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Caboose66's avatar
Caboose66
Explorer
Aug 08, 2013

Insurance on trailer while waiting for pick up?

So, here's my dilemma:
I have purchased and paid for an RV from a dealer in the mid-west. The shipper I have secured will not be able to pick the trailer up for about 2 more weeks.
How do I insure that trailer? It does not sound like it's covered by the dealer because I am the owner. My insurance is saying that the policy I get on the trailer is not effective until I take possession of the unit.
The shipper has his own insurance, so I'm not worried about that part... it's just the limbo time in between purchase and shipping.

Seems like it would be a similar scenario to storing an RV... Would the RV Storage facility's insurance cover the unit or would it be covered under my policy.

I have another call in to my agent to get it cleared up and I'm sure we will come up with a solution, just wondering what the experiences have been by anyone that was in a similar situation. Did any of you fully purchase your RV and then have a period of time that it was at the dealer before you (or a shipper) picked it up? What was your understanding of the insurance situation?

Thanks, Dean

12 Replies

  • I would have to say that if your insurance company says you can not cover the unit until you take delivery, the dealer must be liable until that time. There must be some more signatures required upon delivery that finalizes the transfer of ownership.

    I would definitely want it covered though. I know someone that was trying to sell their used trailer for around $10,000 that decided to remove insurance on the unit. A storm swept through here in Wisconsin Wednesday night and flipped and smashed his trailer. Had he kept insurance(which is fairly inexpensive on a trailer), he would have settled on the loss.
  • Caboose66 wrote:
    It does not sound like it's covered by the dealer because I am the owner.
    Have you asked the dealer?

    Perhaps if you pay more for the shipping they can pick it up sooner than 2 weeks.