The Magnolia State has many great places to tow your recreational vehicles. There are quite a few opportunities to get outside and have fun with your trailer, such as taking the boat out on Lake Moultrie, taking ATVs on trails in Woods Bay State Park, or doing some camping and ocean fishing off the shores of Charleston. Whether you use your trailer for work or for play, you can protect your investment with a South Carolina trailer insurance policy.
Your auto insurance, boat insurance, or business insurance may provide partial coverage for your trailer, but if you use your trailer often, or haul expensive equipment, you may need the extra liability and comprehensive coverage of a trailer insurance policy. A local independent agent in the Trusted Choice® network can help you find the right trailer policy for you, and show you several South Carolina trailer insurance quotes that fit your budget. Contact a member agent today to find trailer insurance tailored to your needs.
Trailer Accident Statistics
- Utility trailers were involved in more than 20,000 accidents in the U.S. in 2007.
- Utility trailer accidents in 2011 killed nearly 350 people.
- On average, trailer accidents injured more than 20,000 people each year, over the last 25 years, amounting to half a million people in total.
What Is South Carolina Trailer Insurance?
While trailers are not motorized vehicles, they have many of the same coverage options as the cars and trucks that haul them. The main forms of SC trailer coverage include:
- Liability: This pays medical bills, lost wages, property damage, and court fees, if you are sued over an accident involving your trailer. It also pays your legal defense. Liability coverage is limited to the amount you set in your policy, so it is important to choose a limit high enough to cover the cost of a major accident and a lengthy lawsuit. Your auto or boat policy may include some liability protection for your trailer, but it may not be sufficient to cover the increased risk of driving with a trailer in tow.
- Comprehensive and collision: This pays for repair or replacement of your trailer. Comprehensive covers damage from fire, storm, flood, theft, vandalism, and other disasters. Collision covers accidents on the road. You can insure your trailer for the actual cash value at an inexpensive rate, or you can choose to insure it for total replacement value, and get back on the road quickly with the trailer you need.
- Contents coverage: If you tow valuable livestock, farming equipment, merchandise, boats, or other cargo in your trailer, contents coverage can protect you from the expense of replacing damaged items after an accident, storm, or crime.
- Roadside assistance: This provides the quick help you need on a long trip, if your trailer breaks down, loses battery power or blows a tire.
- Full-timer insurance: If you travel and live in your RV trailer most of the year, you probably need this coverage. This acts much like a homeowners policy, and provides extra liability coverage for accidents in your trailer, as well as contents coverage for the items you keep in the trailer.
- Stationary travel trailer coverage: This covers a travel trailer that is parked in one place all year. It provides comprehensive, contents, and liability protection for your trailer home.
South Carolina trailer insurance protects you from financial loss in the event of an accident or damage due to weather or crime. This coverage protects from most events that may cost you money to fix or replace your trailer or its contents. If you are at fault in an accident and your trailer causes damage or injury to others, your trailer insurance can protect you from the expense of legal costs and medical bills.
A local agent can help you decide which kinds of trailer insurance you need. These agents work with multiple insurance companies, to find the right quotes and coverage options for you.
Which Trailers Are Covered?
You can purchase South Carolina trailer insurance for any trailer you tow behind your car or truck. The list includes:
- Toy haulers
- ATV or motorcycle trailers
- Personal watercraft (PWC) trailers
- Horse trailers
- Farm trailers
- Utility trailers
- Small cargo trailers
- Commercial trailers
- Flatbed trailers
- Boat trailers
- Camping trailers
A member agent can answer any questions you may have about your trailer insurance options. Your agent can also look over your auto and business insurance policies, to show you how much coverage your trailer has right now, and how much you may need to add.
Are Trailers Covered by Auto Insurance?
The auto insurance policy on the vehicle that is towing the trailer sometimes provides partial coverage for liability and collision, but the trailer coverage is only extended while the trailer is attached. Not every insurance company includes trailer coverage automatically; some will add it as a rider. An independent agent can help you find out what coverage is available to you.
If your trailer is parked or stored, your auto insurance usually does not apply to the trailer, although a homeowners policy might provide some protection. Likewise, the trailer you use for work might be covered in part by your business policy. A South Carolina trailer insurance policy is the best way to ensure you have enough coverage for your trailer and its contents. A member agent can work with you to find the coverage you need and get several South Carolina trailer insurance quotes to consider.
Does South Carolina Require Trailer Insurance?
The short answer is no. However, if your trailer spends a lot of time hitched to the back of a vehicle, you face a higher risk of accident. It is important to consider how much you paid for the trailer, and the value of the items the trailer is hauling. Do you have the financial means to repair or replace those items? Do you have the financial stability to withstand a lawsuit after an accident? A trailer insurance policy is the safest way to be sure you are financially safe while you tow.
What Is the Cost of South Carolina Trailer Insurance?
Trailer insurance premiums are usually very affordable, but your trailer policy cost is dependent on a number of factors, which include the value of the trailer, its size and purpose, as well as its age. A local independent agent in the Trusted Choice network can provide accurate South Carolina trailer insurance quotes based on your specific trailer and coverage needs.
Your agent can shop a number of companies and provide you with side-by-side comparisons, so you can make the most informed choice to protect your trailer and your financial assets. Contact an agent today, to start comparing South Carolina trailer insurance quotes tailored to your budget.