When you get a utility trailer new or used you usually need to register it with your areas Department of Motor Vehicles DMV so its legal to use on the road.
Can you insure a utility trailer. But it may cost you a few hundred dollars per year to insure a 75000 horse trailer. First you need to determine if your trailer is covered by your existing personal insurance or if you need to purchase a. We insure a wide range of trailer types including but not limited to.
Registration requirements for your ubilt vehicle or trailer To qualify for registration the vehicle must meet the equipment standards set out in BCs Motor Vehicle Act Regulations. The goods themselves are nor covered under the standard vehicle insurance. Trailers come in different sizes so the cost for trailer insurance varies.
Utility trailers used for non-business purposes are covered by a personal auto policy. These insurance packages often include the trailers. Since your friend isnt the owner of the trailer they cant cover it on their insurance policy.
Or snow removal equipment for example. No you cannot take out trailer insurance if you are not the owner of the trailer. However it is always a smart idea to insure your trailer especially if you have invested a lot of money in the trailer or the contents you haul.
Ubilt vehicles and trailers can be licensed and insured if they meet BC. With utility trailers there is the concern of the goods that they are carrying get damaged. For example you may be able to add a small utility trailer to your car insurance policy for no additional charge.
Do I Need Commercial or Personal Insurance. The amount and type of insurance you need for a trailer depends upon its use and its value. Generally speaking an insurance plan that covers your tow vehicle may cover the trailer when it is attached in transport for liability only.