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11-11-2022, 09:44 PM
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#1
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Commercial Member
Join Date: Apr 2014
Location: Hillsboro, Oregon
Trailer: 2014 Escape 21 - "Felicity"
Posts: 2,945
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Trailer insurance info
For decades I've been paying for insurance on my trailers. Recently, an insurance rep said it's covered by my auto policy when attached to the tow, and covered by my homeowners when stored indoors. Only risky point would be when camped unhooked from the tow. Checked with Progressive and they agreed. Oregon doesn't require insurance for a non-motorized vehicle.
One could get liability only I suppose in the event the unhooked trailer takes off downhill somehow..........
Only benefit of insurance seems like trailer problems like leaky roof, floor rot, etc. Or am I wrong?
__________________
Charlie Y
Need custom storage to your design? Don't drill holes!
www.RVWidgetWorks.com
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11-11-2022, 10:50 PM
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#2
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Senior Member
Join Date: Mar 2016
Location: New Mexico, New Mexico
Trailer: 2017 E19
Posts: 613
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Quote:
Originally Posted by tractors1
For decades I've been paying for insurance on my trailers. Recently, an insurance rep said it's covered by my auto policy when attached to the tow, and covered by my homeowners when stored indoors. Only risky point would be when camped unhooked from the tow. Checked with Progressive and they agreed. Oregon doesn't require insurance for a non-motorized vehicle.
One could get liability only I suppose in the event the unhooked trailer takes off downhill somehow..........
Only benefit of insurance seems like trailer problems like leaky roof, floor rot, etc. Or am I wrong?
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We have Progressive insurance on our E19, primarily for theft and loss of value if damaged under tow. As I understand, our truck insurance covers liability if the trailer causes an accident, but not loss of value of the trailer. Likewise, I do not insure our utility trailer; low value (under theft or loss of value situation) and liability is covered by the truck.
Correct me (and save me money!) if I am wrong.
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11-12-2022, 12:04 AM
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#3
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Senior Member
Join Date: Feb 2020
Location: East of Austin, Texas
Trailer: 2021 Escape 5.0 / 2022 F150 SuperCab
Posts: 2,913
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FWIW my State Farm Texas auto policy covers trailer-related liability when towing the trailer but does not cover damage to the trailer at any time, whether that be damage caused by an uninsured motorist striking the trailer, damage caused when a tire fails and flogs the wheel-well, a tree limb falling on it towing or sitting in a campground, hail damage, vandalism, damage caused by my own negligence, etc.
Thus I choose to have "comprehensive" coverage on the trailer for those situations.
Liability exposure when not towing (e.g. someone trips and is injured stepping into my trailer, etc) is covered by my umbrella liability policy.
Every policy may differ (even from state-to-state by the same named surety) and everyone's financial exposure and risk-tolerance differs. IMO what matters is the specific terms in your policy (or the policies you are offered when shopping) and your own risk tolerance.
Remember, insurance agents have no fiduciary duty to act exclusively in your own best interest, they in fact have a substantial duty to act in the interest of the surety they represent. It's your duty to read and comprehend the complete terms of your policy yourself. Take particular care if you have potential overlaps between trailer and other policies issued by different sureties (resolving competing subrogation arguments when claims are made can be a real pain-in-the .....)
Just for your consideration.
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11-12-2022, 07:00 AM
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#4
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Senior Member
Join Date: Feb 2015
Location: Lanesboro, MN, between Whalan and Fountain, Minnesota
Trailer: 2016 Bigfoot 25RQ - (2018 Escape 5.0 sold)
Posts: 2,174
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Our car and home insurance covers our camper when we're driving or have it parked at our property at home. It does not cover our camper when unhooked at a campground, our rented seasonal site, or when stored in a storage lot.
Enjoy,
Perry
__________________
Those who know everything use pens. Intelligent people use pencils.
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11-12-2022, 07:32 PM
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#5
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Senior Member
Join Date: May 2017
Location: Piermont, New Hampshire
Trailer: 2019 17B; 2011 Tundra 5.7L Dbl cab
Posts: 193
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My AAA trailer insurance (added to my auto policies) covers damage to trailer whether attached or unattached to tow vehicle. Also covers towing of trailer AND tow vehicle, regardless of which is the “injured” party. Seems worth the extra bit of premium I pay. Just in case….
__________________
Mimi and the “boss-dogs”, Steed and Merlin 
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11-13-2022, 08:23 AM
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#6
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Senior Member
Join Date: Jun 2010
Location: Central, Pennsylvania
Trailer: Escape#5 2022 E19
Posts: 26,268
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It is interesting how insurance can vary, state by state.....
__________________
Jim
Sometime life gets in the way of living.......
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11-13-2022, 09:44 AM
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#7
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Senior Member
Join Date: Feb 2015
Location: Lanesboro, MN, between Whalan and Fountain, Minnesota
Trailer: 2016 Bigfoot 25RQ - (2018 Escape 5.0 sold)
Posts: 2,174
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Quote:
Originally Posted by mimie
My AAA trailer insurance (added to my auto policies) covers damage to trailer whether attached or unattached to tow vehicle. Also covers towing of trailer AND tow vehicle, regardless of which is the “injured” party. Seems worth the extra bit of premium I pay. Just in case….
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Since our American Family auto/home policy does not cover when unhooked away from our home, we also added their trailer insurance at a minimal cost.
Enjoy,
Perry
__________________
Those who know everything use pens. Intelligent people use pencils.
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