Living in the Centennial, CO area is a dream for a lot of people. Not only are you close to a major city in this community, but you also are close to many outdoor recreational activities. Due to this, having a recreational toy, such as an ATV, can be a great option. When you have a recreational toy, you are going to have plenty of opportunities to make some great memories. However, it is also a very important asset you need to cover with insurance. There are several reasons why having toy insurance is a good idea.

Provides Coverage for the Asset

One of the reasons why you need to have toy insurance is that it can provide you with coverage for your asset. Buying a recreational toy is a big purchase and investment. Due to this, it is important that you protect it as well as possible. A great way to do this is with a recreational toy insurance policy as it can protect you against a variety of different forms of loss.

Gives Liability Coverage

When operating any type of recreational toy, you are going to run the risk that you cause an accident. If you do cause damages to another part, you are going to be held responsible. If you do have a liability insurance policy for your recreational toy, it will give you coverage to pay for these damages. 

Anyone that is in the Centennial, CO  area should call Compass Insurance for their recreational toy insurance needs. When you contact Compass Insurance, you will learn much more about all of your insurance options. They can then help you to get into a policy that gives you liability protection and protects your investment in the asset. 

Generally speaking, if you’re racing professionally, you need specialty insurance for that.

However, some Centennial, CO motorcycle insurance providers may offer some allowance for non-competitive racing. That is, if you’re racing your bike on private property with friends, and with no money at stake, your insurance provider might be okay with that, depending on the nature of the race. Obviously they don’t want you jumping school buses, but a simple there-and-back down a mile of dirt road might not be a big deal.

You’ll want to call them first, of course. Any time you’re wondering if your insurance provider will cover you, the rule of thumb is to call and ask. They might say yes, they might say no, but if you wait until you’re making a claim to tell them that you were racing, they will almost certainly deny you.

In professional races, you may be able to buy insurance directly through the race organizers rather than having to go buy a whole separate policy, meaning that it’s no longer your primary insurance provider’s problem should something happen on the track.

What it really comes down to is just making sure that your Centennial, CO insurance provider knows what you’re doing with your motorcycle so that they know what they’re covering. Obviously they’d rather not be covering stunt races and demolition derbies, but safe, non-professional races on private land are usually allowed, as long as you keep your insurer informed.

If you’re looking to get covered, get in touch with Compass Insurance and see what they can do for you. Compass Insurance can connect Centennial, CO motorcyclists with the policies that they need to ride safely.