With sunny days and outdoor adventures back on the agenda, it’s time to gear up for summer fun! Whether you’re planning days spent boating, jet skiing, ATVing, or RVing, or hitting the open road on two wheels, it’s essential to ensure your summer “toys” are adequately insured. In this blog, we’ll delve into why having the right insurance coverage is crucial and provide some vehicle-specific guidance to help you stay protected.
Unpredictable Weather:
Summer weather can be unpredictable, with Mother Nature sometimes throwing unexpected curveballs like severe storms, floods, or hail. Insurance acts as a protective shield to ensure you’re covered, no matter what the summer weather brings.
Vulnerability:
Theft, vandalism, and accidents can happen at any time, even during the summer months. Adequate insurance coverage guarantees a stress-free summer, knowing you’re protected against unexpected mishaps.
Home Insurance Exclusions:
Most home insurance policies exclude coverage for motorized vehicles. Specialized policies are required to ensure comprehensive protection for your summer toys.
Financing Obligations:
If you finance or lease any of these items, maintaining insurance is often a requirement, even if specific states don’t require it. It’s crucial to ensure you meet your financing obligations by having the right insurance coverage in place.
Now, let’s dive into some vehicle-specific guidance:
Motorcycles:
Home and auto policies don’t cover motorcycles. You’ll need a motorcycle insurance policy, with premiums based on factors like your bike type and driving record. It’s essential to have the right coverage to protect yourself and your bike on the road.
ATV’s:
ATV insurance offers similar coverage options to motorcycle insurance, with potential savings for installing safety features. Ensuring your ATV is properly insured provides peace of mind while enjoying off-road adventures.
Boats:
Consider an actual cash value policy for affordability when insuring your boat. Smaller watercraft may be covered under your homeowner’s policy, but it’s crucial to review your coverage to ensure adequate protection. Additionally, storing your boat in a safe and secure location when not in use helps prevent theft and damage.
RVs:
Different types of RVs require varying insurance coverage. Your premiums may be influenced by how you use your RV, whether for full-time living or occasional recreation. It’s essential to have the right coverage tailored to your RV usage to protect your investment and enjoy worry-free travels.
If you’re interested in more information or know someone who recently purchased one of these vehicles, please know that we are here to help. Feel free to reach out anytime or share our information with others in your network. Our team can be reached at 617-298-0655 and are dedicated to ensuring you have the right insurance coverage to enjoy a fun-filled, worry-free summer.
