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7 Tips You Need to Know If You Own Recreational Toys

The Victoria Day Long Weekend is the unofficial start of another season of outdoor fun in the Kawartha’s! Whether you’re spending time on the water in your boat or Seadoo, or travelling down the road with your camping trailer in tow, it’s all about enjoying the outdoors – Peterborough style! While the excitement of the new season is upon us, why not take a few moments and review your recreational product insurance? With so much fine print, it’s easy to look past the details, and yet, should you need to make a claim, you might be unpleasantly surprised…

The friendly staff at ISL Insurance in Peterborough are outdoor enthusiasts ‘just like you’. We cottage and love to spend time on the water or enjoying all the beauty of the Kawartha’s. To help you get the most from your recreational toys, we’ve assembled the following tips to help you get the most from your insurance coverage.

  1. For personal watercraft, such as Sea Doo’s, some policies do not provide theft coverage unless it is stored in a locked building. If you keep yours outside on a trailer or tied to the dock, make sure you are covered.
  2. Newer boats qualify for replacement cost coverage in a total loss as opposed to actual cash value with the right insurance policy. You could end up without enough money to replace your expensive boat purchased only a few years ago without this coverage.
  3. Taking an approved Power Squadron boating safety course can get you a discount on your insurance, as well as teach you valuable skills.
  4. Purchasing a separate boat or travel trailer insurance policy will prevent a claim from affecting the rates on your homeowner’s policy.
  5. Travel Trailers insured on an auto insurance policy will not include replacement cost coverage for the trailer or any coverage for your contents. A proper insurance package will include these things.
  6. A Motorhome or Travel Trailer policy will include emergency service coverage for towing, flat tire service, battery boost, and fuel delivery
  7. When towing a trailer your auto policy does provide coverage for liability. But as soon as the trailer is parked on it’s own there is no longer coverage, a travel trailer policy is required for this.

Insurance policies have become increasingly complex. Be sure to read yours carefully and ask lots of questions. Your broker is there to make sure you get the right coverage for your needs. The staff at ISL Insurance would be pleased to assist you and provide a no-obligation quote. You can reach us by calling 705.742.3861. From all of us to you and your family, wishes for a summer of safe boating and travelling!

Call 705.742.3861 for a free insurance quote today!

ISL Insurance Brokers

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