Toy Insurance 101: Everything You Need to Know

Do you have children? If so, you know they can be rough on their toys. One day they are playing with them, and the next, they are broken. It’s enough to make any parent want to pull their hair out.

Luckily, there is a solution: toy insurance. What is toy insurance, and how does it work? This piece will discuss everything you need to know about toy insurance to decide if it’s right for you.

What Is Toy Insurance?

Toy insurance covers your expensive toys and fun items and can help you avoid costly repairs or replacement costs. These toys include collectibles, heirlooms, and other play things with high sentimental and financial value to you. You can also insure recreational vehicles, expensive antique electric guitars, and other things you and your family enjoy.

How Does It Work?

Toy insurance typically covers accidental damage, theft, and loss. If you or your child accidentally breaks an insured toy, the insurance company will reimburse you for the cost of repairs or replacement. The same goes for theft and loss – if the toy is stolen or lost, you will be compensated up to the amount you were insured for.

Some insurers also offer coverage for wear and tear, meaning that you will be reimbursed for repairs even if the damage is not accidental. However, this type of coverage is typically only available on higher-end policies.

What Are the Benefits of Toy Insurance?

The main benefit of toy insurance is that it can save you a lot of money in the long run. If you have an expensive toy that your child loves, it is worth insuring it so that you are not left with a hefty bill if something happens to it.

Another benefit is that it can give you peace of mind. Knowing that your toys are covered in case of an accident can help you to relax and enjoy your time with your family without having to worry about the cost of repairs or replacement.

Finally, toy insurance can be a great way to protect your investment. If you have a collection of antique toys or other high-value items, insuring them can ensure that you get compensated if they are damaged, stolen, or lost.

Cover Your Expensive Toys With Toy Insurance Today

If you’re interested in toy insurance, contact The Select Insurance Agency of Coppell, TX. We would be happy to help you find the right policy for your needs. Whether you want to cover your child’s favorite toy or an entire collection, call us at 972 315 7299.

How Much RV Insurance Should I Have When It Is in Storage?

Located 24 minutes northwest of Dallas, our agents at The Select Insurance Agency in Coppell, TX stand ready to help you insure one of your most essential possessions: your RV. Founder Todd McShann takes great pride in providing excellent customer service. D Magazine named Todd a Best 100 agent five times. Depending on where you travel throughout the year, your RV insurance needs to cover you for monsoon damage, hail, burst water lines, UV rays, and physical or chemical damage to the trailer hitch, suspension, or underbelly.

How Does RV Class Affect Insurance?

Class A motor homes run between 21 and 45 feet long. They have the same chassis as a commercial bus, truck, or motor vehicle. Class C motor homes, on the other hand, feature van noses with a sleeping area above the cab, while Class B motor homes resemble a long custom van, about 16 to 22 feet long. Since Class B motor homes cost more to build, they also cost more to repair and usually require higher premiums and deductibles than a regular van if you want replacement value.

Types of Damage by Class

Class A motor homes have the highest chance of severe damage in storms or other natural disasters if stored outside. However, their large size and greater height limit indoor storage options, making them even more likely to suffer damage. Class C homes sit closer to the ground, risking underbelly and suspension damage. Class B motor homes have stronger roofs, sustaining less damage if stored outdoors.

Please speak with one of our highly-qualified insurance agents today: The Select Insurance Agency in Coppell, TX, serving the entire Dallas/Fort Worth area, to learn more about insuring your RV during storage. Call (972) 315-7299 or Email for a free consultation about your RV insurance needs.