Insuring Recreational Vehicles
If you enjoy an ATV, a boat, a camper, a golf cart, a jet ski or a snowmobile - consider the following coverages before taking your recreational vehicle out to play!
Protecting yourself, your passengers & others
You can be covered in these three ways;
Liability - covers injuries and damages to others, caused by you
Medical Payments - covers both medical bills and funeral expenses for you and your passengers, regardless of fault
Uninsured Motorists & Underinsured Motorists - covers your legal fees and injuries caused by another person
Protecting your toys
These apply to recreational vehicles that are in use, being stored or in transit (usually with a deductible);
Comprehensive - also known as "other than collision", covers damage caused by fire, hail, theft, vandalism and animal collisions
Collision - covers damage caused by other vehicles
Do You Need a Separate Policy?
Know if your state requires your type of recreational vehicle to have coverage or a separate policy. Often times, other policies do not have adequate coverages or limits which may be a reason for a separate policy. You also may need to consider a separate policy if where you store the vehicle and where you use it are in different states.
Do You Need Year Round Coverage?
When your vehicle is in storage, comprehensive coverage is a good idea to protect it from off-season damage. Discounts often apply to policies that have recreational vehicles on them, so taking coverage off may eliminate other discounts. The hardest thing about only having seasonal coverage is remember to take it off and put it back on, so if you plan to do this - be sure you set a reminder!
The use of recreational vehicles tends to involve accessories. Be sure to have those items specifically covered as well. Trailers, life jackets, helmets, covers, etc. are all things to consider listing specifically on your policy. Not specifically listing them could mean they aren't covered, even if the vehicle is!