When you use an ATV or UTV for fun, you might not think of serious things like insurance. Even if you choose to risk losing what you paid for your recreational vehicle, you also need to think about what happens if you get hurt, you hurt someone else, or you cause property damage. Having the right insurance coverage could be the difference between having a temporary problem and facing long-term financial ruin. Jeremy White Insurance helps you understand what coverage you need and where to find the right price.
Why Quality Coverage Matters
If you ever got into an accident that caused property damage and injured others, what would you do? Without insurance, you might be facing a lawsuit. If you have insurance, you call your insurance company and have them handle everything, but some are easier to work with than others.
Getting into an accident is probably a matter of if – not when. If you’re lucky, it might just be a minor dent that doesn’t even cost you anything. However, it could also turn into one of the biggest financial crises of your life. If the worst happens, you want to have an insurance company you can count on.
ATV/UTV/Side-by-Side Insurance Coverages
When you buy ATV or UTV insurance, you can choose a number of standard and non-standard options. This type of insurance is similar to auto insurance, but you need to be aware of the specifics of the policies you’re considering.
Recreational vs. Commercial vs. Racing Use
The first thing you need to do is select the correct type of policy. There are different types of policies depending on how you use your ATV or UTV. Most standard policies cover recreational or commuting uses.
If you intend to use an ATV or UTV in your business, you may need a commercial policy. If you want to participate in racing, you’ll usually need to buy a specialized racing policy. Racing policies often come with many restrictions, such as only participating in organized events.
Bodily Injury Liability
Bodily injury liability pays for injuries that you cause to others. Examples can include if you collide with another rider and hurt them or if you strike someone walking along a trail.
Most liability coverages have a per person and per accident limit. $50,000 per person means that it will pay up to $50,000 for another person’s medical bills. $100,000 per accident means that it will pay no more than $100,000 total if multiple people are injured. As with auto insurance, we recommend high limits when it comes to liability coverage.
Property Damage Liability
Property damage liability pays for damage to the property of others. It doesn’t cover your own ATV or UTV. Examples of things that may be covered are other ATVs or UTVs, cars and trucks, and buildings. Property damage liability covers repairs or replacements of damaged property up to the policy limit.
Uninsured and Underinsured Motorist Coverage
If someone else causes an accident while you’re out riding, you have the right to sue them for your property damage and medical bills. If they have insurance, this would usually just be resolved as an insurance claim. If they don’t have insurance, you may have to go to court, and even if you win, they may or may not have any money to pay you.
Uninsured and underinsured motorist coverage pays you and your passengers for your injuries and property damage when the at-fault rider doesn’t have proper coverage. Uninsured means they don’t have any insurance at all. Underinsured means that they have insurance, but the limits aren’t high enough to pay your claim.
Collision coverage protects your own ATV or UTV from damage caused by a collision. This might be with another vehicle, but it can also include certain types of collisions with other objects or damage to your vehicle if it overturns on rough terrain.
Comprehensive coverage covers other types of damage to your ATV or UTV. Typical examples are theft, fire, or a tree falling on it while it’s parked.
Medical Payments Coverage
Medical payments coverage pays for the medical expenses of you or your passengers after an accident. If you already have health insurance, it may help to cover your deductible or co-pay as well as expenses your health insurance may not cover.
ATV/UTV/Side-by-Side Insurance Discounts
When you buy ATV or UTV insurance, look for a discount if you bundle multiple policies together.
You may also be eligible for other discounts if you have multiple vehicles, have a safe driver discount on your auto insurance, or complete a rider safety education course.
Jeremy White Insurance helps you to evaluate how all of your insurance products fit together to meet your needs and to find a price that works for your budget. If you’re near Cuba City, WI, call now to request a quote or more information.