Car trailers and caravans have several benefits, offering drivers convenience and flexibility whether it’s transporting furniture or holidaying. However, like any other vehicle on the road, they are subject to various risks, such as accidents, theft, and damage caused by unforeseen events. Do you have car trailer insurance in case it's in an incident?
If you're interested in taking out trailer or caravan cover with your car insurance, you can compare policies in an instant with Savvy. Our 100% free comparison tool provides offers from leading insurers, helping you consider competitive deals side-by-side. Get started with your no-obligation quote today.
What is trailer insurance and what does it cover?
Trailer insurance is a type of insurance coverage designed to protect trailers and caravans from potential risks and damages. It can provide financial protection in case of accidents and other events that can cause damage to or loss of your trailer.
Depending on your desired coverage level, there are different types of trailer insurance available:
- Third party property damage (TPPD): can protect you against claims for damage caused by your car trailer to other people's property, but doesn’t cover damage to your own trailer.
- Third party fire and theft (TPFT): can offer coverage for damage caused by fire or theft of your car trailer, as well as damage to someone else’s property.
- Comprehensive: provides the highest level of protection for your car trailer. It can typically cover accidental, theft, fire and weather-related damage to your trailer, as well as third-party liability. It may also cover damage to or loss of personal belongings or contents inside the trailer.
Can my car insurance cover my trailer or caravan?
In certain circumstances, your trailer or caravan could be covered by your car insurance. If it’s roadworthy and is being towed by a registered vehicle, it'll be covered by the car’s CTP insurance. However, this only covers liability for injuries or death caused to other people.
If you have comprehensive car insurance, this may cover your trailer or caravan for certain damages while they are being towed by the insured vehicle, such as third party property damage. However, car insurance policies often set a limit on damage cover, so it's important to compare your options if you're looking for more complete coverage. You can do just that through Savvy, with our simple online comparison service enabling you to compare car insurance offers that may cover trailers in minutes.
What different car trailers can I take out insurance for?
Trailer insurance in Australia can cover a variety of trailer types, providing protection for different purposes and uses. Some common types of trailers that can be insured include:
- Caravans: towable mobile homes designed for living or camping purposes.
- Box trailers: versatile trailers commonly used for transporting general goods, household items, or equipment.
- Camper trailers: compact, lightweight RVs designed for camping and outdoor adventures.
- Car trailers: trailers specifically for transporting cars or other vehicles.
- Horse floats: sturdy covered trailers for transporting horses safely and securely.
- Boat trailers: trailers used for towing boats, jet skis or other watercraft.
- Motorcycle trailers: trailers used to securely transport motorbikes.
The types of trailers covered will vary depending on the insurance provider, so it’s important to check that your trailer is covered before taking out a policy.
If you use your trailer for business purposes, items such as tools and merchandise may not be covered under standard trailer insurance, so you may need to take out additional cover or business car insurance.
Why compare car insurance with Savvy?
Types of car insurance you can choose from
The most basic type of optional cover available, TPPD insurance can offer protection for damage caused by your vehicle to other people's property. However, no damage to your vehicle will be covered.
A step up from TPPD, TPFT insurance can also cover damage to your vehicle sustained due to a fire or theft (or attempted theft) in addition to third-party property damage if you're in an at-fault accident.
The most extensive (and expensive) form of cover, comprehensive car insurance can also offer cover for damage to your vehicle in an accident, collision and certain weather events on top of the areas TPFT covers.
What factors affect the cost of trailer insurance in Australia?
The value of the trailer is a significant consideration, as it directly impacts the potential cost of repairs or replacement. Because of this, you may pay more to insure a particularly valuable trailer.
Frequently asked questions about car trailer insurance
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