A horse trailer is a major investment in the freedom to haul your horses to shows, trail rides or other locations. It is also an important part of keeping your horses safe while traveling and a valuable asset to have in the event of an accident or disaster. Like all investments, it is a good idea to have it protected with a policy that meets your specific needs and budget. Having horse trailer insurance can help ensure that you are not left with the costs of repair or replacement in the event of an unforeseen loss.
Whether you own a basic stock trailer or a high-end custom unit, you need to think about insuring your trailer and equipment for both physical damage as well as theft. This type of coverage is often available with a standard auto or home insurance policy. However, it is typically more affordable if you choose a company that specializes in a horse trailer insurance policy. There are many companies that offer a variety of policies and can work with you to customize the coverage that is right for you.
The cost of the policy will vary based on a number of factors including the make, model, value and where you store your trailer. The age of your horse trailer will also impact the rate. Other considerations include your driving records, the insurance company you choose and how much you want to insure for. In addition to physical damage to the trailer, you can often add loss of use to your policy to cover expenses incurred if you need to rent or buy another trailer to get you back on the road.
In the event that you lose your trailer, you can also purchase coverage to reimburse you for the value of the equipment that was inside it. This can include thousands of dollars in tack and other supplies. This is an especially important feature for people who show their horses, since they often have equipment worth a lot of money packed in their trailers when heading to the show.
You can usually add a component to your horse trailer insurance to cover the medical needs of your horses in the event of an accident or disaster. This will usually include a base mortality policy that pays for reasonable and customary veterinary bills. Some insurers will allow you to upgrade this coverage to cover additional veterinary costs such as alternative therapies, transportation to and from the vet for treatment, dental procedures, joint treatments or injections (again, specifics vary by insurer) and necropsies.
You can also usually upgrade your policy to include accidental death and dismemberment insurance as well as personal property protection. This can be helpful if you are hauling other people's horses or your clients' horses in your trailer. Some policies will also cover the cost of carcass removal in the event of a fatal crash. This is a relatively new coverage option, so check with your agent to see if it is an option that works for you.
Get started today, protect your horse trailer and gain peace of mind with horse trailer insurance from Nicholson Insurance Agency, Inc. Contact our friendly team today via phone or email to get started. Let us be your trusted partner in safeguarding your valuable asset and ensuring the well-being of your horses.