Monthly Archives: August 2022

Toy Insurance is Ideal for Families as well as Toy Collectors

Toy insurance is one of the more niche insurance products on the market. It is also one of the insurance products available that can provide consumers with immense value. Ask anyone in Lakewood, CO who has toy insurance, and they will tell you it gives a tremendous sense of peace, calm, and confidence in their expensive toys. The Colling Insurance Services Inc. team understands this and continues to educate customers on the value of toy insurance as a whole.

What is Toy Insurance

The concept of toy insurance is to protect the most valuable toys you own as a family. Think about toys such as collectible or rare toys, one-of-a-kind items, and more. Think about big toys such as golf carts, all-terrain vehicles, and snowmobiles. All of these recreational things, or rare toy collectibles, carry a high value. Toy insurance provides protection so that if one of them suffered from a loss or saw the damage, there would be a way to recoup that.

Coverage Options

With toy insurance, you have a variety of coverage options you can include in the policy. Toy insurance can consist of collision coverage and comprehensive and liability coverage. It is important to work with your insurance agent to understand all the different coverage options and what you need to cover. As part of this process, you can better be in a position to buy the right toy insurance policy for you.

Deciding whether insurance is worth the event of a Lakewood, CO customer is unique. It is up to you to make that determination, and the Colling Insurance Services Inc. team can help get you there.

What Are Some Things To Consider When Buying RV Insurance?

When you are considering buying RV insurance, there are a few things you need to keep in mind. The first is that not all policies are the same. You must ensure that you get the right coverage for your needs. At Colling Insurance Services, Inc., we can help you find the right RV insurance policy for your needs. Here are a few things we recommend you consider when shopping for RV insurance:

Compare Total Loss Replacement Vs. Actual Cash Value

Replacement Cost Value (RCV) is the amount needed to replace your RV with one of a similar kind and quality at the current market price. Actual Cash Value (ACV) accounts for depreciation and is generally less than RCV. It’s crucial that you understand the difference to make an informed decision about which type of coverage is right for you.

Get a Quote for Full-Timer Coverage

If you plan on living in your RV full-time, you will need a quote for full-time coverage. This type of coverage differs from standard RV insurance and will cover things like your personal belongings, liability, and medical payments.

Ask About Discounts

A number of discounts available can help you save money on your RV insurance premium. Some of the discounts that may be available to you include:

  • Multi-policy discount: If you have more than one policy with the same company, you may be eligible for a discount.
  • Good driver discount: If you have a clean driving record in Lakewood, CO, you may be eligible for a discount.

Make Sure You Have Enough Liability Coverage

Liability coverage is important because it protects you if you are found at fault in an accident. The liability coverage you need will depend on several factors, including the value of your RV and assets.

Conclusion

When you are shopping for RV insurance, be sure to keep these things in mind. If you have any questions, our Colling Insurance Services, Inc. team is here to help. We can work with you to find the right RV insurance policy for your needs and budget. Give us a call today or visit us in Lakewood, CO.