The term toy insurance probably sounds misleading. Fuhriman Insurance Agency of Boise, ID is here to explain its meaning. It refers to policies that cover grown-up toys like RVs, jet skis, golf carts, and dune buggies.
Toy insurance, also known as recreational vehicle insurance, covers a plethora of items for both liability and physical damage. It is actually a category of insurance. The items covered include:
- all-terrain vehicles (ATVs),
- antique vehicles,
- classic vehicles,
- dune buggies,
- golf carts,
- personal watercraft,
- sailboats ( to 40’ and 200 horsepower),
- watercraft (up to 26 feet).
You might notice that the category of the toy does not just cover land vehicles, but watercraft, too. This category is what small boat insurance falls under.
Unlike auto insurance, there are no state minimums. You do need insurance for these though, especially to cover liability. While you can pick up a golf cart or dune buggy for less than $4,000, the cost of medical care after an accident on one can be significantly greater. Accidents on ATVs and other recreational vehicles can cause more damage because most riders do not wear helmets, according to a study conducted at Memorial University. These accidents can result in serious head trauma and neck/spine injuries.
Fuhriman Insurance Agency of Boise, ID wants you to ride safer. Always wear a helmet when you ride an ATV or a life jacket when on your boat, and always carry toy insurance. The policy sounds fun, but it provides serious coverage you need. It pays your medical bills in case you’re in an accident on your toy, plus pays to replace it.