All of these scenarios have happened and continue to occur to riders everywhere. Yet, those unaware of their insurance options are the ones who experience the most damage. Although ATV insurance isn’t a legal requirement everywhere, it’s essential to be prepared and know your coverage options, as this could save you considerable debt.
In this article, we’ll show you the different types of coverages available for ATVs, as well as what each of them provides.
ATVA Online goes in depth regarding your insurance needs!
1. Collision Coverage
No matter how long you’ve been riding, accidents are still prone to happen when you’re driving your four-wheelers, and they can be rather expensive to repair when damaged. That’s what collision coverage is for. It helps cover the cost of repairing your ATV when it hits, or is hit by, another object.2. Comprehensive Coverage
Now, what if your vehicle was damaged, but it wasn’t due to a collision? What if it’s vandalized, stolen, or lost in a fire or another type of natural disaster? These are all out of our control, and it would be safe to prepare for such damage. Comprehensive coverage helps cover losses caused by vandalism, theft, fire, or incidents other than collisions.3. Bodily Injury Liability Coverage
Did you know that even if someone borrows your ATV and injures somebody else, you could still be held responsible? Whether or not you’re the one driving, this coverage protects you if an accident injures or kills someone else. It covers the medical bills, and in many cases, also pays for your legal fees in case you’re sued.
4. Property Damage Liability Coverage
Similarly, property damage liability coverage pays for damage that an ATV driver causes to someone else’s property, whether that’s their home, yard, or vehicle. It also covers the required legal fees if the involved party decides to press charges.5. Medical Payments Coverage
This type of insurance covers medical expenses, such as surgeries and X-rays, for you and your passengers.6. Uninsured/Underinsured Motorist Coverage
If you or someone else riding your ATV have an accident where the other party is at fault, you’d expect the responsible party’s insurance to cover your injuries or damages. However, insurance isn’t mandatory everywhere, so they could not have it, or they could have lower limitations than you do. In that case, this coverage helps you pay your expenses and repair your vehicle or, in some cases, even replace it.7. OEM Coverage
While this coverage isn’t offered everywhere, carriers that provide it ensure that if your vehicle is damaged, it’s repaired with parts from the original equipment manufacturer (OEM). Without this coverage, your vehicle could end up being repaired with aftermarket parts.How Much Does ATV Insurance Cost?
Although ATVs are covered under motorcycle insurance policies, ATV insurance usually costs less than that of motorcycles. Depending on your location, driving record, and what you use your ATV for, its insurance price could vary from a couple of hundred dollars to over a thousand dollars per year, so it’s difficult to estimate what your specific insurance cost will be. More factors go into determining your ATV insurance costs, such as your age and the vehicle’s make and model. The best way to find the most suitable yet affordable insurance for you is to get a quote.What specific coverage do I need for my ATV?
When investigating details about ATV insurance coverage, emphasizing personal needs is essential. Owning an ATV necessitates the possession of liability insurance, while comprehensive and collision insurance safeguard against damages or complete loss. Similarly crucial is acquiring uninsured/underinsured motorist coverage along with medical expenses coverage, adding extra levels of safety.
