Whether it's for ATV riding, boating, horseback riding or car repair, many people in Connecticut own trailers. Trailers can be worth their weight in gold. They allow people to get their precious belongings to a destination. And you should have trailer insurance if you want to protect your trailer and its contents. Many auto insurance policies do not cover a trailer, and some auto insurance policies cover just the trailer, not what's on it. So before you decide to hit the road, have a local insurance professional gather insurance quotes for you and answer questions about legal requirements, coverage types, discounts, etc. for your trailer.
If you can tow it, there's an insurance policy cover it. These are some of the trailer types you can protect with an insurance policy:
Unfortunately, many CT drivers believe that their auto or homeowners policy covers their trailer and the load it carries. However, this may not be true. It's important to contact your insurance agent to see what is covered.
There are many coverage options when it comes to trailer insurance for CT residents. Since trailers attach to vehicles, their coverage types resemble typical auto policy coverage types:
Several factors contribute to getting reasonable trailer insurance policy quotes and, ultimately, to the cost of your policy, including the following:
Trailer insurance costs may range from $100 to several hundred dollars a year, depending on the above factors. It's important to talk to an insurance agent to get insurance quotes, information and a clear idea of what you should expect to pay.
There are many insurance discounts available for trailer policies. Different companies have different deals they offer to their customers. They may include any of the following:
All of these discounts may add up to big savings on your trailer insurance rates, so be sure to talk to your agent about the savings you qualify for.
If you are using your trailer for personal use, CT law does not require trailer insurance. If you are using the trailer commercially or took out a loan to purchase it, you may be required to have coverage. In the case of a commercial trailer, liability insurance will likely be the coverage you need to carry; a trailer purchased through a loan may need comprehensive/collision coverage. This all depends on your usage and the lender, so make sure you check with an insurance agent before you purchase coverage you don't need.
One very important thing to remember is that trailers can be dangerous for their owners and other drivers. Trailers can detach and fishtail, which could cause an accident or an injury. Having a trailer insurance policy in place will help you ensure that, no matter what happens, your insurance will cover costs and damages, and you won't pay huge out-of-pocket costs.
No matter what type of trailer you own, it's important to have insurance coverage backing you up on the road. Whether you'd like to ask questions regarding policies, review a current policy, or discuss coverage options, a Trusted Choice® is always available to help you.
Contact a local Trusted Choice agent for more information.