What Does Trailer Insurance Cost?

Find affordable trailer insurance rates and coverage from an independent insurance agent.


Trailers can be confusing to insure, as they come in all shapes and sizes, and can cost anywhere from a few hundred dollars to over $100,000. If you have invested some capital into a trailer, you definitely want to get it insured against theft or damage. 

Your trailer insurance costs will depend on where you are going, and what you are taking with you.

One of the local independent insurance agents in our network can provide you with all the information you need about trailer insurance costs and get you trailer insurance quotes from several different reputable insurance companies. 

That way, your trailer investment will be protected on your next outing. Contact an independent insurance agent in your neighborhood today.

travel trailer

Save on Trailer Insurance

Our independent agents shop around to find you the best coverage.

How Much Do Trailers Cost?

As you start to consider how much premiums for trailer insurance cost, also take into account the following data on the retail prices of some common types of trailers:

  • Utility trailers: $200 to $8,000
  • Snowmobile trailers: $500 to $100,000
  • Boat and personal watercraft trailers: $700 to $5,000
  • Motorcycle trailers: $800 to $15,000
  • Horse trailers: $5,000 to $100,000
  • Toy haulers: $6,000 to $100,000

If your trailer were damaged, stolen or totaled, going out on the market to buy a new one could set you back financially. Investing in trailer insurance can protect you from losing big money trying to replace what you once had.

What Factors Affect Trailer Insurance Cost?

The cost of trailer insurance will be based on the value of the trailer you want to protect and how much coverage you want for it. With lower cost trailers, such as simple utility trailers, you can typically add coverage to your homeowners, renters or auto insurance, sometimes at no additional cost. 

With a more expensive trailer, you will want to get a separate policy to make sure it is covered with collision and comprehensive insurance. It may even make sense to get trailer liability insurance to cover your risks in the event that the trailer becomes unhitched, rolls away and causes damage or injury to others.

Additional factors that affect your trailer insurance premium costs include:

  • The length and width of the trailer
  • How you use the trailer
  • How often you will use it (year-round, seasonally or just weekends)
  • How much it’s on the road

Some trailers are used only on ranch property and never get out on the road. If this is your situation, you still might want to cover that trailer with comprehensive insurance in the event that it is severely damaged by a storm or some other unexpected event.

To get a better picture of the costs you can expect for your trailer insurance, assess the trailer type you will use, an actual or estimated value of your trailer, as well as how and when you will use it. 

Then connect with a local agent who will be able to provide several different trailer insurance quotes so you can compare trailer insurance costs from more than one insurance company.

Trailer Insurance Costs Have a Huge Range

There are an estimated 15 million “light” trailers on U.S. roads, according to the Federal Highway Administration. These are used for everything from hauling personal watercrafts to loads of debris. Trailers can be small and fairly lightweight, or they can be fifth-wheel RVs outfitted with both living space. 

A horse trailer can be a simple straight-load stock trailer or can have box stalls for shipping long distances. 

The only factors every trailer has in common is that they all attach to the back of a vehicle, and they are used to haul things, including livestock, boats, personal watercrafts, motorcycles, all-terrain vehicles or farming and ranching equipment.

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 a year to insure.

Considerations About the Cost of Trailer Insurance

As with all things, the low cost choice may not be the best choice, and it is important to review all of your options and make an informed decision. Here are some things to consider as you evaluate your options for trailer insurance:

  • If you add your trailer to your auto policy, it may only be covered as long as it is attached to the vehicle. Be sure to consider the risks of damage to your trailer while it is parked or stored.
  • One of the most common hazards for any kind of trailer is theft. Consider getting comprehensive coverage to protect your trailer.
  • Be sure to talk with a knowledgeable agent about whether your cargo is covered under your trailer insurance. For example, if you are hauling supplies to your cabin and an accident destroys your trailer and the contents, are the contents covered? You may be able to add this coverage for a nominal fee.
travel trailer

Save on Trailer Insurance

Our independent agents shop around to find you the best coverage.

How to Compare Trailer Insurance Costs

No matter what trailer you have and how you’re using it, coverage is typically very affordable. A local independent agent in our network can answer all of your questions about the amount of insurance you will need to protect your trailer investment, and will even help you compare quotes from several insurance companies.

Find an independent insurance agent today for help locating excellent low-cost trailer insurance.

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