Travel trailer insurance is essential for a stress-free trip for Red Deer residents. Whether you camp on summer weekends or use your trailer to head south for the winter, trailer insurance protects you when something unexpected happens. RV Direct Insurance offers comprehensive, affordable trailer insurance policies in Red Deer. We’re independent and specialize in RVs – which means you get honest expert advice. Get a travel trailer insurance quote in Red Deer today or read on to learn more about this coverage.
Is Travel Trailer insurance required in Red Deer?
Travel trailer insurance isn’t required in Red Deer unless your trailer is financed. Many lenders will require physical damage coverage to protect the asset (your trailer). Our policies includes the required protection!
We recommend anyone who could not afford major repairs or to replace their trailer if it’s damaged to have travel trailer insurance. It protects you financially and gives you peace of mind that you can get back to camping if something happens to your trailer.
Do my car or home insurance policies cover my Travel Trailer?
If your vehicle is towing your trailer and you get into an accident without trailer insurance, are you covered? This is the most asked question, especially for new trailer buyers.
Your car insurance coverage will cover third-party liability if you’re towing your trailer but it won’t pay for expenses and repairs for you and your trailer. Therefore the coverage is extremely limited and you’ll still be paying for repairs or to buy another trailer if it’s damaged.
You may have the option to add your trailer to a home insurance policy, but it this often leaves you without adequate coverage. You may also have a higher deductible and you’ll have to make a claim on your home insurance if something happens to your trailer, which will increase your rates.
The best value and protection for your trailer is to purchase travel trailer insurance.
What does travel trailer insurance cover in Red Deer?
If you’re a Red Deer resident who owns a travel trailer of any type, you will want to know what travel trailer insurance covers. Here are four areas that a basic travel trailer insurance policy covers:
- Physical damage and loss to your trailer, its contents and any outbuildings like a deck
- Emergency vacation expenses
Liability coverage (either premises or personal liability, depending on your situation) There are additional coverages available for you while you are on the road or storing your travel trailer as well.
But first, we will discuss the four main travel trailer options in more detail below:
Setting up a travel trailer insurance policy is a great idea. But understanding your insurance policy is another matter. Insurance terms are not always self-explanatory.
Below we explain the main coverages found on a travel trailer policy in Red Deer: