If you own a travel trailer, also known as a conventional trailer or camper trailer, you may need travel trailer insurance to protect your investment. These are expensive trailers that can run anywhere from $11,000 to $100,000 or more, depending on the model and whether you buy it new. Travel trailer insurance policies are fairly affordable and provide important protection against several possible causes of loss before you take off on your next trip.
Fortunately, a local independent insurance agent can help you find the right insurance for travel trailers. They'll shop and compare policies to find you the best deal available. But first, here's a breakdown of travel trailer insurance and why it's sometimes necessary.
Does Car Insurance Cover Travel Trailers?
Whether or not you can add a travel trailer to your car insurance policy varies from one insurance carrier to another. Many auto policies provide some limited coverage or may completely exclude a travel trailer.
Some insurance companies require that you add provisions to your existing auto coverage to include a travel trailer. By purchasing separate conventional trailer insurance, you can rest assured that you have protection against losses arising from lawsuits and other mishaps.
Additionally, this form of insurance can cover your contents and mechanical breakdowns. Even if your car insurance company can extend auto coverage to a conventional trailer, it's still a good idea to review the benefits of a separate travel trailer insurance policy.
Does Homeowners Insurance Cover Travel Trailers?
Your homeowners insurance policy doesn't cover your other vehicles, nor does it cover your travel trailer. However, you might find that your home insurance can cover the personal property you store in your travel trailer, such as clothing, equipment, supplies, etc. You'll likely want a separate travel trailer policy to cover theft, vandalism, and lawsuits related to the trailer itself.
What Does Conventional Travel Trailer Insurance Cover?
Travel trailer insurance policies can often be customized depending on your unique coverage needs. In general, full coverage travel trailer insurance often includes the following:
- Collision coverage: Pays for damage to your trailer from a collision with another object, regardless of fault.
- Comprehensive coverage: Pays for damage to your trailer due to non-collision events, such as flood or theft.
- Full-timer's liability coverage: Those who live in their trailers full-time may need special liability coverage in case of bodily injury or personal property damage suffered by others in their travel trailer or at their RV campsite.
- Total loss replacement coverage: This can cover the full replacement of your trailer with a brand-new vehicle of the same model year or newer if your vehicle gets totaled due to a covered loss.
- Towing and roadside assistance coverage: This can cover the cost of emergency roadside services, such as towing, if your camping or travel trailer breaks down and leaves you stranded on the road.
- Uninsured/underinsured motorist coverage: This can reimburse you for expenses related to collisions, etc., caused by drivers who don't carry adequate insurance.
You may also be able to add coverage to your travel trailer insurance policy for your personal possessions and other emergency expenses.
How Much Is Travel Trailer Insurance?
Travel trailer insurance costs can vary depending on numerous factors. Some of the most common factors that can influence trailer insurance rates are:
- The age and condition of the trailer
- The make and model of the trailer
- The trailer’s dimensions
- Your driving history
- Your claims history
- The type and amount of coverage you need
- The policy's deductible amount
Your premiums will often be lower if you use your trailer part-time vs. full-time. You may also qualify for much lower rates if you're eligible for any RV insurance discounts. An independent insurance agent can help you find cheap travel trailer insurance and compare conventional travel trailer insurance quotes from carriers near you.
Best Travel Trailer Insurance Companies
These top-rated RV insurance carriers can provide you with the right kind of insurance for a travel trailer. Check out these excellent RV insurance companies to find the best travel trailer insurance policy for you.
| Best RV Companies | Best For | Company Rating |
|---|---|---|
| Progressive | Affordability |
|
| Nationwide | Discounts |
|
| Roamly | Full-time RVers |
|
| Good Sam | Part-time RVers |
|
| Allstate | Motorhomes |
|
Here's How an Independent Insurance Agent Can Help You Get a Travel Trailer Insurance Quote
When you're ready to get equipped with the right RV insurance for your travel trailer, no one's better equipped to help than a local independent insurance agent. These agents have access to multiple insurance companies, so they're free to shop and compare travel trailer insurance quotes and policy options for you. And down the road, your agent can help you file RV insurance claims and update your policy when necessary.
FAQs About Travel Trailer Insurance
Does travel trailer insurance cover water damage?
Water damage can be covered under the comprehensive portion of a travel trailer policy if the damage was “sudden and/or unexpected.” Water damage caused by a leak due to rust or a failed seal is most likely excluded.
Is my parked travel trailer covered?
Your parked trailer may be covered if you purchased a stationary travel trailer program along with your standard travel trailer policy. This form of coverage can be especially vital if you leave your trailer parked in a campground or RV site while hiking or bicycling.
What if I use my travel trailer for my business?
You'll likely need additional coverage if you use your travel trailer to house or operate your business. An independent insurance agent can help you find the right kind of small business insurance to protect you.
Why should I work with an independent insurance agent to find travel trailer insurance?
Independent insurance agents have access to multiple travel trailer insurance companies. They can shop and compare policies and rates for you to find the best overall deal. And down the road, your agent can even help you file RV insurance claims or update your coverage as necessary.
Sources
https://www.progressive.com/rv-trailer/travel-trailer-insurance/
https://www.statefarm.com/insurance/motorhomes/travel-trailers
https://www.bishs.com/blog/travel-trailer-cost/
https://www.cnbc.com/select/best-rv-insurance/
