There are many different types of trailers for personal and commercial use. You may have a small, inexpensive utility trailer for towing an ATV, motorcycle or snowmobile, or you may have a large expensive trailer for hauling horses to horse shows. How can you find the right trailer insurance for you needs as well as deals and discounts to make your coverage more affordable?
It is a good idea to talk with a knowledgeable agent to find out what kind of insurance you need for your particular trailer, and how to qualify for trailer insurance deals and discounts. Contact a local agent in the Trusted Choice® network. With more than 27,000 member agency locations nationwide, there is an agent right in your neighborhood ready to help you get the coverage you need to protect your trailer.
If you want coverage for damage or loss on your trailer, be sure to inquire about the right insurance for you, including coverage for both the trailer and its contents. It is important to consider the value of everything you may be hauling around, whether it is equipment, vehicles or show animals.
The good news is that your trailer coverage does not need to be expensive. For small trailers, coverage can often be added onto your existing auto policy in most cases. For larger trailers, you may need a separate policy, but getting coverage from the same insurance company you use for your other policies can often yield premium discounts.
Be sure to ask your agent about the following additional discounts:
It may be tempting to cut down on the coverage in your policy to get a better deal on your insurance premiums. And in some cases, this may be wise. Just make sure you don’t cut out important coverage, such as liability and property damage, that can help you pay for theft, storm damage and more importantly legal costs if you are responsible for an accident.
Depending on where you live, you may have to carry a minimum amount of liability insurance on your trailer. Ask your insurance agent about the requirements in your state.
Finally, it pays to shop around to find the best deal on your trailer insurance. An independent agent can do this research for you, as these agents are affiliated with multiple insurance companies.
A Trusted Choice member agent will do a multitude of comparisons to find the best deals on coverage based on your individual needs, and will provide you with an affordable, personalized plan. Contact a local agent in your area today.