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Member
Posts: 36
Location: Fl. | I've got a Featherlite three horse GN with tack room and I'm wondering if anyone else carries insurance on theirs? I've been told it's insured under my auto policy while it is being towed....but when it is unhitched, if someone steals it, or breaks in and steals the tack, I'm on my own. Any input on who you have insuring your trailer (Name of company) would be appreciated!! Thanks |
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Regular
Posts: 92
Location: oregon | We insure our 3H LQ for $107 a year through Geico.
It's well worth it if it gets stolen or damaged. |
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Elite Veteran
Posts: 792
 
Location: East Tennessee, USA, Planet Earth | Hi..it's only insured for liability, when hooked to your towing vehicle. That means...should it come unhooked from your towing vehicle while on the road and it causes an accident, you would be covered. If you want comp insurance (theft/damage) you need to buy that coverage. My BP trailer has replacement insurance. |
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Expert
Posts: 1205
Location: Arkansas | All of our trailers are insured through State Farm, (niece is agent, who'd march thru fire for ya) cuz we live in tornado alley etc hail, tree limbs etc! |
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Expert
Posts: 3802
Location: Rocky Mount N.C. | Some recent discussion... http://www.horsetrailerworld.com/forum/thread-view.asp?threadid=8416 |
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.jpg) Expert
Posts: 2828
Location: Southern New Mexico | I've got the same trailer except a 4horse and it is insured through Farm Bureau for $123.38 a year. That covers the "extras" like vandals/loss of use/theft -replacement cost. My insurance agent also told me to list my saddles/tack as contents so they will be covered incase the tack room is broken into. |
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 Veteran
Posts: 274
Location: MO in woods | Since we moved have State Farm but before move in IL had Farm Bureau. |
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Veteran
Posts: 294
Location: Fort Worth, Tx | It's essential to carry separate insurance on your trailer. Mine is through Allstate, about $100 a year. I think juat about any company will insure a trailer, although I would prefer to deal with someone who is a "horsey" person to make sure that you get what you need. |
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 Expert
Posts: 1877
Location: NY | Farm bureau insurance |
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 Extreme Veteran
Posts: 303
Location: Grapeland, Texas | Can I be nosey and ask what ya'll have your trailers valued at? My insurance is way higher than ya'lls. Just wondering if it is the value it's insured for or am I just spending to much.
Thanks
Edited by longearsrule 2008-03-05 8:41 PM
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Expert
Posts: 2828
Location: Southern New Mexico | I have a $100 deductable and the replacement cost is $14,000. It's just a 4 horse steel featherlight with a dressing room (2ft sw). |
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Member
Posts: 36
Location: Fl. | This is interesting....all the companies I've spoke to don't want nothin' to do with insuring a horse trailer. Can ya'll give me any National companies I could call?? |
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Extreme Veteran
Posts: 368
Location: Georgia | I have my LQ trailer insured with Explorer Rv Ins through National Interstate Ins. 888-774-6778 but I gotta tell ya...my premium is about 3 times what the other folks have stated that they pay. I do have full replacement value coverage. This company was recommended to me from fellow LQ owners. |
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Veteran
Posts: 294
Location: Fort Worth, Tx | I have a 92 Brenderup valued at 5,500. I also get my car insurance and homeowner's through Allstate, so I may be getting a discount due to multiple products. However I would call around...does US Rider do insurance maybe? Would be a good sideline for them if not. |
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Elite Veteran
Posts: 714
Location: Minnesota | I have a 4H Featherlite with 6 ft shortwall LQ. Insured for $25,000 plus all contents for replacement cost for all risk. Insure everything I own with American Family. Trailer costs $329 per year after discounts. It is best to insure your trailer with the same company as your farm insurance, if possible, for claims purposes. e.g. Are your saddles covered under your farm or trailer insurance? Which deductible? Mine would go to the last place they were at, which is always the trailer, which has the lowest deductible. If you have living quarters it needs to be insured as an RV. |
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Expert
Posts: 1989
Location: South Central OK | I'm wondering if the price differences have anything to do with the LOAN VALUE remaining on the trailer being insured...just a thought. Also, for those with LQ's that value the trailer as a second home (tax reasons) wouldn't the policy be a home-owner's policy? Or have I lost my mind this morning? |
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Expert
Posts: 1205
Location: Arkansas | Ours is insured for replacement 35000, + contents. Also around $300 a year, which is alright, if one is ever wrecked badly it would be a real disaster..
Edited by flyinghfarm 2008-03-06 8:55 AM
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Extreme Veteran
Posts: 303
Location: Grapeland, Texas | Well, that makes me feel a little better about what I am paying. I have mine insured thru Equipment Insurance Int'l, Inc. They are the ones the trailer dealer recommeded and I also have my tractor insured thru them. The tractor dealer also recommended them. |
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Elite Veteran
Posts: 781
Location: La Cygne, KS | Check out Allied Insurance. They will pay for contents and trailer value if trailer is stolen. Just make sure you insure the trailer for replacement cost. Always a good idea to keep a record of what is in your trailer should it become stolen. Kinda hard to remember all the little things in there when you have to make a list to provide the insurance. Also, might want to get an add-on to the policy too for your saddles/tack. This becomes a sticky situation whether it is covered under homeowners or the trailer insurance. |
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Member
Posts: 6
Location: Oxford,NY | Pays to check around.Received quotes from two national insurance co. with same coverage of $25,000.One was $198 and other was $524.??????????????? |
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Expert
Posts: 2828
Location: Southern New Mexico | All of our insurance is through Farm Bureau so we have a multiple vehicle discount and if anything is stolen I don't have to worry about weither it is the full coverage or homeowners that should cover it (no 'it's the other companies responsibility')since it's all insured with them. Location also has a lot to do with it. Our insurance dropped when we left TX and moved to NM. We used to be in a "higher theft risk" area. |
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 Extreme Veteran
Posts: 420
Location: Iowa | I have my 3H Featherlite, full coverage..fire/theft,etc. insured thru Progressive along with my cars & pickups. I have it valued at $15,000. As stated on the policy. By the way it's a 2003 model no Living Quarters, justa 4ft shortwall. I think it's 140.00 a year.
Edited by sinful 2008-03-06 6:03 PM
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Veteran
Posts: 296
Location: Tennessee | When we bought our used '99 Logan 3H Competitor 3 with an unfinished 4' dressing room, I priced comprehensive with my insurance company (Travelers) and it was $280/year. I passed because the trailer stays parked in a pretty secure place when we don't use it, and when we do use it, whoever steals it would pretty much have to kill me to get away with it, in which case I won't really care about replacing it.
Do you all think it's worth it to add comprehensive on this kind of trailer? |
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Expert
Posts: 5870
Location: western PA | Originally written by Towfoo on 2008-03-06 6:35 PM
Do you all think it's worth it to add comprehensive on this kind of trailer? What would happen if you had a fire, act of God; flood, tornado etc? What would happen if you were in an accident? Do you have the funds to recover, repair or replace the trailer on your own?? Gard |
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Veteran
Posts: 294
Location: Fort Worth, Tx | I hate to say it, but there is no such thing as a pretty secure place, unless your trailer is parked on the White House lawn. Or maybe in Fort Knox. Otherwise, someone can steal it. However it is certainly your choice..the thing about insurance is that 99% of the time you will never use it and would love to use the money for something else. But if you need it you will sure regret not having it. |
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Veteran
Posts: 296
Location: Tennessee | Nothing to catch fire, really. Tornado or flood even less probable, if I go by the fact that my house is 53 years old and hasn't been hit by a tornado yet. I guess it's always a 50/50 chance, though...either it gets hit or it doesn't. Accident is the most probable causes of loss by far, with theft coming in a distant second, but the insurance would only cover the trailer if it were my fault or the other driver didn't have insurance. We've got under $7k in the trailer and paid cash for it. That's about two and a half years of premiums at the rate I was quoted. I'm having a hard time justifying it, especially since the thing is not a necessity. It would hurt to lose it for sure, and it would take me a long time to replace it. Tough call, really. I guess I should shop rates some more. |
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Elite Veteran
Posts: 648
Location: Coconut Creek, FL | I have USAA which is only available to Military and retired officers (my dad is a ret Air Force Colonel) it's A++ rated (considered the best insurance company in the world) it is vital that your insurance company have a B or better rating - can look in the Bests Key Rating Guide and it's probably available online. I looked up a few of the companies mentioned on here: Farm Bureau has several different companies - but all appear good as they have A+, A, and A- ratings same with Allstate State Farms has some A++, A+, A, A- and B I have a friend who's 2H BP aluminum trailer was stolen from her yard and have heard of several other ones in South Fla stolen, so it can be an issue. American Family A+ to A Allied Eastern Indemnity A- Allied Property A+ National Interstate A Geico A++ Progressive A+ State Farm Fire & Casulty A++ State Farm Auto A+ Travelers A looks like everyone is using a very good company
Edited by Dunoir 2008-03-07 12:15 PM
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Elite Veteran
Posts: 714
Location: Minnesota | Towfoo- Yes by all means shop around. $280 for comprehensive seem fairly high for comprehensive, My house has been here for 55 years also with no tornados. Hail, straight line wind wind, trees, lightning yes. no one could steal it except over your dead body? What makes you think you would be there at the time? I spent 18 years in the insurance business (4 as a claims adjuster and the rest with my own sales agency). I saw to many time where some one didn't have coverage or inadequate coverage because they didn't want to spend the money up front Give up something you don't need once a month and pay the insurance!. |
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Member
Posts: 17
Location: Tennessee FINALLY! | So the question has yet to be answered, what nat'l companies are there that will insure just the horse trailer? I am in a pickle since we have renters ins with Allstate but they wont insure the trailer since we dont have a auto policy with them. My auto policy (Safeco) wont insure it because of the "tier" Im in???? And if they did it would be $1100 a year! We are moving to TN next week and need to get ins on our lq's before we go. |
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Extreme Veteran
Posts: 368
Location: Georgia | The Explorer RV/National Interstate I mentioned previously in a post is a "national" company. |
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Veteran
Posts: 222
Location: Kaufman, Texas | Surprised that no one has not mentioned this one - www.creelman.com, they insure trailers only. |
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Member
Posts: 36
Location: Fl. | Thanks for all the replies and lively banter ya'll......I've got some good ingo to go on.....now my next hurdle, living in Hurricaneville Florida. Heck, I pay $4,000 a year just to insure a 3/2 house with 5 acres!!! |
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Veteran
Posts: 296
Location: Tennessee | Good points, genebob. I'd rather be covered than not, of course. I just need to find some reasonable rates, and my carrier doesn't have them, apparently. Heck, my homeowners isnt even as high as the comprehensive quote they gave me. I'll keep on shopping. |
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Extreme Veteran
Posts: 379
Location: Columbia, TN | Funny this should come up I just did some compairing last week. I presently have mine with Farmers Ins. Group I think they are the third largest Insuror. They do theirs differently than State Farm and Farm Bureau, they Insure the trailers as a rider on your truck policy. I have a 2005 F350 Crew cab 4X4 King Ranch and have a 97 Hart alum bumper pull valued at 7500 and a 2005 Hart 3H with 12 ft Outlaw valued at 50,000 The truck and trailers and this is full coverage 100 ded comp and 500 ded collision for truck and trailers is $355 every 6 months. State farm was $322 for truck and $36 every 6 mo for the bumper and 499 a year for the LQ. Haven't heard back from Farm Bureau yet but I know they do theirs seperate like State farm. |
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Member
Posts: 36
Location: Fl. | I'm moving out of Florida! I have three vehicles....2 pickups and a van...all over 5 years old. No accidents/citations/etc and I'm paying $2000.00 a year!!! ARRRGHH    |
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Extreme Veteran
Posts: 368
Location: Georgia | Don't move to GA. I have two vehicles, no tickets, no citations etc and my insurance is $1600 + per year. My horse trailer insurance is NOT included in this!! I know I need to shop around cause this is riduculous. I have used Allstate since I was 16 years old and it is time to look around!! Ride On! |
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Member
Posts: 36
Location: Fl. | Yeah, there is no loyalty factor anymore...kinda sad. But with the higher prices of EVERYTHING....especially fuel (I'm paying $4.00/gallon for diesel), you got to continually shop around. This horse thing is gettin' real spensive!!!! |
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Expert
Posts: 2615
| You bet it is.I kind of wish now we'd waited because I feel there will be some good deals,unfortunately for sellers,come up on trailers especially large ones.But if we could predict this happening,heck,we would'nt need good deals,right? |
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Regular
Posts: 91
Location: Small Town, Texas | Longears we must have bought our trailers at the same place...I have Eqipment Ins. also and pay $280 each year...must be Texas also because when I shopped arund for this last fall I could not get the same coverage any less. All I found did not have theft included. And here in Johnson/Tarrant County they are stealing trails like mad right now... |
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Extreme Veteran
Posts: 342
Location: MS | I also have Equipment Insurance as my carrier. I just shopped around, and no one could beat their price. I just lowered the insured value since the trailer is now 8 years old.
By the way, Progressive told me they wouldn't insure the trailer unless they carried the car/truck too. |
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Member
Posts: 36
Location: Fl. | Does ya'lls insurance cover contents on trailers without LQ? Everyone I've talked to in Florida says they will cover liability while towing...then some will cover theft of trailer/fire/etc when it is unhooked and parked. But the agents always say the contents (tack) is not insured......and if I want to insure the contents, it will be an extra policy for about $500.00. Even though I maybe have $4500 total if I added all my tack and stuff up. What gives??? |
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Veteran
Posts: 296
Location: Tennessee | My homeowners covers the contents. What insurance company are you using? |
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Member
Posts: 36
Location: Fl. | I have Citizens...which is a "State of Florida" derivative, formed after all the Hurricanes made the Thieving Insurance companies have to pay out a little money. It was fine to collect premiums....but don't ask them to pay. Now the entire insurance industry in Fl is melting down....nobody wants to insure you...and if they do, it'll cost you BIG TIME. Just some advice to anyone thinking of moving to Florida.....Don't!!! I was born and raised here...fifth generation, and it's turned into a non insurance covering, ultra-litigious, scum hole. Thanks for letting me vent  |
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Expert
Posts: 2828
Location: Southern New Mexico | My trailer insurance covers the tack room contents too. Of course we have everything covered with Farm Bureau so either way it would be covered by the same company. |
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Member
Posts: 36
Location: Fl. | That's interesting. I am talking to Farm Bureau right now and the agent said the trailer would be covered under auto when towing for liability and covered under homeowners when not trailering for theft and fire. BUT, he said, the tack contents will never be covered......unless I take a seperate rider for about $500.00/yr for $5000.00 coverage |
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Elite Veteran
Posts: 714
Location: Minnesota | burner- Are you talking about a LQ. Most companies cover it under an RV policy where contents are covered. If not, a regular homeowners policy may not cover your tack, but probably would be under a farm policy. |
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Member
Posts: 36
Location: Fl. | No LQ...just 3 horse Featherlite with tack room.....I only have three acres...no one will write a "farm policy".....and homeowners will not cover, according to all of the agents I've spoken to....State Farm/Allstate/ and now Farm Bureau. |
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 Veteran
Posts: 238
Location: West Coast | Originally written by burner718 on 2008-03-26 1:48 PM That's interesting. I am talking to Farm Bureau right now and the agent said the trailer would be covered under auto when towing for liability and covered under homeowners when not trailering for theft and fire. BUT, he said, the tack contents will never be covered......unless I take a seperate rider for about $500.00/yr for $5000.00 coverage Wow!! That's expensive. I have my trailer insured through State Farm and I also have a seperate rider through State Farm for all of my tack. I have about $ 15,000 in tack insured and it costs $ 240.00 per year. They did require that I list each piece of tack separately, so any time I add something new that's of value, I have to contact them and add it. They will cover only what is on the list.
Edited by RoperChick 2008-03-26 3:00 PM
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Expert
Posts: 2828
Location: Southern New Mexico | I have a 4 horse featherlite with a dressing room and is covered under the truck for liability, but I also have comprehensive (full coverage) on it. Liability only coveres the other guy. We are near the border and no one checks the insurance of border crossers (big problem here) so if you are hit by one or hit by someone with out or under insured you are just out of luck. I've got $14,000 replacement coverage and its $230 a year.
Edited by Terri 2008-03-26 3:39 PM
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Extreme Veteran
Posts: 379
Location: Columbia, TN | I think it is a really good idea to get it all with one company, you get discounts for doing that anyway. You are right stating that your homeowners covers your tack, just be sure you have a HOMEOWNERS policy and not a dwelling policy because there is a big difference. If you are renting I don't think your renters policy covers it and if you don't have a renters policy your are screwed. |
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Expert
Posts: 3853
Location: Vermont | Originally written by burner718 on 2008-03-26 3:41 PM
No LQ...just 3 horse Featherlite with tack room.....I only have three acres...no one will write a "farm policy".....and homeowners will not cover, according to all of the agents I've spoken to....State Farm/Allstate/ and now Farm Bureau. Here is another outfit to speak to...it lists their horse trailers under commercial...but they handle personal insurance as well...I have NO IDEA what their quotes will be like... http://www.oiginsurance.com/commercial_insurance/index.php It is too bad you don't have military officer backround...because USAA is still in force in FL.
Edited by PaulChristenson 2008-03-26 9:52 PM
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Member
Posts: 6
Location: Florida | go to www.GoodSamsClub.com Membership is 19.00 a year and they offer lots of benefits. This was the only way I could get my LQ trailer insured. GMAC is their insurance carrier. I covered my truck and trailer. Got a real good rate. They have an 800 number you can call. Although, they are an RV club they have lots to offer. Good Luck |
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Veteran
Posts: 296
Location: Tennessee | Originally written by Widow woman on 2008-03-27 12:23 AM
go to www.GoodSamsClub.com
I think you mean "sam" and not "sams". |
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Horse Trailer Insurance
