Facebook Twitter LinkedIn Google+ RSS Call Us Today For A Free Quote | 615.866.2728

 

Business

Commercial/Business

Employers have a legal responsibility to their employees to make the workplace safe. We will review, quote, and secure coverage for your business. We will find the most efficient way to protect your corporate assets.

Get Started
Car and House

Personal Insurance

We provide a full range of coverages for your personal insurance needs. From the first time buyer, to high valued homeowner, automobiles, and umbrellas. We will review, quote, and secure coverages for your needs.

Get Started
Medical

Disability/Life

Protect the ones you love the most with the proper coverage for your needs. Everyone’s needs are unique and finding secure coverage can be stressful. We’ll find the right plan for you.

Get Started

Toy VehiclesWhat is a toy vehicle? It is not your child's tricycle. A toy vehicle is a broad term for vehicles that many people use for fun and recreation.

Toy vehicles may include RVs, motorcycles, boats or custom cars. Most people who own these vehicles use them in a special and perhaps more guarded manner. For example, they may only ride motorcycles or take out their boats when the weather is good.

These vehicles come with unique personal and cost risks. For that reason, toy vehicles need what many call toy vehicle insurance. Toy vehicle insurance takes into account a vehicle's unique status. These policies often come with personalized risk coverage and financial coverage amounts.

Insurance agents can often tailor a policy to meet your needs. These vehicles are unique, so keep in mind special considerations when insuring them.

Have Proper Operating Certifications


Many of these vehicles need special certifications to operate. You may need special training to pilot a watercraft over a certain weight. Certain road vehicles may need drivers to carry certain qualifications on their licenses.

Before using a toy vehicle, make sure you know how to operate it, and that you have the certifications to do so.

Consider How You Will Use the Items


Your insurance agent may ask you certain questions about how you plan to use your vehicle. Where will you drive it? For how long? Will you carry passengers? Do you know how to maintain the vehicle?

Each of these questions adjusts your insurance risks. Be honest with your agent about how you intend to use the vehicle.

Ensure You Have Proper Safety Mechanisms


Make sure that your toy vehicles have all the proper safety mechanisms. These can range from seat belts in an antique car to a fire suppressant system and lifejackets on a boat

Every proper safety mechanism can protect a vehicle and its occupant from damages. Safety mechanisms can potentially reduce your insurance rates as well.

Keep Storage Mechanisms in Mind


You generally won't use these vehicles year-round, so there's no use in insuring them as such. Fortunately, many insurance policies come with storage insurance adjustments. Your insurance agent could adjust your coverage levels for the time periods when you store the boat. He or she might increase coverage for storage risks during these times, while decreasing coverage for usage risks.

Talk to Your Agent About Customization


We have a lot of choices when buying toy vehicles. You may add special tires or electronic systems to the vehicle. If you customize a vehicle, take these changes into account when buying insurance. You likely need to adjust insurance levels to cover these modifications.

It is up to you to responsibly insure your toy vehicle. Remember, these vehicles are different from the standard car. For that reason, you need to take special considerations when buying insurance.

Let Raymond Preston & Reed, LLC guide you through the toy vehicle insurance process. Call us at (615) 866-2728 or contact us online to get started.
Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
What People Are Saying

Read More


From Our Blog Featured Coverage

Employment Practices Liability Insurance EPLI is a necessary coverage for any start up, small business, or existing company with employees (or potential employees). RPR Insurance can help guide you down the right path. Start >>
Read More Read More
Stay In Touch With Us Helpful Site Links Contact Us
Sign up now to receive new and updates Raymond Preston & Reed LLC
7000 Executive Center Dr., Suite 290
Brentwood, TN 37027
Phone: 615.866.2728
Email: info@rprinsurance.com
M-F 8:30am-5:30pm

Facebook Twitter LinkedIn Google+

© Copyright 2017. All rights reserved. Powered by Insurance Website Builder