Bentonville ATV Insurance
All Terrain Vehicles (ATV) are a fun recreational vehicle that are typically used for off-road exploring and transport. They are compact vehicles, and they have four non-pneumatic or low-pressure wheels that make it easy to drive through mud and over debris. ATVs are used both for exploring and by some agencies to go to remote locations that don’t have easy road access.
If you plan on buying an ATV, or you already own one, then you should know that most states require that you carry insurance for the vehicle. Even if you plan on using it just a few times during the summer, it’s important to be covered. While ATVs are a great way to explore, they aren’t cheap, and they also run the risk of potentially causing damage to people and property.
When you purchase ATV insurance, you may notice that the coverage looks similar to your auto policy. However, just because your ATV runs on a motor and you can drive it, that doesn’t mean it’s covered by your standard car insurance— it’s also not covered by your homeowner’s or renter’s insurance, unless you have an additional rider to cover vehicles on the premises. If your ATV gets stolen or damaged while it’s in your garage, then having ATV insurance will help pay for your loss.
ATV insurance is a separate policy that you’ll need to go along with any other policies you may have. Without coverage, you may be paying out of pocket if the ATV is stolen, or if you injure someone with it. There are many benefits to carrying ATV insurance coverage like knowing you’re protected from damages and liability claims. Your ATV policy is broken down into four categories:
Collision coverage will reimburse you for losses that happen due to an accident on your ATV that caused you to hit something. If you hit a fence, rock or a car while you’re driving your ATV, then the collision part of your insurance coverage will pay to have our ATV fixed. If the ATV is deemed a total loss, then you will get a pay-out for either the replacement value or the actual cash value. You will need to pay your deductible first, before the claims payment is made.
Any other kind of covered damage is paid for under the comprehensive coverage. This includes theft of the ATV, falling trees, weather-related damage and vandalism. Comprehensive coverage is optional, but it really comes in handy when you suffer a loss. When you drive an ATV, there are plenty of opportunities for the vehicle to be hit by debris, and you’ll be thankful for this coverage.
Liability coverage is a key factor when it comes to protecting you and your assets. Liability will pay for damage that you cause to other people’s property with your ATV. This portion of the insurance coverage also pays for medical bills and associated costs if you injure someone with your ATV. It may also help pay for legal fees if you’re taken to court due to an accident with your ATV. Liability insurance is required, and it ensures that you don’t end up paying out of pocket for property damage or medical bills.
You may also want to add underinsured or uninsured coverage, which is also optional. This covers damage if you’re hit by another rider, and they don’t have ATV insurance. Additionally, if the at-fault rider doesn’t carry insurance with limits to sufficiently cover the damage to your ATV, your policy will cover the damage. Carrying this additional coverage will give you peace of mind knowing that all aspects of your ATV are protected.
There are details of your ATV policy that you’ll need to know. For instance, not every ATV policy allows coverage for passengers or underage riders. The coverage may not extend to individuals who borrow your ATV. Considering that the price range for a full size, heavy-duty ATV runs between $5,000 to $10,000, then you’ll really want to understand what you’re covered for before loaning your ATV out for the day.
If you’re shopping for ATV insurance, then talk to our insurance professionals first. We can provide you with a range of ATV insurance quotes, and we’ll help you find a policy that suits your budget. If you have questions about property damage or liability insurance, we’re happy to answer any of your questions. Our friendly staff can even help insure your child’s ATV as well.
Our goal is to match you with just the right policy to save you money and protect your assets. We can bundle your vehicle, home and ATV insurance to find the best discounts for you. If you need to file a claim, then we will walk you through the process. Count on us for your ATV insurance needs.