New Orleans, LA, residents know first-hand the many types of damage a hurricane can cause. Does your recreational insurance protect your boat from wind damage? Does it protect your ATV from flood damage? In this Multisurance blog, we’ll consider the perils covered by recreational insurance and how you can add optional coverage for improved protection.
Protecting Your Financial Investment in Your Recreational Toys
The state-mandated liability insurance on your RV covers other drivers on the road. Only by adding comprehensive and collision coverage to the recreational policy do you receive coverage for damages to it. Collision and comprehensive recreational coverage protect your financial investment in your boat, RV, ATV, Seedoo, etc.
Comprehensive Coverage
Comprehensive coverage pays for damage to your recreational toy when specific perils damage it. Typically, it covers your loss from theft, fire, vandalism, falling objects, glass breakage, and weather-related damage, such as wind, tornado, lightning, etc. You choose your deductible when you set up your policy. Once you pay the deductible to the repair shop to fix the damage, the insurance company pays the rest.
Collision Coverage
Collision coverage protects your RV, boat, and other land or watercraft in any collision. If you cause an accident, it pays for the repairs to your recreational toy. If someone uninsured damages your toy in an accident, it covers the repairs. Collision also covers damage caused by a single-vehicle accident and an animal, such as a deer running out in front of your ATV.
Other Optional Insurance Coverage
Recreational insurance also offers many other ways to protect your toys. Consider the following optional coverage types:
- Replacement cost personal effects
- Total loss replacement
- Recreational vehicle medical payment coverage
- Special windshield deductible
- Vacation liability
- Emergency expenses
- Medical payments
- Cost replacement for fishing equipment
- Wreckage removal
- Fuel spill liability
- Cost replacement for personal effects
- Roadside/Boatside Assistance.
Recreational insurance offers many options, so you can build a policy that perfectly protects your liability and physical property and pays your medical bills if you’re injured in an accident.
Contact Multisurance Today
Don’t wait! Contact Multisurance today for a recreational insurance review. Let us help you fully insure your recreational toys in New Orleans, LA.
