Trailer Liability Insurance
I know many people on the lake are from Massachusetts where motor vehicle insurance is mandatory. You need your registration form (RMV 1) stamped by your insurance company prior to registering the trailer. However, the insurance companies do not charge you any additional fee for the trailer insurance, it is covered by the vehicle policy.
Assuming the trailer is being used for personal enjoyment (not commercial) the trailer will share the liability limits of the vehicle that is pulling it. That means if the pulling vehicle has a property damage limit of $100,000 the trailer will share that limit. It means the two combined have $100,000 to share. If the pulling vehicle has the minimum limit of $5,000 then they will share that. The same is true with Bodily Injury to Others. The pulling vehicle and trailer will share the limit. There is no additional charge for this. If you don’t own the trailer it doesn't matter. The MA policy extends liability coverage to any trailer you are pulling with a covered vehicle.
Different rules in different states!
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