Does Your Boat Insurance Cover Your Trailer?

Owning a boat in Mississippi is a popular way to enjoy the state’s beautiful lakes and rivers, and ensuring you have the right insurance coverage is just as important as having the right gear. Many boat owners assume their boat insurance policy covers their trailer, but this isn’t always the case.

Boat Insurance vs. Trailer Coverage

A standard boat insurance policy typically may cover damage to your vessel, liability for accidents and sometimes personal property on board. However, trailers are often not automatically included in these policies. Instead, they may require separate coverage or an endorsement added to your existing policy.

Where to Find Trailer Coverage

The following coverages often include boat trailers:

• Auto insurance—If your trailer is attached to your vehicle when an accident occurs, your auto insurance may provide liability coverage but not physical damage protection.
• Boat insurance endorsement—Some insurers allow you to add trailer coverage to your boat policy for an additional premium.
• Standalone trailer insurance—You can purchase a separate policy specifically for your boat trailer that may offer full protection against theft, damage and accidents.

Why You Need This Coverage

A boat trailer is a significant investment, and accidents, theft or weather-related damage can be expensive. If you frequently transport your boat, having dedicated trailer coverage helps ensure that repairs or replacement costs won’t come out of your own pocket.

Check Your Policy Today

If you’re unsure whether your boat insurance covers your trailer, review your policy or talk to your insurance provider. Adding the right coverage now can help prevent financial surprises later. Contact FLM Insurance today to explore your insurance options.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.