Research updated May 2026 — verified NZ market data

Compare Trailer Insurance Providers in NZ

We've researched every major NZ trailer insurer so you don't have to. See accurate coverage details, liability limits, and quote methods — then let our brokers get you the best deal.

The Coverage Gap Most Kiwi Trailer Owners Don't Know About

Your car insurance likely only covers your trailer up to $750–$1,000. Most NZ car policies include what insurers call the “garden trailer rule” — limited cover for small utility trailers that gets stripped away the moment your trailer is unhitched.

❌ What car insurance usually covers

Third-party liability only while hitched. Own damage limited to ~$750–$1,000. Nothing when unhitched.

⚠️ Common gaps

Theft when parked. Fire. Accidental damage. Contents inside the trailer. Overloading voids all claims.

✓ Standalone trailer insurance

Covers the trailer 24/7, hitched or not. Agreed value payout. Fire, theft, natural disaster, and third-party liability.

Source: Quashed.co.nz independent NZ insurance research, December 2025. Policy wordings vary — always read your PDS.

Trailer Insurance Feature Comparison

Verified against current policy wordings. All five providers confirmed to offer standalone trailer/caravan policies — not just add-ons.

Note: As of May 2026, all five providers in this comparison require phone contact to obtain a trailer insurance quote. None offer a self-serve online quote tool for trailers or caravans. Our broker service submits your details once and gets quotes back from multiple providers.

AA Insurance

16× Most Trusted

Standalone Trailer Policy

Liability Limit$20 million
Comprehensive Cover
Third-Party Liability
Agreed Value Option
Natural Disaster Cover
Contents Cover
Roadside Assistance
Online Quote Tool

Best for: Everyday utility & box trailers

AMI Insurance

IAG Group

Separate Caravan + Trailer Policies

Liability Limit$20 million
Comprehensive Cover
Third-Party Liability
Agreed Value Option
Natural Disaster Cover
Contents Cover
Roadside Assistance
Online Quote Tool

Best for: Caravans & horse floats with contents

State Insurance

IAG Group

Standalone Trailer & Caravan Cover

Liability LimitIAG standard rates
Comprehensive Cover
Third-Party Liability
Agreed Value Option
Natural Disaster Cover
Contents Cover
Roadside Assistance
Online Quote Tool

Best for: Bundling with existing State home or car policy

Tower Insurance

Highest Liability

Caravan & Trailer Insurance

Liability Limit$25 million
Comprehensive Cover
Third-Party Liability
Agreed Value Option
Natural Disaster Cover
Contents Cover
Roadside Assistance
Online Quote Tool

Best for: Maximum liability protection

FMG Insurance

Rural Specialist

Rural Vehicle & Trailer Insurance

Liability LimitContact FMG
Comprehensive Cover
Third-Party Liability
Agreed Value Option
Natural Disaster Cover
Contents Cover
Roadside Assistance
Online Quote Tool

Best for: Horse floats, farm trailers & rural use

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Provider Profiles — What You Need to Know

Detailed breakdown of each insurer's trailer product, strengths, and limitations — based on current NZ policy wordings.

AA Insurance

16× Most Trusted

Standalone Trailer Policy

Third-Party Liability
$20 million

AA Insurance offers a dedicated standalone trailer policy — not just an add-on to your car insurance. Known as New Zealand's most trusted insurer for 16 consecutive years, AA covers trailers on agreed value with full third-party liability up to $20 million. Quotes are arranged by phone through their broker network.

Comprehensive CoverThird-Party LiabilityAgreed Value OptionNatural Disaster CoverContents CoverRoadside AssistanceOnline Quote Tool
Best for: Everyday utility & box trailers

AMI Insurance

IAG Group

Separate Caravan + Trailer Policies

Third-Party Liability
$20 million

AMI (part of the IAG Group) provides two separate products: a dedicated Caravan Insurance policy and a separate Trailer Insurance policy. The caravan policy includes contents cover for belongings inside — the trailer policy covers the trailer itself. Both include $20 million third-party liability and excess-free key replacement up to $1,000.

Comprehensive CoverThird-Party LiabilityAgreed Value OptionNatural Disaster CoverContents CoverRoadside AssistanceOnline Quote Tool
Best for: Caravans & horse floats with contents

State Insurance

IAG Group

Standalone Trailer & Caravan Cover

Third-Party Liability
IAG standard rates

State Insurance (also IAG Group) maintains separate policy wordings for trailers (document SI1058/8) and caravans (SI1057/9). As an IAG member, State Insurance shares the group's financial strength and claims infrastructure. State is strong on bundling discounts if you already hold home or car insurance with them.

Comprehensive CoverThird-Party LiabilityAgreed Value OptionNatural Disaster CoverContents CoverRoadside AssistanceOnline Quote Tool
Best for: Bundling with existing State home or car policy

Tower Insurance

Highest Liability

Caravan & Trailer Insurance

Third-Party Liability
$25 million

Tower offers the highest third-party liability limit in this comparison at $25 million. Their trailer/caravan policy covers collision, fire, theft, and natural disaster events. Optional contents cover up to $5,000 is available, plus accessories cover ($2,000–$5,000). All quotes are phone-based.

Comprehensive CoverThird-Party LiabilityAgreed Value OptionNatural Disaster CoverContents CoverRoadside AssistanceOnline Quote Tool
Best for: Maximum liability protection

FMG Insurance

Rural Specialist

Rural Vehicle & Trailer Insurance

Third-Party Liability
Contact FMG

FMG (Farmers' Mutual Group) is the go-to insurer for rural and farming New Zealand. Their Superior Private Vehicles policy covers horse floats, farm trailers, and caravans as part of a broader rural vehicle package. FMG works through a network of rural advisers — ideal if you want someone who understands farming operations and livestock transport.

Comprehensive CoverThird-Party LiabilityAgreed Value OptionNatural Disaster CoverContents CoverRoadside AssistanceOnline Quote Tool
Best for: Horse floats, farm trailers & rural use

Coverage Needs by Trailer Type

Different trailers carry different risks. Here's what matters most for each type.

Box & Utility Trailers

The most common type in NZ. Standard two-axle box trailers used for moving furniture, tools, garden waste. Typically lower values ($1,000–$8,000) — agreed value policies are ideal.

Boat Trailers

Single or tandem axle trailers used to transport trailer boats. Higher theft risk at boat ramps. Mariner-specific policies may cover the boat and trailer together under marine insurance.

Horse Floats

Specialist trailers with high values ($15,000–$80,000+). FMG Insurance dominates this segment with rural adviser expertise. Livestock welfare and breakdowns far from help are key risks.

Caravans & Camper Trailers

Highest average values and most complex coverage needs. Require contents cover for furniture, appliances, and personal items. AMI offers the most complete caravan-specific policy wording in NZ.

Car Trailers & Flat Decks

Used for transporting vehicles, machinery, and heavy equipment. Commercial use changes the risk profile — check whether your policy covers trade or business use explicitly.

Enclosed Trailers

Specialist trailers for motorcycles, gear, and equipment. Higher theft risk and often contain expensive contents. Contents cover is essential — standard trailer policies may not cover what's inside.

How to Choose the Right Provider

🏆 Best overall for most trailers: AA Insurance

New Zealand's most trusted insurer for 16 years running. Dedicated standalone trailer policy with agreed value and $20 million third-party liability. If you want the peace of mind of the most recognised name in NZ insurance, AA is the benchmark. Phone-only quoting via their broker network.

🚌 Best for caravans with contents: AMI Insurance

AMI is the only provider in this comparison with a fully separate, dedicated Caravan Insurance policy that includes contents cover as standard — furniture, appliances, and personal belongings inside your caravan. Also excess-free key replacement up to $1,000. Strong choice for full-timer or regular caravanners.

🛡️ Best liability limit: Tower Insurance

At $25 million third-party liability, Tower offers the highest limit in this comparison — useful if your trailer could cause significant damage in a serious accident (e.g., an unbraked caravan causing a multi-vehicle crash on a motorway). Optional contents cover ($5,000) and accessories ($2,000–$5,000) available.

🌾 Best for rural & horse floats: FMG Insurance

FMG is the clear choice for farming New Zealand. Their rural advisers understand horse floats, farm trailers, livestock transport, and the specific risks of rural operations. FMG doesn't just understand trailers — they understand the land and the lifestyle. Essential if you're covering a horse float worth $30,000+.

🏠 Best for bundling: State Insurance

If you already hold a home or car policy with State Insurance, bundling your trailer cover can unlock multi-policy discounts. State (IAG Group) maintains dedicated trailer and caravan policy documents and IAG's broad financial strength behind them. Ask about bundling discounts when you quote.

Important: price is almost never the only factor

Excess amounts, claim payment speed, policy exclusions (especially overloading, WOF compliance, and coupling security), and whether your insurer will pay agreed value or market value at claim time can make a $200/year premium difference irrelevant. Our brokers are trained to look past the headline price.

What Trailer Insurance Typically Covers

Standalone trailer insurance policies in New Zealand generally include the following events — but always check your specific policy wording (PDS):

Accidental Collision Damage

Damage from collisions while towing, including single-vehicle accidents and rollovers.

Fire & Explosion

Fire damage to the trailer whether hitched or stored. Includes electrical faults and arson.

Theft & Attempted Theft

If your trailer is stolen from your property, a campsite, or a public area. Applies hitched or unhitched.

Natural Disaster

Flood, earthquake, storm, and volcanic activity. NZ EQC-equivalent events covered by most standalone policies.

Third-Party Liability

If your trailer causes injury or property damage to others. NZ liability limits range from $20M to $25M.

Towing & Storage Costs

Some policies include emergency towing after an accident and storage fees while repairs are arranged.

Contents Cover (selected policies)

AMI (caravan policy) and Tower (optional add-on) cover belongings inside the trailer up to specified limits.

Accessories & Attachments

Tower explicitly covers accessories ($2,000–$5,000). Check whether awnings, annexes, or equipment are included.

⚠️ Common Exclusions to Watch For

  • WOF/rego non-compliance: If your trailer doesn't have a current WOF or registration, claims may be declined
  • Overloading: Exceeding your vehicle's towing capacity can void any claim — both your trailer and car policies
  • Coupling security: Trailer must be properly hitched — safety chains and couplings must be correctly fitted
  • Commercial use: Using a trailer for business or hire without declaring it can result in a declined claim
  • Contents (standard trailers): Most trailer policies (not caravan) exclude personal belongings inside the trailer

Get Quotes from All Providers in One Step

Because every provider requires a phone call to get a trailer insurance quote, going direct means five separate calls — each starting from scratch. Our brokers submit your trailer details once and come back with competitive quotes from the providers that best match your situation.

  • We contact all five providers (and more from our broker network) on your behalf
  • Quotes compared side-by-side — not just price, but excess, agreed value, and key exclusions
  • ICNZ-registered brokers who understand NZ trailer and caravan insurance
  • No obligation — compare then decide
  • Response within 24 hours on business days

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