Questions To Ask When Considering Horse Trailer Insurance

If you want to have peace of mind and deal with a crisis, we suggest that you have a horse trailer insurance. To make sure you have the right coverage, we suggest that you do your research and choose the right provider. Given below are some important questions that you may want to ask your agent when choosing the best horse trailer insurance. Read on to know more about horse trailer insurance.

1. Comprehensive coverage

This is a common misconception that most horse trailer owners may have. The thing is that the insurance covers only the liability, and it won’t provide coverage in case of theft or damage. Apart from this, there will be no coverage if the property of someone else gets damaged. In the same way, no claim can be made if a loss happens due to the will of god.

For your trailer protection, you may want to ask the insurance agent regarding collision and comprehensive coverage. The majority of insurance providers just include an endorsement in your current policy in order to extend the collision and comprehensive coverage. Please note: this will be a minor annual expense.

2. Trailer contents coverage

Your responsibility is to protect your trailer as well as the content inside it. You may want to talk to your insurance agent to find out if the contents of the trailer are also insured as damage to the contents may also cause a good deal of loss.

Also, you may want to keep in mind that the trailer content includes the gear and equipment, not the horse. If you want to insure your house as well, we suggest that you get in touch with a local insurance provider.

3. Break down

In life, we learn a lot of things the hard way. This may happen to you as well. For instance, some insurance providers may tow your vehicle right away if you have a breakdown; however, they will not provide roadside service.

Having a horse trailer on a highway side is stressful, especially if you have no way to get it transported to a safe area. Therefore, we suggest that you ask your insurance provider if your horse and trailer gets coverage for breakdown services. If they don’t provide this service, you may consider another insurance provider.

Benefits of Bike Insurance Online Renewal

According to the law, third party insurance is mandatory for two-wheelers. However, the policy could be extended to protect the vehicle and the motorist in case of any accident, damage due to natural disasters like fire, storm, flood or man-made disasters like burglary, strike, theft etc. by opting for a comprehensive insurance policy.

Buying a Two-Wheeler Insurance Policy Online
Two wheeler insurances are annual contracts and it requires to be renewed every year. This will protect you from third party claims in case of any accident and help you to stay protected financially and health-wise in case of accidents, natural calamities and if the vehicle gets totalled. At the current digitised age, it is just few clicks away to go for Bike insurance online renewal and the process is quick and hassle free.

The benefits of renewing your policy online includes:

1) Get the renewal done online at your convenience.

Since the prior policy data is already entered in the database during the previous purchase, it is minimal effort to fill up for the renewal policy.

While renewing your policy:
• Check the accuracy of data like Insured Declared Value or IDV of the car, your No Claim Bonus, etc.
• Check if additional features are needed to be included in the renewal policy like riders, etc.
• Pay the premium by using debit or credit card
And you are through. This makes bike insurance online renewal really quick and convenient!

2) You receive policy instantly.

Unlike earlier time when the policy used to be mailed to the insurer and took several days to reach, now as soon as you make an online payment for policy renewal, digitally signed policy is issued to the customer instantaneously as a PDF document. You can save it on your system as well as take a print out and retain the hard copy also.

A printout of the policy is as good as the original one and the authenticity of the same does not vary. Also, there is no delay between the premium payment and receiving the policy document. So, even if you renew your policy at the last minute, you can continue to enjoy riding your two-wheeler without having to worry about your policy bond.

3) Selection of coverage.

For two wheelers, taking a third-party insurance is mandatory as per Motor Vehicle Act 1961. This makes the vehicle owner protected from third party claim in case of any accident.

However, the owner can opt for comprehensive coverage to protect self and the vehicle in case of some unwanted happenings. Additional coverage for pillion rider and zero depreciation or enhanced coverage for accessories and spare parts are also possible while renewing policy online. Additional coverage takes little extra cost but goes in the long way towards protection.

So, if you opt to renew your policy online, you have the advantage of weighing the pros and cons of the riders and its benefits vis-à-vis the cost and then opt for the plan which best suits your needs!

4) Getting the best quote.

Traditionally people used to renew their two-wheeler insurance policy with the same person that he had purchased it from. This was due to the sheer convenience.

However, with the advent of online renewal of your existing two-wheeler insurance policy, you can now compare the various plans offered and then opt for the one which gives you the best option as per your cost-benefit analysis. You do not need to depend solely on your advisor and trust that he is providing you the best quote. The same can be verified online as well!