Vermont is a beautiful state, with everything from countryside to urban areas. Within the state you can find some of the most beautiful landscapes around, along with a vibrant arts culture.
With so much to do in Vermont, it's no surprise that many Vermont residents own trailers. From horse trailers and cattle trailers to utility and motorcycle trailers, this state embraces an active outdoor lifestyle. It's critical to make sure that your trailer and it's contents are covered with adequate trailer insurance while you're traveling around Vermont.
Trailer Accidents: More Common Than You Think
- Since 1988, 665 people have been injured in trailer-related accidents in Vermont.
- Property damages from 1988 to today in trailer-related accidents cost $2.2 million.
- Since 1975, there have been 22 fatalities in trailer-related accidents.
Unfortunately, towing a trailer is difficult. Even a small trailer can loose control easily, become unhooked, or jacknife. Livestock trailers can be even more dangerous, as the animals typically move in the trailer, and the load is quite heavy.
It's important to know the laws in Virginia regarding trailers:
- All trailers must have safety chains.
- All trailers must be registered with the state.
- Every trailer that weighs more than 3,000 lbs. but less than 6,000 lbs. needs to have break-away brakes on the wheels of at least 1 axle.
- Every trailer that weighs 6,000 lbs. or more must have brakes on all wheels. They must also have break-away brakes.
- Every trailer, regardless of weight, must have at least two tail lamps on the rear, unless the vehicle is only equipped with one.
What Types of Trailers are Covered?
There are many types of trailers in Vermont, and each one can be covered by a trailer insurance policy. Trailers that are covered may include:
- Camping Trailer
- Utility Trailer
- Livestock Trailer
- Boat/Watercraft Trailer
- Motorcycle Trailer
- ATV Trailer
- Enclosed Trailer
- Open Trailer
- Farm Trailer
- Utility Trailer
- Commercial Trailer
- Auto Trailer
- Custom Trailer
If you have taken out a loan to purchase your trailer, you may be required by the loan company to obtain insurance on the trailer. Also, all commercial trailers, or trailers used for business purposes, are required by law to have insurance.
What Does Trailer Insurance Cover in Vermont?
There are many types of trailer insurance, and each one serves a very important purpose when keeping you and your cargo protected. When you start looking for trailer insurance quotes, familiarize yourself with the most common types of trailer insurance policies:
- Liability coverage: Accidents happen. And when you damage someone's vehicle or property with your trailer, this insurance can cover property damage and bodily injury up to a limit. It can also cover legal expenses if you're sued.
- Comprehensive coverage: Trailers can get expensive quickly. Whether it's an RV, boat trailer, or horse trailer, many people spend big bucks on fancy trailers with all the trimmings. Events do happen though, such as falling objects, severe weather, fire, theft or vandalism. If your trailer is less than 3 years old, you may be able to purchase total loss replacement coverage which will provide you with funds to fully replace the trailer. If it is older than 3 years, you will get compensated for your trailer's actual depreciated value.
- Contents coverage: This may be the second most important insurance policy you can get for your trailer. This covers all the contents in the trailer, including livestock. Horses and cattle are expensive, and accidents can prove costly for livestock owners. Additionally, if you tow expensive boats, motorcycles, or antiques, this coverage can ensure you that the full value of your cargo is covered.
- Roadside assistance coverage: If you find yourself on the side of the road due to a flat tire, or other malfunction on the trailer, this insurance can get you back on the road.
- Branch collision coverage: Everyone cringes when pulling a trailer into a tree-lined spot. With this coverage, if your trailer is damaged by a low hanging branch, you'll be covered.
What Do I Need to Know to Get a Quote?
A trailer insurance quote takes into account a variety of factors. When shopping for trailer insurance quotes, be prepared to answer the following questions:
- Value of trailer
- Make/model/length of trailer
- What you will be towing
- If you've taken a towing safety course
- Value of cargo
- Where trailer will be stored
- Your driving record
- How far you plan on driving the trailer
- Preferred coverage types
- Preferred deductible
Each of these factors will be included when determining your quote. There may be discounts available, such as multi-policy discounts, claim-free discounts, or military/industry affiliation discount. Always ask your agent to list the discounts available.
How Do I Obtain Trailer Insurance In Vermont?
Whether you are looking into covering an RV, horse trailer, or farm trailer, a Trusted Choice® agent can help you determine the best policy for you and your cargo.
Contact an agent today to get started.