We know you’ve been anxiously waiting for that warm spring day that you get to break out your motorcycles, boats, RVs and classic cars…
After a battery charge, a fluids check and a few other tasks, you’re ready to get back out on the road or the water. But, is your insurance policy ready, too? Maybe you had some custom work done last fall, reduced your coverage for off-season storage, or would just like to explore a better rate?
These are all important reasons to get in touch with your insurance agent before the boating, riding and exploring all begins again.
Whether you need to update a policy or buy a new one, here are 12 things to think about when it comes to selecting insurance for your toys:
Boats and Personal Watercraft
1. How you use it: The type of policy you need and your rate may change based on things like whether use your boat for recreational or commercial purposes or if there are multiple owners.
2. Standard coverages: Be sure to cover all the bases, including the hull, engine(s) and trailer. In some cases, the engine replacement cost is more than the hull. And, add your trailer if it needs coverage, too.
3. Equipment and extras: Be sure you understand how you’re covered and for how much when it comes to your equipment, such as fishing gear. Plus, consider whether you need added coverage for uninsured/underinsured boaters, passenger injuries, theft and other scenarios.
Motorcycles and More
4. How you use it: A bike used for racing or commercial purposes will require a different type of policy than one used for commuting or recreation.
5. Standard coverages: Your state likely requires you to carry liability coverage for property damage and injuries, to your passenger or others, you may cause while on your bike, scooter, ATV or snowmobile. And, of course, you want coverage for yourself and your ride if an accident were to occur.
6. Equipment and extras: Your safety apparel, such as helmets, boots and gloves, is often a significant investment. Check whether you have coverage and for how much. Then, think about coverage for roadside assistance and custom parts.
7. How you use it: Some people live in their RVs. Others only use them a few months each year. How you use yours, as well as things like its size and model, will affect your rate and other aspects of your policy.
8. Standard coverages: Much like insurance for your car, RV insurance can include liability, comprehensive, collision and uninsured/underinsured motorist.
9. Equipment and extras: Your RV is a home on wheels, so you no doubt have it filled with some pretty valuable stuff. Be sure your policy covers it all, and think about whether you want extras such as roadside assistance.
10.How you use it: If you take your car out for a spin only in warmer weather and store it in a secure location for the rest of the year, you may be able to reduce your coverage during the off-season and save on your premium. Or, you may commute daily in your vintage beauty or travel the country for car shows. Your policy and rate will change accordingly.
11.Standard coverages: While you’ll find many similarities between your standard auto insurance policy and an antique car policy, there’s oftentimes a key difference: agreed value. When you purchase your policy, your rate will be based on, among other things, the value that both you and your carrier agree your prized ride is worth. Then, if the worst happens and your collector car is totaled or stolen, you receive a payout for that amount.
12.Equipment and extras: If you carry a lot of tools or other personal property in your car, you’ll want to be sure your insurance policy will help cover them if they’re lost, stolen or damaged. And, for those times when you can’t get her running again, roadside assistance will come in handy.
With each type of insurance, discounts are often available for things such as taking a safety course, being an experienced operator or having an anti-theft device. We can see to it that you save with the appropriate discounts.
There’s no better feeling than when spring arrives and you get back behind the wheel of your favorite toy. It’s even better when you know you have the coverage you want for the toy(s) you love!
Call or stop in today to discuss coverage for your current toys or your new toys: 716-366-2744