Posted 2007-12-20 11:27 AM (#73209) Subject: living quarter trailer insurance
Elite Veteran
Posts: 714 Location: Minnesota
Just left my insurance agent and he told me I needed to Insure my LQ trailer as a recreational camper. Otherwise the LQ is not covered if I have a loss. The only part of the trailer covered by livestock trailer insurance is the actual structure of the trailer. Just an FYI.
Posted 2007-12-20 11:46 AM (#73211 - in reply to #73209) Subject: RE: living quarter trailer insurance
Veteran
Posts: 114
Your traler is covered by your auto insurance while you are towing it, other times, nothing. Our LQ Kiefer is insured as a recreational vehicle with State Farm Insurance. On another note, we had bought a New Ranger BAss Boat, 2 weeks later, a man ran a stop light and hit our boat. we had other insurance on the boat. The person who hit our boat and the boat had the same insurance company. What a battle, we had to go to court just to get our boat repaired and trailer replaced. State Farm was our Auto insurance and they stepped in and help get the situation resolved. Funny, the insurance compaines were eager to fix the truck but wanted to ignor the boat.
Posted 2007-12-20 1:01 PM (#73214 - in reply to #73209) Subject: RE: living quarter trailer insurance
Elite Veteran
Posts: 781 Location: La Cygne, KS
You'll also want to make sure that your insurance will cover the living quarter contents of your trailer and the tack. This becomes a sticky situation should your trailer be stolen. You may have to itemize your tack since it may not be covered under your homeowners insurance. Our LQ trailer was stolen in 2005 and have Allied Insurance and they were extremley easy to deal with over the contents, but a pain on the actual trailer value since it had a very nice custom LQ. Just make sure you insure the trailer close to replacement cost and take into consideration the cost of your contents.
Posted 2007-12-20 1:38 PM (#73216 - in reply to #73209) Subject: RE: living quarter trailer insurance
Expert
Posts: 3802 Location: Rocky Mount N.C.
My auto, trailers, home, farm liability, etc. insurance is with N.C. Farm Bureau. I told them how much coverage I wanted on the contents of the trailer (saddles, cart, harness, etc) and they said my home owners policy would cover it. Never tried it out and hope I never have to!!
Posted 2007-12-20 2:56 PM (#73217 - in reply to #73209) Subject: RE: living quarter trailer insurance
Extreme Veteran
Posts: 560 Location: Mena, AR
I'm insured with Creelman http://www.creelman.com/page5.asp They also offer a discount if your have US Rider. I asked them if they covered the interrior of the trailer if it was damaged for some reason, and they said yes. Don't recall what they said about saddles, etc...
-Betty
Posted 2007-12-20 3:36 PM (#73218 - in reply to #73209) Subject: RE: living quarter trailer insurance
Veteran
Posts: 235 Location: Keymar,Maryland
Careful. " It depends", here in MD. I needed separate ins. because the Merhow is over 10,000 gvw.Under 10K covered by the tow vehicle.Costs me about $86 year. Rich
Posted 2007-12-21 9:04 AM (#73249 - in reply to #73209) Subject: RE: living quarter trailer insurance
Veteran
Posts: 114
Be sure your home owners will cover the trailer and LQ, mine is covered as a recreational vehicle so that the entire trailer with living quarters and contents are covered should there be a fire or something while it is sitting and not hooked to the truck. It cost me about $186.00 for 38K
Posted 2007-12-21 9:26 AM (#73250 - in reply to #73249) Subject: RE: living quarter trailer insurance
Expert
Posts: 2614
My homeowner's policy doesn't cover my trailer,but the separate insurance policy I have on the trailer itself does cover it whether is towed or sitting.
Posted 2007-12-21 12:09 PM (#73257 - in reply to #73216) Subject: RE: living quarter trailer insurance
Expert
Posts: 3853 Location: Vermont
Originally written by retento on 2007-12-20 1:38 PM
My auto, trailers, home, farm liability, etc. insurance is with N.C. Farm Bureau. I told them how much coverage I wanted on the contents of the trailer (saddles, cart, harness, etc) and they said my home owners policy would cover it. Never tried it out and hope I never have to!!
Covering your CONTENTS via your Home Owner policy... The policy should provide coverage for contents. Many claims (such as vandalism, theft, fire or collision) involve a loss of contents along with damage to the motorhome. Without contents coverage, you would have to claim for damages to the motorhome and then claim any loss of contents on your home or renter's policy. This means two deductibles - $300 or more on the RV policy plus $250 or $500 on your home policy. These deductibles sure add up in a hurry.
Posted 2007-12-22 2:07 PM (#73294 - in reply to #73209) Subject: RE: living quarter trailer insurance
Elite Veteran
Posts: 714 Location: Minnesota
The only thing your trailer is covered for under your auto policy is liability. Damage you do to others. And that's why it needs to be hooked up. If your unhooked trailer would roll away int someone elses there would be no coverage.Insuring it as a camper came as a complete surprise to me. I was in the insurance industry for 15 years as both an agent and as claims adjuster. the American Family camper policy covers the contents of the trailer, much like a homeowners with different sections for contents, camper, liability and even medical payments. I have all my insurance through Am. Fam as I get multiple policy discounts, which really add up. Plus I trust my agent, just as you want to be able to trust your trailer dealer.
Posted 2007-12-23 12:36 PM (#73319 - in reply to #73209) Subject: RE: living quarter trailer insurance
Expert
Posts: 2828 Location: Southern New Mexico
My trailers LIABILITY comes from the truck when hooked up but I also have an additional full coverage policy for when its not or for the "just in case" type stuff. It covers the contents too. I listed everything we use for a long trip with 4 horses/4 people even though it isn't always loaded. That was at the suggestion of my Farm Bureau agent.
Posted 2007-12-23 4:09 PM (#73323 - in reply to #73209) Subject: RE: living quarter trailer insurance
Elite Veteran
Posts: 714 Location: Minnesota
my mistake. The liability is covered under under the camper policy. If it i insured as a livestock trailer only, the liability comes from the auto policy when hooked up. Some farm or homeowners policys' MIGHT cover liability when unhooked. But I would check it out.
Posted 2007-12-26 11:57 AM (#73384 - in reply to #73209) Subject: RE: living quarter trailer insurance
Member
Posts: 5
Location: Iowa
I am insured with Allied and they have just seperated my trailer from my auto policy all on their own. I now have a living quarter trailer so understand why they want it seperate so they can give better coverage for the trailer. I think there will probably be more of this seperation within the insurance industry since they now know more about the LQ trailer product thanthey did originally.
Posted 2007-12-26 7:49 PM (#73403 - in reply to #73209) Subject: RE: living quarter trailer insurance
Extreme Veteran
Posts: 309 Location: MO
Well, I for one, will be talking to my State Farm agent tomorrow to see just what my LQ trailer's coverage is. It is separate vehicle on my auto policy. H-m-m-m.
Posted 2007-12-26 10:36 PM (#73405 - in reply to #73209) Subject: RE: living quarter trailer insurance
Expert
Posts: 1205 Location: Arkansas
My niece is my State Farm agent as well as a great friend. I assure you, that your trailer, without it's own insurance policy, is only covered for liability for damages done to others when being towed. And that is for damages to others, not for the damage done to your own trailer. Should you be hit by a underinsured motorist, you must have "underinsured" coverage on your tow vehicle to even have a leg to stand on after the minimally insured at fault driver's insurance runs out (very quick when they damage your truck, LQ trailer, and animals!). Underinsured is seperate and different than uninsured, as well. For you to have coverage that will pay for your trailer, you must have insurance on that trailer, and they need to know it has the living quarters interior, appliances, generator, awing, etc. What often happens to people is they find these things out when they cannot get compensation for their expensive trailer. Oftentimes when your trailer is damaged by others, they are woefully underinsured in the liability area. Please ask very specific questions, "what if" scenerios, etc from your agent. Ask for the responses to your questions to be in writing. Even my niece will admit, insurance companies are quite careful in protecting their own interests, even at your expense....it is your responsibility to "read the fine print" and protect your interests. Of course your own state laws can also influence these matters.
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