Definition - What does Trailer Insurance mean?
Trailer insurance is a type auto insurance that protects the policyholder from damages to trailer contents or damages caused to another while using the trailer. Often, car insurance would cover a trailer, but it generally only offers liability coverage. For more comprehensive coverage, those who often use a trailer can benefit from trailer insurance.
Insuranceopedia explains Trailer Insurance
The coverage trailer insurance may offer includes the following:
- Liability: costs associated with property damage or bodily injury caused to others.
- Comprehensive: repair costs for damage due to severe weather, fire, theft or vandalism.
- Collision: repair costs due to traffic accidents.
- Contents: protects against the risk of damage to personal items being transported in the trailer.