Monday, April 28, 2014

Insuring Your Teardrop Trailer

I'm sorry for the lack of posts lately. I've been getting over a cold and have been catching up with work. Speaking of sick...keeping your teardrop trailer healthy also includes having it insured—just like your own body. I highly recommend getting insurance for your teardrop trailer either as a rider under your current vehicle insurance or on your homeowner's insurance.


When we purchased insurance, we were mostly concerned with a car accident, damage (or total loss) to the trailer and liability and destruction of someone's property, so we opted to insure it with our car insurance. The trailer is insured with Geico, our vehicle insurance, for its value of $5,000 and the insurance costs us an extra $150 a year.

I had to call up our insurance agent and describe the trailer in detail. This is where the humor comes in again. Just like my DMV registration visit, the agent had no idea what I was talking about and she could not imagine a camping trailer less than 8 feet long speeding down the highway or being insured by her company. Once I explained what it was, she got a better idea and did not have to send an agent out to inspect the trailer. She did say that the trailer was only covered if it is attached to the primary towing vehicle, so if we were to lend the teardrop out to someone, extra insurance by the renter or borrower would need to be purchased.

We don't have the teardrop insured with our homeowners insurance in case of theft. In fact, I was curious if there are any insurance experts out there know if the trailer is covered for theft from a parking lot or campground?

In addition, I have heard that if your teardrop trailer is homemade, you may have a more difficult time finding an insurance company who will cover the trailer. You may have to call around or check out this post in the TNTTT Forum.

Photo by Adventure Duo

10 comments:

  1. We upgraded our AAA Roadside Service to AAA Premier (Northern California) so that our teardrop is also covered.

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    1. Thanks Ron. Sometimes all it takes is just a phone call to your own company.

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  2. My 23 ft camper insurance was 235 a year with 10000 in theft, accident,or fire each and 15000 in personal effects and vaction cost due to accident.My homemade teardrop was classed as a toyhauler 5000 max value and is just120 a year.

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    1. Great tip! The smaller the trailer, the lower the cost.

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  3. As usual, your info is very valuable and well timed. We're picking up our trailer at the end of May. I've been blogging about it a bit, and although in Polish, you might enjoy the pictures:

    http://syracuse.blox.pl/html/1310721,262146,21.html?1774584

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    1. Thank you Aneta. I may have to do a feature on your beautiful build. Is there a way I can contact you?

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    2. This comment has been removed by a blog administrator.

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  4. Great info. Thanks for your fantastic site, also.

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  5. Noted. It's weird that the agent didn't know the type of vehicle that was just covered by insurance. That said, we must also think our vehicles through. It has it's own configuration and its own setup. What are the various scenarios where insurance might be needed? And are those covered?

    Steven Keltsch @ Allied Insurance Managers

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  6. Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. Site

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