The following sponsored content is provided by State Farm Insurance Agent Terence Roberts.
It’s important to consider adding trailer insurance, as the cost of your trailer and the contents it carries may not be covered by the tow vehicle’s auto insurance policy.
A commercial or farm utility trailer can be a key tool for some businesses and farms because it offers versatility in transportation. They are used for various jobs such as:
- Transporting tools, materials and equipment to and from job sites
- Delivery and transport of goods for sale to individuals or businesses
- Transportation of livestock or agricultural supplies and equipment
Because what you’re hauling in your trailer can be valuable, it’s important to make sure it’s properly insured. Often, trailer coverage is overlooked because trailers are attached to a towing vehicle, but insurance for that vehicle may not automatically extend auto liability coverage to what is being towed.
It’s essential to check your coverage before the unexpected happens. Unfortunately, many trailer owners find they need a trailer insurance policy only after a claim.
state farm® offers insurance policies to help protect trailers, including personal and recreational trailers such as horse trailers, travel trailers and camping trailers. Be sure to contact an agent to discuss the right coverage for your needs.
Cover your trailer
When considering insuring your trailer, remember that your trailer may not have adequate coverage simply because the vehicle towing it meets your insurance needs.
A key point to keep in mind when gathering trailer insurance information is that, in most cases, coverage for physical damage to the trailer is optional. However, liability insurance may be required to ensure that any damage would be covered if caused by the uncoupled trailer.
A State Farm Agent can review these points with you, find the right cover for your trailer and provide you with a quote.
When you speak to your agent, here is some information that will help them ensure they give you the most accurate quote:
- What type of trailer is it?
- What is the gross weight of the trailer?
- Gross weight = the weight of the trailer plus the maximum weight the trailer is designed to carry
- What is the Manufacturer’s Suggested Retail Price (MSRP) of the trailer?
- What is the main use of the trailer?
- Does the trailer have any equipment attached?
- If yes, describe the equipment and provide the MSRP of the equipment.
- What type of vehicle mainly pulls the trailer?
Trailer covers available
The information in this article was obtained from various sources not associated with State Farm® (including State Farm Mutual Automobile Insurance Company and its subsidiaries and affiliates). Although we believe it to be reliable and accurate, we do not guarantee the accuracy or reliability of the information. State Farm is not responsible for and does not endorse or approve, either implicitly or explicitly, the content of any third-party sites that may be hyperlinked from this page. The information is not intended to replace any manuals, instructions or information furnished by any manufacturer or the advice of a qualified professional, or to affect coverage under any applicable insurance policy. These suggestions are not a complete list of all loss control measures. State Farm does not guarantee the results of the use of this information.
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