Teams With Team Trailers: How is insurance handled?

[Analog]

Just wondering how teams are handling insurance with their trailers. I know that some teams are "owned" by their non-profit, and are insured through their non-profit. That would mean the trailer would be titled in the name of the non-profit.

I assume other teams' trailers are titled through the school system, but that would mean the trailer is "owned" by the school, which may or may not cause a loss of control of the trailer.

We would like to understand what teams are doing in this regard. Liability when the trailer is on the road in case there is an accident, or possible loss of trailer due to damage or theft would be of concern.

All comments are welcome - thanks.