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Re: Teams With Team Trailers: How is insurance handled?
In Canada anyway, the liability coverage of the tow vehicle extends to the trailer. However, if desired, you would need to purchase additional coverage to insure the contents and trailer itself for damage. But on a $4000 trailer, why even pay insurance? Over a period of a few years you will be paying more than the trailer is worth. I really don't see why any team needs a trailer. You can go out and rent a enclosed Uhaul box trailer for $19.99 a day. Why even bother with shelling out thousands of dollars and then paying for the registration, maintenance, legalities etc only to use it a couple times a year? $4000/3($19.99) = 65 competitions!
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Mentor, Team 2013 Cybergnomes 2010 - 2014, 2016
Mentor, Team 3756 RamFerno 2011 - 2013
Mentor, Team 854 Iron Bears 2005-2007
Founding member, Team 854 Iron Bears 2000-2005
Mech.Eng.+Mgt University of Ontario 2009
B.Ed OCT Trent University 2015
Professional Education and Product Knowledge Consultant - Toyota Canada Inc.
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