Trailer Value For Insurance Purposes
Kesta
Reg. Oct 2003
Posted 2024-04-26 9:25 AM (#185714)
Subject: Trailer Value For Insurance Purposes


Veteran


Posts: 121
100
Location: MO
We are switching insurance companies, and the new company wants to know the value of my horse trailer.  When I initially insured it in 2005, my trailer wasn't that old and had a nice weekender package put in by the previous owner.  I valued it at $18K (between what it cost me to purchase and what it would cost to buy new with no weekender.  My trailer is an '02 Exiss Event 3-horse that is lightly hauled and well maintained with upgrades.  I've checked on this website to find what similar Exiss 3-horses are going for, but all the ones that are older have living quarters.  Should I take the prices on those trailers and subtract $5K+/- because mine doesn't have LQs?  That would still keep me in the current range of $18K+/-.  To buy a new Exiss would be in the $40K+ range.  How have other forum members valued their trailers for insurance purposes?

TIA


Edited by Kesta 2024-04-26 9:27 AM
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