Published: June 2016
If you own an all-terrain vehicle, you may already take certain safety precautions when you travel off the beaten path. An ATV insurance policy is one way you may be able to help protect your vehicle and yourself should the unexpected occur.
According to the Insurance Information Institute (III), ATV insurance may even be a legal requirement, depending on where you ride. For instance, many states require you to carry ATV insurance if you ride on state-owned property, according to the III. In Pennsylvania, for example, you're required to carry proof of liability insurance any time you ride your ATV off your own land.
You may not be able to rely on your car or homeowners insurance to protect your ATV.
According to the National Association of Insurance Commissioners (NAIC), ATVs aren't covered by a standard auto insurance policy. And while some homeowners policies may help protect you when you're driving your ATV, according to the NAIC, they'll likely offer limited coverage.
Talk to your agent to with any questions about whether your current policies offer any protection, how much and under what circumstances.
You may rest easier, however, with a separate policy that's designed just for ATVs. This type of insurance may help protect you, your ATV and even other people and their property, in case you're involved in an accident. Here's a look at some of the coverages an ATV policy may include:
Liability coverage: If you cause an accident that results in someone being hurt or that causes damage to another person's property, this coverage may help you pay for the other person's medical bills or the costs to repair damage to their property.
Collision coverage: If your ATV is damaged after you hit another vehicle or another object, such as a fence, this coverage may help cover the cost of repairing your vehicle.
Comprehensive coverage: Suppose your ATV is damaged by something other than a collision fire or hail, for instance. This coverage may help pay to fix the damage.
Your agent can help you understand the ins and outs of these coverages and their limits. The NAIC says you may want to ask the following questions:
- Are there age restrictions on who may operate my ATV?
- Does my policy cover other people who may operate my ATV?
By taking safety precautions and adding the insurance coverage that makes sense for you, you can ride on with confidence, which is the best way to enjoy the ride.