What is Toy Insurance and Why Do I Need It?

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.