What is Travel Trailer Insurance?
Posted on: April 10, 2015 by Aegis Security Insurance
When it comes to hitting the open road or touring the local scenery, travel trailers are a common affordable alternative to motor homes. There are countless advantages to the travel trailer, but due to their usage and function these half dwelling, half vehicle properties can be difficult to insure. Neither a homeowners nor an auto policy will provide proper or adequate coverage for these unique assets, which often leaves their owners vulnerable to losses and liability concerns. Most auto policies do not include comprehensive coverage for personal belongings, while homeowners policies typically place strict limits on off-premises coverage. Luckily, a well crafted Travel Trailer Insurance program can help minimize the owner’s vulnerability to financial losses that can arise on or off the road.
What is a Travel Trailer?
Unlike a motorhome or motorized RV, travel trailers and towable camper are non-motorized portable units designed to provide their owners with a portable dwelling for recreational and camping use. As a result, these structures frequently do not require special highway permits when towed. Because these structures are intended to serve as a portable dwelling, they often contain costly appliances, furnishings, other amenities and properties. Their temporary nature and portability make insuring these properties challenging.
What are the risk exposures?
There are a number of common risk exposures travel trailer owners frequently face, including collision damage, collision liability insurance, medical and injury liability, as well as property coverage for fire, theft or vandalism. Essentially, travel trailers are as vulnerable to property damage, theft and vandalism as any other property, and there is also the added exposure to liability concerns should the trailer cause damage or harm to the property of others. As such, they need extensive coverage designed specifically to meet these needs.
What are the basic coverage options?
- Comprehensive coverage for travel trailer parts, equipment and accessories. This offers protection against damage done by falling objects, fire, theft, explosion, earthquake, windstorm, hail, flood, and much more.
- Personal Effects Coverage can be purchased for items located within the travel trailer and for personal effects while outside the travel trailer.
- Liability Coverage covers experiences should the property owner’s direct or indirect actions result in third party damages or losses for others.
At Aegis Security, we offer insurance protection specifically designed for travel trailers. Our TRAILBLAZER Program offers the necessary coverages at an affordable price to help ensure that your clients assets are properly protected. Our experience and expertise in insuring travel trailers allows us to deliver prompt, personal and professional service to insureds when a loss occurs. To learn more about our Travel Trailer Insurance or any of our other personal insurance programs, contact us today at (800) 233-2160.