Fill out a quick form to tell us about yourself and your trailer insurance needs.
Get a quote
Connect with one of our licensed brokers, and get a personalized quote for your trailer policy.
Secure your policy
Once you're happy with the details, bind your trailer policy with us, so you can hit the roads worry-free.
Bundle insurance products
By insuring your car, home, and trailer under the same company, you can receive discounts for being a loyal customer.
Install security devices
Many insurers offer discounts for having an approved security system in place – reducing your risk can lower your rate.
Get a group rate
Ask your provider about group rates – oftentimes, certain groups and alumni will be eligible for trailer insurance discounts.
Matt Hands, VP, Insurance and MoneySense
Trailer insurance is a form of coverage that protects your non-motorized vehicle from the unique risks it could face – such as liability, collision, and theft. It differs from RV motorhome insurance, a type of policy that's required for vehicles that aren't towed but rather driven on their own.
In Ontario, a trailer won't be covered entirely by your personal car insurance policy. Instead, the third-party liability portion will apply to a trailer but only while it's being towed. And other types of coverages on your auto policy – such as collision and comprehensive insurance – won't automatically extend to your trailer.
That's why you should consider purchasing trailer insurance separately. Not only will you be covered adequately against risks on the road, but you can also protect yourself from off-road risks, such as a break-in. It's always a good idea to protect yourself financially, and it may be exactly what you need to enjoy your road trip worry-free.
Do you have to insure a trailer in Ontario?
Non-motorized, towed vehicles don’t require their own insurance policy in Ontario. But despite so, it’s always a good idea to protect yourself financially ahead of time.
- Third-party liability – Your car’s liability insurance can protect your trailer while you’re towing it on the road, but the coverage won’t apply while it’s parked. Trailer liability coverage ensures you’re protected at all times against claims of bodily injury and property damage from a third party – it can be used to pay for legal expenses, medical bills, and awarded damages.
- Collision insurance – Collision insurance for your trailer works the same way as it would on a conventional car policy. With this coverage, the cost to repair or replace your damaged trailer will be covered by your insurance company in the event you hit another vehicle or an object while driving.
- Comprehensive insurance – Comprehensive insurance protects your trailer from risks that aren’t collision-related. This can include loss or damage claims regarding theft, vandalism, fire, severe weather, and falling objects.
- Specified perils insurance – If you choose specified perils insurance for your travel trailer, you’re essentially selecting the exact risks you want to be protected against. For instance, you can name theft and fire as perils on your trailer policy but omit coverage for falling objects. While it does expose you to more risk, it’s cheaper than choosing full comprehensive coverage.
- All perils insurance – By choosing all perils insurance, you’ll generally be protected against all risks of loss or damage, except for those explicitly disregarded in your trailer policy. Essentially, it’s a combination of collision and comprehensive insurance, plus a little extra.
- Contents insurance – Like the contents insurance on your home policy, this type of coverage insures the personal belongings stored within your trailer. That way, if a thief breaks into your vehicle during your camping trip, you won’t be on your own when it comes to replacing everything.
How much does trailer insurance cost?
The more expensive your trailer costs, the more you’ll be paying to insure it. Therefore, the cost of trailer insurance can vary greatly – expect to pay anywhere from $250 to over $1,000 each year for coverage. To get a personalized travel trailer insurance quote, be sure to book a call with one of our licensed brokers today.request a quote
Factors that impact your trailer insurance quote
Type of trailer
The cost of a trailer can range greatly, and therefore, so does its insurance. Generally speaking, the more expensive it is to repair or replace your vehicle, the more you’ll be paying to protect it. Also, larger trailers often come with higher premiums due to the increased risks.
Your insurer may take into account how you store your trailer when it’s not in use. Parking your trailer on a public road brings a different level of risk than parking in a private garage – and your insurance premium will reflect that.
With more valuables in your trailer, comes the need for more trailer insurance. Therefore, if your vehicle is decorated with all new furnishings and equipped with expensive technology, expect to pay more for your contents coverage.
The more you use your trailer, the more expensive your premium will be. So if you’re a full-timer, don’t expect to pay the same rate as someone who hitches their trailer once every summer.
A policy an increased coverage selection will cost more, simply because you’ll be protected against more risks. And if you choose to insure your trailer and contents for its replacement value – instead of its depreciated, actual cash value – you’ll also be paying more.
If you’ve made several at-fault claims in the past, don’t expect your future rates to be cheap. Insurance companies like to see low-risk policyholders, so a clean insurance history and a low trailer insurance premium go hand-in-hand.
For a lower rate, be sure to ask your insurance broker about available trailer insurance discounts. There are many ways to save, including bundling your trailer, auto, and home policies under one company.
Looking for motorhome insurance in Ontario instead?
Recreational vehicles that don’t need to be towed require a different type of insurance policy – visit our page on motorhome insurance to learn more about your coverage needs.
Is a trailer covered by auto insurance?
Do you need insurance for a camper trailer in Ontario?
How do I get a travel trailer insurance online quote in Ontario?
Matt Hands, Business Director of Insurance
With 6+ years of experience at Ratehub.ca, Matt’s focus has been on growing its newest business unit, Insurance. He is a thought leader and a valuable resource to respected publications across Canada. read full bio