If you want to have peace of mind and deal with a crisis, we suggest that you have a horse trailer insurance. To make sure you have the right coverage, we suggest that you do your research and choose the right provider. Given below are some important questions that you may want to ask your agent when choosing the best horse trailer insurance. Read on to know more about horse trailer insurance.
1. Comprehensive coverage
This is a common misconception that most horse trailer owners may have. The thing is that the insurance covers only the liability, and it won’t provide coverage in case of theft or damage. Apart from this, there will be no coverage if the property of someone else gets damaged. In the same way, no claim can be made if a loss happens due to the will of god.
For your trailer protection, you may want to ask the insurance agent regarding collision and comprehensive coverage. The majority of insurance providers just include an endorsement in your current policy in order to extend the collision and comprehensive coverage. Please note: this will be a minor annual expense.
2. Trailer contents coverage
Your responsibility is to protect your trailer as well as the content inside it. You may want to talk to your insurance agent to find out if the contents of the trailer are also insured as damage to the contents may also cause a good deal of loss.
Also, you may want to keep in mind that the trailer content includes the gear and equipment, not the horse. If you want to insure your house as well, we suggest that you get in touch with a local insurance provider.
3. Break down
In life, we learn a lot of things the hard way. This may happen to you as well. For instance, some insurance providers may tow your vehicle right away if you have a breakdown; however, they will not provide roadside service.
Having a horse trailer on a highway side is stressful, especially if you have no way to get it transported to a safe area. Therefore, we suggest that you ask your insurance provider if your horse and trailer gets coverage for breakdown services. If they don’t provide this service, you may consider another insurance provider.
4. Coverage of the vehicle when parked
It’s true that most trailer problems happen on the road, but they may also happen anywhere. Therefore, you may want to find out if your insurance agent provides coverage in case of fire, storm damage, theft and fire, especially if you have parked your trailer somewhere.