Summer’s Here, Enjoy Peace of Mind While Playing with Your Toys
Nothing is sweeter than spending summertime outdoors playing with your favorite toys. Taking your motorcycle for a short trip in the country, skiing or fishing with the family on your boat, or relaxing at your favorite state and national parks with your RV are all fun and games – until an accident happens.
Protecting yourself not only means having your vehicle in tip-top shape, but also having the right insurance to safeguard you during unpleasant circumstances.
When purchasing insurance for your toys, here are some important things you need to know:
Bodily Injury Liability
Bodily Injury Liability should be the top priority when shopping for your insurance.
If you cause a car accident that injured another driver, pedestrian or unrelated passenger, bodily injury liability helps pay for their medical expenses and lost income as a result of their injuries.
This liability does not include your own hospital fees or loss of income if you cause the accident. However, it does provide legal defense if you are sued over the accident by the injured party or their insurance company.
Property Damage Liability
Property damage liability usually aids in covering repair costs if you are at fault for an automobile accident that destroys another vehicle or property which includes
- Repair damage or destruction to other businesses, fences, houses, lamp posts, mailboxes, etc
- Auto body shop labor or parts replacement
- Legal expenses incurred for property damage claim
- Lost of income from business closure that your accident was assumed to cost
- Other recurring expenses from the destruction
Property damage liability excludes damage to your own vehicle. You should get collision coverage to shoulder the repair costs of your vehicle.
Uninsured/Underinsured Motorist Coverage
Uninsured motorist coverage insures you if you’re in a not-at-fault accident with an uninsured driver, including hit-and-run incidents. On the other hand, underinsured motorist coverage comes in when the at-fault drivers do have insurance, but the damages surpass the liability limit of their policy.
Watercraft and Boat Insurance
There are many options to look for when shopping for watercraft and boat insurance. Physical Damage Coverage gives protection to your boat, motor and trailer during an accident. There are other options like Watercraft Liability, Medical Payments, Equipment and Accessories and Emergency Service.
Taking trips with your toys can do wonders for your physical and mental health, but safety should not be compromised as you go on your adventures. Knowing you are protected can help ease your mind from worries so you can fully enjoy your time.
Got questions? Call Jon Derrick at 817-423-0048.