Do you own any adult recreational toy like an RV, a boat, a watercraft, an ATV, and others? You should think of getting toy insurance for it. According to an executive of Linda Dugan Insurance whose serving city is Astoria OR, some of these toys face the same risks as real automobiles. So, using them without any toy insurance is like driving a car without any insurance. 

Find some of the reasons to consider recreational toy insurance below. 

For liability

In Astoria, OR, people don’t joke take bodily injury lightly. If an accident occurs while using your toy and you happen to be at fault, you are likely to face a lawsuit or multiple lawsuits. Even if you are not at fault, you may need the service of a lawyer to prove that.

Toy insurance covers the claims from liabilities filed against you. This may include property damage liabilities and bodily injury liabilities. 

For comprehensive damages

Your toy may get vandalized or burnt by fire or it may get stolen. If that happens, who will you blame? Who will bear the cost of fixing it or buying another one? Without toy insurance, you will bear the cost. This is what a typical toy insurance covers. 

For accident caused by under-insured driver

It is possible for an uninsured driver to hit you. When that happens, you and your passengers will sustain some bodily injuries. Who will cover your medical bills since the culprit is not insured? Without any insurance, it is you, especially if the occupants are your spouse and kids. Every toy insurance policy also covers this.

For direct collision

Your toy may get hit or it may hit a vehicle or object and get damaged. Without insurance, you will be responsible for fixing it. This is another situation where toy insurance can help. It covers damages from a collision.

By now, you should have realized how smart it is to get toy insurance for your recreational toy. For more information, contact Linda Dugan Insurance. 

The vast majority of states do not require residents to purchase boat insurance for their watercraft. Astoria OR residents who are looking to remain safe on the waters will often ask Linda Dugan Insurance agents about these sorts of requirements. Knowing which states require boating insurance is a crucial step. 

At the current moment, there are only a few states that have already issued mandatory boating insurance requirements but Oregon is not one of them. That does not mean that Astoria, OR boating enthusiasts should make the mistake of assuming that they do not require a certain amount of coverage. 

Marinas often require boaters to purchase the proper coverage, so that they can remain protected from various issues that can result from mooring and slip usage. The bank is also going to have requirements that need to be met when they are providing a loan for the boat in question.

The bank is typically going to require the policy holder to purchase insurance that covers the full costs of the watercraft. In addition to this requirement, the bank is also going to be listed on the policy that is purchased as a lien holder. This keeps the bank safe, in the event that the policy holder misses any of the necessary monthly payments. 

While these requirements do not always apply to the boater in question, it is always better to err on the side of caution when it comes to situations like these. The requirements may also vary depending on the size of the boat and its level of horsepower, so be sure to provide all of the necessary information to boating insurance agents. 

Be sure to contact Linda Dugan Insurance to learn more about the boat insurance requirements for those who reside in Astoria, OR and the surrounding areas.