Who Do You Insure?

[BroadHopper]

My insurance company looks at the principle owner of the policy/boat driving records and prior claims they may have to insurance companies before they determine the annual dues. They also consider the HP to length ratio. Since I have a perfect record I only pay $100+ for full coverage for a high performance craft. Most of my colleague are paying $700+ for the same coverage.

[JEEPONLY]

I believe, a while ago, I read something on this forum about trailer insurance, and how it is covered.

I asked my agent, today, about connected and accidentally disconnected trailers. I was told that my policy, as a standard, good quality policy, does insure the trailer, when connected to the tow vehicle, but the policy would require an addition (for relatively short money) to cover the event of a "loose" trailer hitting somebody else. It was expressed that this additional coverage was for for liability only, not damage to the trailer.

Heard anything different?

[Descant]

Many years ago, I discussed this with my insurer. The car and the trailer were considered one vehicle when connected. There was some indication of coverage in the event of accidental disconnect. The parallel was a ski rack that falls off your car and hits a following vehicle. Covered. So is cargo that falls out of the bed of your pick up truck. There was no coverage if the trailer was parked and rolled down hill into somebody or something, unless it was specifically listed on the policy. It's worth asking, if a boat falls off the trailer and there are injuries, which policy pays? And increase your Umbrella.

[MAXUM]

Originally Posted by Descant

Many years ago, I discussed this with my insurer. The car and the trailer were considered one vehicle when connected. There was some indication of coverage in the event of accidental disconnect. The parallel was a ski rack that falls off your car and hits a following vehicle. Covered. So is cargo that falls out of the bed of your pick up truck. There was no coverage if the trailer was parked and rolled down hill into somebody or something, unless it was specifically listed on the policy. It's worth asking, if a boat falls off the trailer and there are injuries, which policy pays? And increase your Umbrella.

Mine used to be like that however it has since changed, in fact my insurance company notified me of such even though I had the boat already covered. Basically if I were to get into an accident with the boat in tow, whatever damage the boat and trailer do (liability equiv) is covered under the vehicle policy, any damage done to the boat and trailer (comprehensive\collision equiv) fall under the boat policy. Both the boat and trailer VINs are listed on my boat policy.