As a grown-up, you love your toys and you want to take good care of them.  But if you live in Centennial, CO, you probably put your summer toys in storage during the winter, and your winter toys in storage during the summer. 

You may have wondered if you need to keep your policy effective while your toys are stored away. You may even be wondering if your property insurance through Compass Insurance might cover any damages that occur in the offseason. 

Maintaining Protection 

Whatever you decide, you need to make sure you have adequate protection. Most property insurance will cover some part of damages if you store your boat in the garage, for instance, but there will probably be a limit that isn’t close to the value of your boat.

Another thing you really need to consider is if you still have a loan on the item you need to insure. If your toy is the collateral for the loan, one of the conditions of the loan will be maintaining full coverage on the property. 

You Probably Won’t Save Money by Canceling for the Summer 

The insurance policy was probably already priced in such a way as to take into account the fact that the item won’t be used year round. Paying for just a few months will probably just cause you to incur a higher monthly rate. You can also get a discount for paying six months or a year at a time. 

If you want to find the best policy for your toys in Centennial, CO, you can see that there are a lot of variables. Call Compass Insurance today for a free quote. 

Before you can ride your motorcycle in Centennial, CO, you need to insure your vehicle. Colorado establishes some basic minimum requirements for motorcycle insurance. Using these requirements can help you figure out what type of motorcycle insurance you need, and what type of optional insurance you should consider. Compass Insurance can help you figure it out.

Colorado Minimum Motorcycle Insurance Requirements

In Colorado, you’re required to have liability coverage for your motorcycle. You need liability insurance for:

• Bodily injury to a person
• Bodily injury to multiple people
• Property damage

Liability coverage will help pay for injuries to passengers and others in an accident. Also, liability covers damage to another’s personal property in an accident. If you ride without at least the minimum coverage, you can face fines and other penalties.

Colorado’s Optional Insurance Options for Motorcycles

Minimum coverage leaves out a lot of potential eventualities. You can broaden your motorcycle coverage with additional insurance packages. Some examples include:

Collision and comprehensive coverage – Helps pay for damage to your own vehicle.

Medical payments coverage – Helps pay for your own injuries.

Uninsured and underinsured motorist – Helps pay for accidents with someone who has inadequate or no insurance.

Other insurance options exist for motorcycle coverage as well. Choosing motorcycle insurance that fits your specific riding activities is important for new riders and experienced ones.

Colorado’s Other Requirements for Motorcycle Riders

Beyond insurance requirements, note that motorcycle riders under 18 years old require a helmet when riding. Riders 18 and over do not require a helmet, but your insurance company will appreciate it if you wear one. Also, some form of eye protection is mandatory for all riders.

You need insurance and you need to carry proof of your insurance at all times in Centennial, CO. The minimum requirements are a good start, but consider adding more protections for yourself, your bike, and others. Contact Compass Insurance today for more information or a quote on motorcycle insurance.