Insurance question

Gdetrailer wrote:

...In reality there IS no "set in stone" NEED to insure EVERYTHING you own, in fact over insuring COSTS you much more than what the item is worth OR will ever hope to get back out of it.

True, but full coverage insurance offers a lot more than vehicle replacement. What happens when someone falls on your entry step and sues you? Since you aren't towing, you have no liability insurance.

Gdetrailer wrote:
Mine IS covered when towing by my vehicle insurance AND it is covered by my home owners insurance when parked at my home.

Possible, but highly doubtful. Most homeowner's insurance policies will not cover a "vehicle" at any time because a "vehicle" should have its own insurance. Your homeowner's insurance will cover your personal possessions inside the trailer.

You also should realize that all that camping gear you use is likely NOT covered as personal possessions because they are specific to the trailer use.

Gdetrailer wrote:

...Just good fiscal sensibility to EVALUATE your REAL insurance coverage "needs" instead of blindly over paying for unneeded insurance.

Absolutely true. I have discussed this with my insurance carriers. For the couple hundred dollars each of my trailers cost to insure, I consider it cheap protection. Replacement cost of the trailer is probably the smallest risk in not having insurance. The cost to replace other's property and cover other's medical bills are a far greater risk than replacing my trailers.