Whether you’re buzzing around your property on a three-wheeler or tearing down the trail on a six-wheeler, you want to be sure your ATV is properly insured. Just like an automobile policy, the right atv insurance can protect you and your family in the event of an accident.
Typically, ATV insurance offers liability and collision coverage as well as comprehensive and uninsured/underinsured motorist coverage. It’s important to talk with a representative about the various coverage options available.
1. Liability
Choosing the right coverage is essential to protecting yourself in the event of an accident. You can choose liability, collision and comprehensive options to suit your needs and budget.
Liability insurance helps cover the cost of injury or damage to another person in an ATV accident, as well as their medical bills and property damages. It also protects your assets if you are sued for the injuries or damages you cause.
It is important to remember that the amount of liability coverage you need can differ from place to place, and it is a good idea to talk with your local HUB advisor about the best options available in your area. They will walk you through a handpicked selection of policies from leading carriers and cut the jargon to help you understand which coverages are most important for you. They will also be able to give you some recommendations about which optional coverages to consider adding on.
2. Medical Payments
Medical payments coverage, also known as personal injury protection (PIP), helps you cover the cost of any medical expenses related to an accident. Depending on the policy, it can help you pay for medical care, rehab and recovery.
Some states require ATV owners to carry a certain amount of medical coverage. In most cases, however, this coverage is optional and you can choose the level of protection you need.
Adding it to your ATV insurance can help protect you and your family from potentially large bills if you or a loved one is injured in an accident.
It isn’t mandatory, but it can save you a lot of money in the long run. If you don’t have it, be sure to add it before you head out on the trails this summer.
3. Comprehensive
ATV insurance, also known as utility vehicle insurance or side-by-side insurance, is a special type of coverage that can help you cover any costs if you’re involved in an accident. It’s not required in every state, but it can be an important financial safeguard for ATV owners of all skill levels.
A policy that covers you and your family is a great investment for those who enjoy riding their ATVs or UTVs. It can help pay for repairs, medical bills and even legal defense if you get into an accident.
The type of coverage you choose for your ATV depends on several factors, including the make and model of your machine and how it’s used. It can also affect your premium.
Comprehensive coverage, another optional NY ATV insurance option, pays for damages that aren’t the result of a collision with other vehicles or objects. This includes damage from fire, theft, vandalism, and other causes.
4. Collision
The best collision coverage will help you get your ATV back on the road in no time if you’re involved in a crash. Whether you hit another ATV, a tree or a fence post, this coverage will cover the costs to fix your vehicle.
The coverage is typically optional, and most ATV owners are happy to have it. It also comes with a deductible, which is the amount you have to pay out of pocket before your insurance company starts paying for repairs.
Liability insurance, on the other hand, will pay for any bodily injury or property damage you cause to others in a covered accident. It will also pay for the cost of any legal defense you might need, up to the limits you select.
5. Underinsured/Uninsured Motorists
There are several optional insurance coverages that you may want to consider for your ATV. These include liability, medical payments and uninsured/underinsured motorists coverage.
Bodily injury liability and property damage liability are important to consider because they can help you if you injure another person or cause damages to their property while driving your ATV. These policies also come with claim limits so you can feel secure in the event of an accident.
ATV insurance can be fairly affordable, especially if you get a good discount on it by bundling it with your auto or home policy. It’s also worth shopping around for quotes from a few different providers.
6. Personal Effects
Most people don’t realize that homeowners insurance will not cover your ATV or snowmobile should the worst happen, so you may want to consider buying a separate policy to make sure you get the coverage you need. This is the only way to ensure you won’t be left on the hook if something unthinkable were to happen. The coverage is a bit expensive, but it’s worth the investment when you need it most.
As with any insurance purchase, the best strategy is to shop around and compare quotes. This will ensure you don’t get suckered into a premium that won’t do much for your wallet in the long run. One thing you may not want to do is sign a policy with the first company that pops up in your search results, especially if you have been with your current provider for years. The best bet is to do some comparison shopping and enlist an agent that can help you navigate the myriad choices out there.
7. Rental Reimbursement
Rental reimbursement coverage helps reimburse you for the cost of renting a vehicle while your vehicle is in the shop being repaired. It is an optional add-on to your auto insurance policy.
This option can be valuable for situations like if your car is damaged or stolen and you need to rent one while it’s in the shop. However, it’s important to note that this coverage doesn’t apply in the case of routine maintenance or a vacation rental.
In most cases, the cheaper and more reliable way to rent a car is to use the agency your insurance has a relationship with. This is the better choice because it avoids having to submit a claim with the company you choose, and it ensures that your insurance will pay the bill for you. If you are unsure whether or not this is the best choice for your situation, talk to an insurance agent.
8. Medical Payments for Passengers
If you’re an ATV enthusiast, you know that accidents can be costly. In the event that one of your passengers is injured in an accident, medical payments for passengers coverage may be a worthwhile addition to your policy.
This coverage can help cover the costs of their health care, up to a set amount that you select. MedPay can also reimburse you for out-of-pocket expenses that your health insurance or PIP might not cover.
If you’re not sure if this coverage is right for your needs, talk to your American Family agent today. They can explain the benefits and recommend a plan that’s best for you. They can also answer questions about other RV insurance coverages that may be relevant to your situation. And they can offer a free quote to help you determine which coverages are best for you and your needs. Getting the most out of your insurance coverages is important to you and your family.
9. Additional Coverage
Getting around on an ATV or side-by-side utility vehicle (UTV) requires the right combination of coverage to protect you and your machine. Typically, these types of policies function like auto insurance and include liability protection for both bodily injury and property damage. They may also include medical payment supplements for the operator and passengers.
The amount of coverage you select and the size of your deductible will affect your premium. It is also important to shop around for the best price, especially if you have multiple machines that need to be insured. Bundling with your home or auto insurance may help you save money, as can buying multiple policies from the same provider.
If you have added expensive features to your ATV or UTV, such as custom-built trailers, you’ll want to consider adding additional coverage for them. Many insurers offer endorsements for trailers and other specialty equipment. It’s important to talk with your agent about your options and how to customize your policy to fit your needs.
