During winter, snowmobiling is a popular outdoor activity for residents of Erie, CO. While homeowners’ insurance often covers recreational equipment like canoes and bicycles, you may wonder if it also protects your snowmobile. Although it offers very limited coverage under specific circumstances, a separate insurance policy provides far greater benefits and peace of mind.
What Homeowners Insurance Covers
While home insurance may cover non-motorized vehicles like kayaks, it typically does not insure most motorized vehicles, including snowmobiles. This means your snowmobile won’t be protected, even if it’s parked on your property. However, the liability coverage in your homeowners policy may cover medical expenses if someone is injured while riding your snowmobile on land you own.
Why You Need Toy Insurance
To protect your snowmobile from damage and gain better liability coverage, you’ll need toy insurance. This type of policy is designed to insure small motorized vehicles, such as snowmobiles, dirt bikes, and ATVs. At a minimum, toy insurance includes liability protection, which is essential if you cause an accident that injures someone else.
Optional comprehensive or collision coverage can also be added to your policy. Comprehensive insurance covers non-collision losses, such as fires, vandalism, theft, and hail damage. Collision insurance, on the other hand, allows you to file claims for damage caused by hitting another vehicle or inanimate objects. If you’re financing your snowmobile with a loan, most lenders will require comprehensive and collision coverage.
The right toy insurance depends on the condition of your snowmobile and how you use it. Advantage Service Insurance can help you select the best coverage and compare policies from multiple insurers. Our independent agency in Erie, CO, makes it easy to insure your snowmobile quickly and effectively. To get started, contact Advantage Service Insurance at 303-500-5020 today.
