So what’s the safest way to transport snowmobiles, motorcycles, and other recreational vehicles? You might answer a flatbed trailer since it’s spacious and won’t cause scratches. But then again, let’s not forget that the load is highly exposed.
Another option is a cargo trailer. Anything inside it is safe during the trip. But still, space might be an issue.
That said, the best option might be a toy hauler. Manufacturers design their interiors to be spacious. As for the exterior, the sides are equipped with sturdy frames and cover panels. Think about toy hauler insurance if you’re planning to get a toy hauler. Here’s a guide that might help.
Most states require you to have liability insurance coverage on any vehicle you drive. You purchase this as a policy in commercial auto insurance. Property damage liability coverage covers the cost of damages to someone else's property that resulted from an accident you caused. That could include an accident that you caused due to falling asleep behind the wheel or an accident caused because you failed to follow the rules of the road, grew distracted, or had any other type of incident.
Bodily injury liability coverage covers the cost of medical expenses associated with an accident you caused. Coverage applies on the hospitalization and treatment of the injured person. However, after an accident, insurance companies will generally calculate the value of the two types of claims separately.
Toy hauler liability insurance will cover the cost of damages to someone else's vehicle, or the injuries someone else have suffered. However, liability insurance generally will not cover the cost of damages to your toy hauler or its contents.
As we said earlier, a liability policy doesn’t take care of damages to your toy hauler. A toy hauler is expensive without a doubt. That’s why an insurance policy that saves you from repair expenses is useful.
Physical damage coverage is what you’re looking for. This is available as a collision policy and comprehensive policy. So how do these differ?
Collision physical damage coverage, as the name implies, will cover repair expenses if your toy hauler gets damaged after colliding with a vehicle or an object. The payout you get will depend on the limits stipulated in the policy document.
On the other hand, comprehensive physical damage coverage covers repair costs if damage is caused by any incident except collision. Examples are lightning, falling objects, fire, theft, or vandalism. Note that vermin and normal wear and tear are excluded.
Only a few can purchase a toy hauler outright. Just like most, you might be availing this type of trailer under an RV loan provided by a bank or financing institution.
The greatest nightmare when owning a loaned toy hauler is if it gets totaled or successfully stolen. After all, even if the toy hauler isn’t there anymore, you’re still expected to pay the monthly obligations for it.
Purchasing GAP insurance is an easy way to relieve yourself from such stress. So how does this work? In case your toy hauler becomes totaled or successfully stolen, GAP insurance will cover the remaining obligations you have. The amount you receive is equal to the actual cash value of your toy hauler minus its depreciated cost.
As we said, a toy hauler can be used to transport recreational vehicles such as motorcycles and ATVs. Considering that these things are costly, you want to protect them during the trip. An insurance policy that best serves this purpose is replacement cost personal effects coverage.
Replacement cost personal effects coverage will reimburse the actual cash value of the ATV, motorcycles, and any other valuable stored inside the toy hauler if an accident happens. You purchase this as a floater.
Note that objects you do not own but are currently inside the toy hauler aren’t covered. It might be possible for you to get an endorsement that addresses this gap.
An accident can happen while you’re inside the toy hauler. The thing is liability insurance only covers the bodily injuries of third parties, and it doesn’t protect you. One way to solve this coverage gap is to purchase uninsured/underinsured motorist coverage.
Some people have the guts to drive a vehicle without insurance. And in case your toy hauler gets involved in an accident caused by such people, uninsured/underinsured motorist coverage will cover medical treatment if any person inside sustained injuries.
Medical payments coverage, just like uninsured/underinsured motorist coverage, can cover the medical treatment of persons inside the toy hauler that got hurt when an accident happened. The only difference is that coverage applies regardless if the accident is your fault or is the fault of another driver.
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| CoverWallet | NEXT (Best) | Thimble | Hiscox | The Hartford | |
|---|---|---|---|---|---|
| Per occurrence limit | $1,000,000 | $1,000,000 | $1,000,000/$2,000,000 | $300,000/$1,000,000 | $1,000,000/$2,000,000 |
| Aggregate limit | $2,000,000 | $1,000,000/$2,000,000 | $1,000,000/$2,000,000 | $300,000/$2,000,000 | $1,000,000/$2,000,000 |
| Products and completed operations aggregate limit | $2,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Advertising injury coverage aggregate limit | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Tenant’s legal liability coverage limit | $100,000 | $100,000 | $5,000 | $100,000 | $1,000,000 |
| Waiver of subrogation included? | Yes | No | Included | Can be included | No |
| Hired/non-owned auto liability coverage included? | Yes | No | Excluded | Can be included | Can be included |
| Equipment breakdown floater included? | No | Yes | Yes | Can be included | Can be included |
General liability insurance is useful if you’re running a toy hauler equipment rental business. This covers costs if a renter sustains bodily injuries or property damage because of the toy hauler you provided. Costs covered are medical treatment, property damage reimbursement, legal defense, and court judgments. Use the table above to see which insurance company offers the best general liability insurance for toy haulers.
| CoverWallet | NEXT (Best) | Thimble | The Hartford | Hiscox | |
|---|---|---|---|---|---|
| Building coverage limit (minimum) | $50,000 | $340,000 | $25,000/$500,000 | $35,000 | $25,000 |
| Contents coverage limit (minimum) | $50,000 | $35,000 | $25,000/$500,000 | $35,000 | $15,000 |
| Outdoor signs | Excluded | $2,500 | Excluded | Excluded | Included |
| Accounts receivable | Excluded | Excluded | $5,000/$10,000 | Excluded | Included |
| Money and securities | Excluded | $2,500 | $1,000 | Excluded | Included |
| Lock and keys | Excluded | $2,500 | Excluded | Excluded | Included |
| Business interruption floater | Excluded | Included | Included | Excluded | Included |
| Equipment breakdown floater | Excluded | Included | Excluded | Excluded | Included |
| Inland marine insurance floater | Excluded | Excluded | $10,000 | Excluded | Excluded |
| Employee dishonesty floater | Excluded | $5,000 | $2,500 | Excluded | Excluded |
Commercial property insurance protects the physical assets of your toy hauler rental business against fire, theft, vandalism, and other related perils. This will cover your losses based on the actual cash value or replacement cost of the covered item. Having commercial property insurance is a good way to insure the survival of your business even if disasters strike. Use the table above to see which insurance company offers the best commercial property insurance for toy hauler rentals.
| CoverWallet | NEXT (Best) | Thimble | The Hartford | Hiscox | |
|---|---|---|---|---|---|
| General liability aggregate limit | $2,000,000 | $1,000,000/$2,000,000 | $1,000,000/$2,000,000 | $1,000,000/$2,000,000 | $300,000/$2,000,000 |
| Commercial property coverage limit | $50,000 | $320,000 | $25,000/$500,000 | $35,000 | $75,000 |
| Optional policies can be added? | Yes | Yes | Yes | Yes | Yes |
| Name additional insureds for free? | Yes | Yes | Yes | Yes | Yes |
| BOP discount? | Yes | Yes | Yes | Yes | Yes |
A business owner’s policy combines general liability and commercial property insurance. This helps you save money. After all, a business owner’s policy is much cheaper than buying general liability and commercial property insurance individually. Moreover, optional policies might become available such as hired/non-owned auto liability coverage, customer property coverage, and more. Use the table above to see which insurance company offers the best business owner’s policy.
| NEXT | Thimble | Hiscox | |
|---|---|---|---|
| Aggregate limit | $3,000/$10,000 | $2,500/$5,000 | $15,000/$25,000 |
| Covers hired and borrowed equipment? | $3,000/$10,000 | $2,500/$5,000 | No |
| Miscellaneous equipment also covered? | $5,000/$10,000 | No | Yes |
| Offered as an endorsement to general liability insurance? | Yes | Yes | Yes |
| Deductible | $500 | $500 | $0 |
Tools and equipment insurance can cover repair or replacement expenses if your toy hauler and other business equipment gets damaged or destroyed because of fire, theft, vandalism, operator error, mechanical breakdown, and other covered perils. You can purchase this as a stand-alone policy or as an add-on to general liability insurance. Use the table above to see which insurance company offers the best tools and equipment insurance.
| Cost per Month | Cost per Year | Deductible | |
|---|---|---|---|
| General liability insurance | $58 | $696 | $0-$500 |
| Professional liability insurance | $60 | $720 | $500-$1,000 |
| Commercial property insurance | $73 | $876 | $1,000-$2,000 |
| Business owner's policy | $90 | $1,080 | $1,500 |
| Commercial auto insurance | $59 | $708 | $500-$1,000 |
The cost of toy hauler insurance may depend on a number of factors. The average toy hauler insurance cost is $58 per month or $696 per year for a $1 million general liability policy. Here’s a table showing the rates of the best companies:
| Cost per Month | Cost per Year | Best for | |
|---|---|---|---|
| NEXT | $38.32 | $459.84 | Best overall; Fastest general liability insurance for toy haulers |
| CoverWallet | $42.83 | $513.96 | Comparing insurance quotes for toy hauler online |
| The Hartford | $46.50 | $558.00 | Specialized coverage for toy hauler |
| Tivly | $47 | $564 | Comparing toy hauler insurance quotes over the phone |
| Thimble | $48 | $576 | Short-term general liability insurance for toy hauler |
| Hiscox | $49.80 | $597.60 | Toy hauler insurance that automatically renews every year |
| Geico | $54.25 | $651.00 | Ensuring that you have full insurance coverage for your toy hauler, toys, and vehicles |
| Progressive | $79.51 | $954.12 | Low-cost insurance coverage |
| State Farm | $81 | $972 | Responsive support from your insurance team |
For RVs and other large toy haulers that serve as both residence on wheels and trailers for transporting motorcycles, ATVs, and other vehicles, insurance can range between $1,000 and $3,000 per year. Take a look at these common factors that may influence your toy hauler insurance costs:
The value of your toy hauler, often influenced by its size and type, can have a significant impact on the insurance costs you can expect. Toy hauler collision insurance or comprehensive insurance may depend on how much insurance coverage you need. If you need to insure a large RV, for example, you may end up spending much more on your insurance than if you need to insure a smaller vehicle.
Annual insurance premiums on a toy hauler may depend on how much use it sees. If you only take your toy hauler out a couple of times per year, you may find yourself paying far less for insurance than if you take it out every weekend regardless of the season.
What coverage do you want on your toy hauler? If you carry collision insurance or comprehensive coverage, it can cause your insurance costs to increase substantially. It's important, however, to make sure that you have the right toy hauler insurance coverage. Evaluate:
You may want to make sure that you have comprehensive coverage that will ensure that you can repair your vehicle regardless of what causes the damage.
How much coverage you need for your toy hauler
What you plan to haul in your toy hauler. Sometimes, you may need your toy hauler insurance to cover the cost of damages to its contents
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These are the best toy hauler insurance companies. Read to know their pros, cons, and rate for a $1 million general liability insurance.
Best overall
Issues an online proof of insurance instantly
Fastest general liability insurance for toy haulers
Great customer service and reputation
Excellent rates
Outstanding value for money
Get a 10% discount if you buy two or more policies
Couldn’t find any
NEXT doesn’t have a toy hauler insurance package. However, you can purchase this company’s commercial auto, general liability, and other business insurance policies found in its equipment rental insurance package. Work with NEXT because it streamlines the insurance process by immediately giving online quotes. Policy limits are already determined so that you don’t need to figure out how much coverage to have.
Best for: Best overall; Fastest general liability insurance for toy haulers
Average cost: $38.32 per month
Our rating: 10/10
Compare toy hauler insurance quotes online
Cancel your coverage anytime with no charges
Buy a quote online or with the help of an agent
Not an insurance company but an insurance broker
CoverWallet can cover your toy hauler using the general liability, commercial property, tools and equipment, and other business insurance policies of its partners. To get covered, you need to use this company’s online quotes comparison tool by providing some basic information. You can also call an agent to get a quote. Consider CoverWallet because it enables you to quickly manage policies through its online dashboard.
Best for: Comparing insurance quotes for toy hauler online
Average cost: $42.83 per month
Our rating: 10/10
Hired/non-owned auto liability coverage automatically included to general liability insurance
Waiver of subrogation automatically included to general liability insurance
Number 2 best company for workers compensation insurance
Has insured millions of small businesses
There might be hidden charges
The Hartford hails itself as an Ethisphere award. It also prides on being one of the top companies for workers compensation insurance. Go for The Hartford if you want specialized coverage as it can underwrite or customize policies according to your needs. You can purchase general liability insurance, commercial auto insurance, tools and equipment insurance, commercial property insurance, and other products from this company.
Best for: Specialized coverage for toy hauler
Average cost: $45 per month
Our rating: 10/10
Compare toy hauler insurance quotes over the phone
Responsive customer service
A partner of many reputable companies such as NEXT, The Hartford, and Thimble
Doesn’t issue online quotes
Tivly’s toy hauler insurance offers general liability, commercial property, commercial auto, and business owner’s policy. You need to call a Tivly representative to get a quote. Note that your coverage isn’t made by Tivly itself. Instead, your insurance is sourced from several partners. Nonetheless, Tivly is a good option because it will grant coverage regardless of how poor your business profile is.
Best for: Comparing toy hauler insurance quotes over the phone
Average cost: $47 per month
Our rating: 10/10
Short-term coverage can help bridge the gap when you do not have insurance coverage during a specific period of time
Floaters can be added to general liability insurance
Quick to issue an estimate of your rates
Online-only customer support, with no phone assistance
Consider Thimble if you’re looking for short-term and long-term coverage for your toy hauler business. This company’s general liability insurance can be bought as an hourly, daily, weekly, monthly, or yearly policy. Thimble also sells a business owner’s policy. But note that this isn’t available if you don’t own the commercial space where your business is operating.
Best for: Short-term general liability insurance for toy hauler
Average cost: $48 per month
Our rating: 9/10
Online claim filing and tracking
In-house insurance adjusters, which help ensure faster processing on a new policy or claim
Worldwide coverage
Automatic policy renewal
Slow to process claims
Hiscox grants general liability insurance and business owner’s policy for toy hauler businesses. Both policies can be added with floaters Moreover, limits are also customizable. The best thing about Hiscox is that your liability coverage offers worldwide protection. Moreover, your policy overall automatically renews every year. Hiscox doesn’t offer its coverage for toy haulers online and you’ll need to talk to an agent.
Best for: Toy hauler insurance that automatically renews every year
Average cost: $49.80 per month
Our rating: 9/10
Available multi-car discount
Discounts for modern vehicles, including toy haulers, that contain better safety features
Offers bundles for multiple policies, which many people with toy haulers will need
May not be as responsive as you hope immediately after a collision
GEICO is a well-known insurance company trusted by many people. It provides solid deals on auto insurance, including toy hauler insurance. Furthermore, GEICO provides insurance bundles that work very well for many people, who may need several types of auto insurance coverage.
Best for: Ensuring that you have full insurance coverage for your toy hauler, toys, and vehicles
Average cost: $54.25 per month
Our rating: 9/10
Comprehensive insurance coverage for your toy hauler, including the potential for full replacement if needed
Accident forgiveness for claims under $500
Extensive insurance options
Sometimes not responsive immediately after a collision
May not cover the full cost of damages, depending on the extent of your policy
Progressive offers reasonably-priced insurance policies and affordable options that can make it easier for you to cover the cost of insurance for your toy hauler. Progressive is your best bet for a comprehensive commercial auto insurance coverage. This company also sells other policies. However, they might be sourced from partners.
Best for: Commercial auto insurance for toy hauler
Average cost: $79.51 per month
Our rating: 9/10
Affordable
Responsive
Accident forgiveness for low-cost claims
Variety of insurance and coverage options
May be more expensive than other providers
State Farm offers reasonably-priced insurance for a variety of potential disasters, including comprehensive and collision insurance. State Farm may also allow you to bundle insurance coverage if you have more than one policy through the company.
Best for: Responsive support from your insurance team
Average cost: $81 per month
Our rating: 9/10
Do you need insurance for your toy hauler? Make sure you have the right coverage for your needs and your budget! Click the “Get Quotes” button on this page to start comparing toy hauler insurance quotes today.
This place is an absolute joke of a company and should be ashamed of the way they conduct business. I was hurt on the job at the end of July and it took them just shy of 7 weeks to issue out a paycheck to me. Yes the amount was back dated but still. Not many have the luxury of not receiving a paycheck for almost 2 months. To top it all off, the original adjuster marked me down for the wrong state which caused a problem from the get go, I've had 3 different adjusters now since each one can't seem to figure out the simplicity of my claim. All my paperwork which includes, my job, house, and drs visits all are from the same state and city but yet some how I have been filed under a completely different state 1500 miles away. They do not answer your phone calls or emails no matter how many you leave. I've had to escalate my frustrations to the supervisors of each of these individuals in order to even get some kind of response. I've had more communication and information given to me about my claim from the customer service representatives then the actual adjusters.......... please tell me how that works?! A serious overhaul needs to happen here in order to serve your clients the way they deserve to be taken care of. 10/10 do not recommend this company to a single soul on earth
I have never had the displeasure of working with a more incompetent and disrespectful person in my life. I’m an injured worker and the adjuster that was assigned to my case was named Carrie Furgeson. In the past 6 weeks that I’ve been injured and out of work I have only been able to get ahold of her twice, not for lack of trying. I have left countless voicemails, countless emails, and she ignores them all. When I am finally able to get ahold of her I’m greeted with terrible customer service. She is rude, she talks over me and I’m hardly able to get a word in edgewise. She spelled my name wrong on my documents even after I spelled it for her properly countless times, this caused a whole new issue with my bank. I have bill collectors from the hospital calling me demanding payment and Carrie Furgeson won’t do a single thing to help, or to get them paid. All of my documentation is in Colorado, my job is in Colorado, my address is in Colorado, all my Dr offices and appointments have been in Colorado and Carrie still managed to hold my claim because she wasn’t sure what state she needed to file it under. It’s been 6 weeks since my Injury and my company still hasn’t received the wage paperwork to fill out so they can get me my correct wages. When she’s not ignoring me she’s answering my questions with “I don’t know” well I don’t know how she got this job, because apparently she doesn’t know anything about it. She is a disgusting morose individual inside and out and I genuinely wish her the worst in all of her future endeavors. I highly recommend you don’t use this company. Please if you are a business owner and your looking into this company please don’t use them. I’m sure they have the cheapest payment and that’s why companies use them in the first place, but you will be doing your employees a grave disservice by forcing them to venture into this absolute dumpster fire of a company. I would rate 0/5 if possible but 1 was the lowest I was allowed.
Their general liability insurance purchase process is simply the best online experience I've ever had in my life!
As long as they cover your line of business, you're literally covered! best rates, best coverage, best online experience, best professionals, can't be happier that I chose them!
It really can't get any better than this... wow
Not all those who wander are lost.
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