When you think of toys do you picture dolls and action figures, ponies and monster trucks? Or do you picture grown-up toys like ATVs, dune buggies, and watercraft like speed boats and jet skis, because these are the toys you want to insure. Compass Insurance serving Centennial, CO is here to help.

Toy Insurance Explained

Toy insurance is a type of insurance that covers your recreational vehicles and crafts like four-wheelers, fishing boats, snowmobiles and various other types of off-roading and seasonal machinery.

If the vehicle spends most of its time in storage, only coming out when the seasons change or the mood strikes, it likely qualifies for toy insurance. This helps keep you and your craft protected in case of an accident while in use. 

It comes is the same varieties as auto insurance:

• Liability Coverage

• Comprehensive and Collision

• Uninsured/Underinsured

• And Supplement/Additional Coverages 

Why You Need It

As with most toys, we tend to share them with friends and family. This can be fun for everyone, but when a user has an accident, gets injured or damages your toy, who pays for it? Toy insurance, hopefully. No one wants to have to foot the bill to repair or replace a broken toy.

Having the right type of toy insurance can help keep you, your friends and family and your toy out of the woods in case someone takes a spill. 

How to Get Toy Insurance

If you’re in or around the Centennial, CO area and you want to protect your toys you’ve come to the right place. Compass Insurance can help you find the right type of coverage for your toys with they’re in storage and when they’re in use. Talk to an agent today to learn more.

Customizing a motorcycle is fun but it may also be a significant investment. If you are making custom modifications of your motorcycle, be sure to inform your insurance agent at Compass Insurance serving Centennial, CO and the surrounding area.

How to Increase the Value of a Motorcycle with Custom Work

Custom work on a motorcycle adds value when the additions are more useful to others. For example, if the seat is worn out, installing a new one is an obvious improvement. New hand grips, a new headlamp, and turn-signal lights are very helpful improvements too. Other practical additions, such as a fly screen also add some value.

A new paint job should increase the value. However, be careful when doing custom paint jobs because beauty is in the eye of the beholder. You may love the dragon with flames painted on the gas tank; however, others may think it looks stupid. It is better to stay with solid colors with a bit of design flair in the racing stripes and trim but do not go overboard with a specific image.

The increase in the value of the motorcycle may not be enough to include the value of the labor to make the custom work. If the custom work is very expensive, then you may need to get a certified appraisal from an appraiser acceptable to the insurance company.

When possible, use original manufactured (OEM) parts. If you choose to install aftermarket parts, make sure they are high quality and as close to original parts as possible. Heavy customization with non-original parts might make the value of the motorcycle go down. If you change out original parts with custom parts be sure to save the original parts so that you can change them back when you a ready to sell the motorcycle if this helps get a better price for it.

Contact your agent at Compass Insurance in Centennial, CO to get a motorcycle review and a quote for motorcycle insurance.