Recreational Insurance in New York
If you own a recreational vehicle like an RV or a boat, it's a good idea to purchase recreational insurance. This type of insurance is custom designed to cover liabilities and expenses for a vehicle that is used for recreational purposes only.
The following are four big advantages of having recreational insurance:
You protect your recreational vehicle and have expenses covered if it's damaged.
Your recreational vehicle is probably one of your prized possessions. This means that you won't want it to become severely damaged. If it does, you'll want to repair it ASAP. However, you might not have the funds for the repairs.
Recreational insurance can compensate you for any damage your recreational vehicle experiences as the result of a crash or a similar incident.
You meet any state requirements for having your vehicle covered.
By law, you need to have coverage for your recreational vehicle if you take it out on public roads. While insurance coverage may not be required if you use the vehicle on private property, chances are high that at some point you're going to want to ride it out on public roads or lands.
Therefore, recreational insurance covering state liability minimum requirements is essential.
You bridge any gaps in coverage that your homeowner's insurance policy has.
A lot of people think that their homeowner's insurance covers their recreational vehicle. This is true to a certain extent, but it will only offer coverage up to a certain amount for certain events.
If you rely on homeowner's insurance, there are a lot of gaps in your coverage. Purchasing a recreational insurance policy will bridge these gaps and ensure adequate coverage in the event of an accident.
If you want to find the right recreational insurance policy in New York for your needs or have more questions about this product, contact us at the Carminucci Agency. We offer recreational insurance to those residing in the North Salem, NY area.
We serve the broader New York area and are licensed in NY, NJ, CT, and MA. Do you need coverage in another state? We have you covered! – Just contact us!