Does Homeowners Insurance Cover Your Toy Vehicles? (Spoiler: Probably Not)

Toy vehicles can bring excitement and fun to your outdoor adventures, but part of being a responsible owner is having the proper insurance to cover them. While you may assume your homeowners insurance covers toy vehicles, it’s typically more complex.

What Is Toy Vehicle Insurance?

Toy vehicle insurance is a specialized insurance policy that covers recreational or toy vehicles, such as the following:

• ATVs

• Dirt bikes

• Snowmobiles

• Jet skis

• Golf carts

What Does Toy Vehicle Insurance Cover?

The following are typical coverages of toy vehicle insurance:

• Liability coverage may help cover third-party damages and losses caused when operating the vehicle. If sued by a third party, this may help with the legal costs.

• Collision coverage may help pay for damages to your vehicle if you’re involved in a collision.

• Comprehensive coverage may help with damage unrelated to an accident, such as due to theft or weather.

• Medical payments coverage may help with medical expenses for you and your passengers if you’re injured in an accident on your toy vehicle, regardless of fault.

• Custom parts/equipment coverage may cover accessories or modifications to your toy vehicle.

Does Homeowners Insurance Cover Toy Vehicles?

Very rarely will your homeowners insurance policy cover incidents involving toy vehicles. Homeowners coverage might offer some financial protection if the incident occurs on your property, but it also depends on the type of vehicle and potential home insurance endorsements. For instance, ATVs are often excluded from your homeowners policy. Furthermore, the coverage for toy vehicles, if any, is often capped. Consult your insurance broker to find out the limitations of your homeowners policy.

Contact Us

Your toy vehicles are an investment. While homeowners insurance might offer minimal protection for specific scenarios, it won’t necessarily cover all associated risks, and it should not be relied on when it comes to your vehicles. Fast Insurance in Mesa, Apache Junction, and Chandler, AZ can help you find a policy that fits your needs and budget. Contact us today for a personalized quote or more information.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.