits.
Chances are good that you already have some coverage through your auto insurance policy, but that coverage may be limited. If you carry trailer insurance as part of another policy such as boat insurance or ATV insurance your coverage will be more complete. If you do not carry a policy that includes trailer insurance and you want coverage, you will need to purchase a trailer insurance policy.
You can cover any type of trailer with trailer insurance, although some such as livestock trailers will need specialized coverage. Trailers for which you can buy trailer insurance include the following:
Whether you use your trailer for commercial purposes or personal use, there is a trailer insurance policy for you.
Whether you have trailer insurance as part of your auto, boat, business or other insurance policy or as a standalone policy, you can expect it to have the following coverage options:
When it comes to trailer insurance, your auto insurance policy may already provide you with sufficient coverage, although it may be necessary to add a trailer endorsement. You can usually do this for a nominal fee of $5 to $10 a month.
Trailers used for commercial purposes and more expensive trailers such as campers and livestock carriers will require you to purchase specialized trailer insurance if you want to have full coverage for them. The cost of specialized trailer insurance will vary based on several factors, such as the following:
To find out how much a trailer insurance policy will cost you, you will need to obtain quotes from trailer insurance companies in California. It is a good idea to request quotes from at least three different insurance providers in order to be certain that you are getting your policy at a reasonable rate.
If you are considering trailer insurance for the first time, you probably have a lot of questions. Whether you are wondering about the coverage you already have, the coverage you still need to get or the policy options that may be right for you, an independent insurance agent in the Trusted Choice® network can provide you with answers. These agents can work with a number of highly rated insurance companies to obtain a variety of suitable, competitively priced policies for your review.
Trusted Choice agents have offices throughout the state, so it should be easy to find one near you. Contact a local agent to get more information and to start comparing trailer insurance quotes in California.