Due to current circumstances we have noticed an increase in the amount of people cancelling or choosing not to renew their horse trailer insurance policies. We would advise our clients not to do this because the second biggest cause of horse trailer claims, after accidental damage, is theft, and theft can be more costly to clients as the trailer is unlikely to be recovered.
With many of us now spending more time at home than ever, due to the coronavirus outbreak, you might expect that thefts of items such as horse trailers would have stopped too. Unfortunately, however, this appears not to be the case. We have had two horse trailers reported stolen in just the past few days.
One of the trailers was stolen from a livery yard. Thieves will still be operating and are unlikely to be following the social distancing advice issued by the Government; sadly, they’ll more than likely be looking at less busy yards as an opportunity.
How to keep your trailer secure
Thefts are the second largest cause of horse trailer insurance claims that we receive. It appears likely that this will continue, despite current circumstances.
Whether your trailer is kept at home, at your yard, or elsewhere, we recommend that you continue to follow these three key steps at all times:
- Keep it insured – Even if your trailer is not going anywhere, you’re still at risk of it being stolen. We would strongly advise clients not to cancel their horse trailer insurance policies at this time due to the continued risk of theft.
- Use a wheel clamp, hitch lock or ball clamp – These are vital security measures that need to be in place in order to insure your trailer.
- Park it in a secure location – Ideally where it cannot be easily seen, and where there are people living on site or CCTV is in operation.
About SEIB
SEIB have been arranging horse insurance and horse trailer insurance for over 50 years. This experience allows us to tailor policies to suit your circumstances and ensure that you and your horses are covered should the worst happen.
We’re all going through this challenging period together, but SEIB are still here to help. So, if you would like to contact us about your insurances and to find out what the best course of action is to take, please do get in touch using the details on the Contact Us page of our website.
