You should never take anything for granted in this life, especially when it comes to insurance. A specialist in the world of insurance services has said that there are numerous drivers on the road with trailers who simply aren’t aware that that extra little vehicle on the back of their car isn’t covered by a standard motor insurance policy.
If damage occurs to the trailer, or it is stolen, or hits another vehicle, it could be that you are hit with a hefty bill as when you make a claim you discover you aren’t covered. This surprising claim comes from a company who should know. IPG Retail is not only an insurance provider but a specialist insurer for trailers. Trailer insurance cover is the fundamental part of their work and it is something that they have researched extensively. The fact that most standard policies fail to offer trailer insurance is something that has not escaped their notice.
‘We don’t mean to alarm people who own trailers but we feel that it is only right that they are made aware of the fact that their trailers may not have the cover they expect. In fact, their trailers may not be covered at all’, claims a representative from IPG Retail. ‘We have looked at many standard policies and the majority simply do not offer the cover that many owners believed they had. If you are a trailer owner, we definitely recommend you spend some time reading through your policy’s small print as we feel you could be in for a nasty surprise.’
Not being covered for trailer may not seem like a big deal but for someone who may heavily rely on a trailer for their business, this could be a potentially crippling omission and one that could leave the owner out of pocket to a substantial amount. Trailers, like any other piece of equipment these days, can be expensive and difficult to replace quickly. The team at IPG Retail claim that only policies like theirs can give you peace of mind.
‘Our policies are geared firmly at trailer owners so that means we cover every aspect. It means new for old insurance if your trailer is less than three years old, cover for replacement hire and cover for use in Europe. This is true trailer cover that you absolutely need.’