Is my trailer covered under my car insurance policy?

It’s that time of year where we get out and enjoy the outdoors. Whether your thing is camping, heading to the cottage, or just hitting the open road to where ever it takes you – often times a trailer may be a part of that plan. When it comes to insurance, there are some things you should know in order to make sure you’re protected, like trailer insurance.

If your trailer is hitched or not makes a difference.

When trailers are covered on a policy

The liability portion of your car insurance policy will extend to your trailer if, and while it’s being towed. It’s important to ensure that your trailer is hitched appropriately. This means it’s deemed road worthy, and all indicator lights, and break lights are fully functional.

It’s a good idea to speak with your insurance broker if you’d like to better understand your particular coverage limits.

Does my trailer need its own policy?

When a trailer is parked on your property, depending on the value of your trailer and its contents, it may be covered under your home insurance as property (or contents) – but you need to check your policy and/or speak with your insurance broker to confirm coverage limits.

Neither your car or home insurance policies will necessarily cover physical damage to the trailer or its contents; it’s only the liability coverage that extends which only covers the damages or injuries that your trailer causes to others or their property.

For high-value trailers, most insurance companies recommend purchasing a separate RV & trailer insurance policy to make sure you have maximum protection on your investment. Your insurance broker can help with this as well.

It’s that time of year where we get out and enjoy the outdoors. Whether your thing is camping, heading to the cottage, or just hitting the open road to where ever it takes you – often times a trailer may be a part of that plan. When it comes to insurance, there are some things you should know in order to make sure you’re protected, like trailer insurance.

If your trailer is hitched or not makes a difference.

When trailers are covered on a policy

The liability portion of your car insurance policy will extend to your trailer if, and while it’s being towed. It’s important to ensure that your trailer is hitched appropriately.

This means it’s deemed road worthy, and all indicator lights, and break lights are fully functional.

It’s a good idea to speak with your insurance broker if you’d like to better understand your particular coverage limits.

Does my trailer need its own policy?

When a trailer is parked on your property, depending on the value of your trailer and its contents, it may be covered under your home insurance as property (or contents) – but you need to check your policy and/or speak with your insurance broker to confirm coverage limits.

Neither your car or home insurance policies will necessarily cover physical damage to the trailer or its contents; it’s only the liability coverage that extends which only covers the damages or injuries that your trailer causes to others or their property.

For high-value trailers, most insurance companies recommend purchasing a separate RV & trailer insurance policy to make sure you have maximum protection on your investment. Your insurance broker can help with this as well.

Seriously, what else can you do in 3 minutes?

Boil half an egg?

You might like these posts, too.

The 10 best places to buy a car in Toronto

The 10 best places to buy a car in Toronto

Should you buy a car in Toronto? You can go back and forth on this decision in a city with so much transit. The freedom of your own vehicle is appealing, but is it practical for city life? If you like to go on weekend trips, visit family and friends back home, or...

read more
The school zone speed limit, insurance, and you

The school zone speed limit, insurance, and you

It's 8:25am, you're running late for work, and you still have to drop the kids off at school. They jump out of the car and you peel out of the parking lot—not noticing the cop just down the street waiting to enforce the school zone speed limit. Oops. Red and blue...

read more
The Best Cars for Students in Ontario

The Best Cars for Students in Ontario

The parent’s guide to the best cars for students in Ontario Your child is all grown up and going off to university! You’ve watched the savings build up slowly, and now they’re off to buy their first set of wheels. They’ll probably ask you for your opinion on the best...

read more

How are we doing?

How are we doing?