Most insurance companies define Recreational Vehicles as the following:
It protects against the same financial consequences as those covered in auto insurance policies: damage to vehicle or property, theft, vandalism, injury to the insured or other people, personal liability, and/or accidents with uninsured or underinsured drivers.
Recreational vehicle policies cover more than what car insurance covers, primarily because
owners keep more personal items, such as outdoor equipment, in large recreational
vehicles. Insureds have wide latitude in how much and what kind of coverage to buy. Old
vehicles may not warrant collision or comprehensive coverage. Affluent drivers may want
to maximize liability coverage. Lenders may require collision and comprehensive insurance.
Watercraft insurance, also known as boat and personal watercraft insurance, often include
towing and wreckage removal, as well as fuel spill indemnification. This type of insurance
may be purchased for sailboats, house boats, and pontoon boats, as well as other
watercraft up to a certain size and value.
The coverage provided by watercraft insurance varies according to the type of watercraft
being insured. This is because different types of watercrafts carry different risks. The
amount of damage to a watercraft that is covered under the policy is also dependent on
how the policy treats depreciation.
To see how our recreational and watercraft insurance policies can help you feel secure, please contact us for a free quote. Koch Insurance agencies are located throughout South Dakota, with office locations in Tea, Tyndall, Tabor, Springfield, and Yankton. We'll provide you with all the information you need to make an informed decision on your safety.