What does ATV insurance cover and how much it costs?

Driving an ATV (All-Terrain Vehicle) is incredibly risky due to the vehicle’s design and the environments it’s often used in. These vehicles are top-heavy and prone to tipping, especially on uneven terrain, making rollovers a frequent hazard. As a result, driving ATVs makes you prone to accidents and collisions, bodily injuries, and property damage. So, as an ATV owner, you need an insurance policy to cover for unexpected expenses in case of the above events.

Without a proper insurance coverage, it means that all these costs will come out of your pocket, which will strain your financially. So, this comprehensive will help to uncover the benefits of have an ATV insurance policy, what it will cover, the companies that can offer the best services, and how much these policies may cost you.

What is an ATV insurance policy?

An ATV insurance policy offers protection for both you and your all-terrain vehicle. Hence, this plan protects your off-road vehicle, you, and your passengers in the event of an accident or collision that may result in damage to the ATV, personal property, or injuries. If such an incident occurs, the insurance covers repair costs for the ATV, medical treatment for any injured parties, and damages to property that was in or on the ATV.

What does ATV insurance policy cover?

Depending on your insurance provider, an ATV policy generally covers the following:

Property Damage: This includes costs for repairing damage caused by your ATV to other vehicles or property.
Bodily Injury Liability: This coverage handles medical costs for those injured in an accident involving your ATV.
Collision Coverage: This protects against repair costs if your ATV is damaged in a collision with another vehicle or object.
Comprehensive Coverage: This pays for repairs if your ATV is damaged by vandalism, theft, or non-collision incidents like natural disasters.

Additional ATV insurance coverages may include:

Uninsured Motorist Coverage: Which protects you if the at-fault driver is uninsured or underinsured.
Optional Equipment Coverage: This provides coverage for accessories and equipment added to your ATV.

How much does ATV insurance cost?

The cost of ATV insurance coverage varies among different insurance providers, with each offering different coverage levels, limits, and benefits. Generally, liability coverage (which includes third-party property damage and bodily injury) costs between $61 and $128 per year. For full coverage, you can expect to pay around $328 annually.

To get a clear picture of the costs, you should obtain and compare quotes from various insurance providers. This will help you choose a policy that fits your budget while maximizing benefits if you need to make a claim.

Do you have to have insurance on an ATV?

This type of insurance isn’t a must-have in all states, primarily because ATVs are designed to be used on specific roads. Whether you need it depends on a number of factors. In some states, ATV insurance coverage is required, especially if you ride on state-owned land.

Even though it’s not required everywhere, it’s advisable for ATV owners to purchase insurance coverage. It provides protection in case of an accident or collision, covering repair and replacement costs for their vehicles.

What impacts ATV insurance cost?

Below are some factors that may impact the cost of your ATV insurance:

ATV Type and Value: ATVs that are more expensive may have higher insurance premiums compared to the cheaper ones.
Location: Insurance costs can vary based on where you live, i.e., your state, and where you ride your ATV.
Riding Experience: A rider with more experience may receive lower rates compared to one who has less experience.
Usage: How often and where you use your ATV (e.g., recreational vs. work use, off-road vs. on-road) can affect the cost.
Safety Features: ATVs equipped with safety features like anti-theft devices may qualify for discounts.
Coverage Level: The type and cost of coverage you choose, such as liability, collision, and comprehensive, influence the premium.
Rider’s age and Gender: The cost of premiums for young riders may be higher than for older and more experienced riders since young riders are associated with more risks.

Which companies offer ATV insurance coverage?

There are a number of companies that offer ATV insurance cover in the USA, however, below are some of our recommendations, basing on their positive client reviews:

1. Allstate

Allstate offers insurance coverage for a number of ATV types, with coverage benefits extending to bodily injury liability, collision coverage, and comprehensive coverage. Additionally, discounts, such as the Easy Pay Plan, which enables you to save when you set up automatic payments are also offered.

2. Geico

As another ATV insurance provider, Geico offers insurance coverage for ATVs and UTVs, as well as a variety of all-terrain vehicles. Their plans are quite affordable, with coverage discounts and many benefits extending to collision, comprehensive, liability, and underinsured or uninsured motorist coverage.

3. Liberty Mutual

Liberty Mutual provides ATV insurance for most off-road vehicles, such as all-terrain vehicles, snowmobiles, dirt bikes, and UTVs. As a client, you can customize your coverage to suit your vehicle’s needs, with benefits for you and any other third party involved in the collision.

4. Progressive

With a Progressive ATV insurance policy, your all-terrain vehicle is covered from a number of road risks, such as damages caused by vandalism, natural disasters, collisions, or accidents. Progressive’s ATV insurance policy is quite affordable, and in case you want to get a quote, you can easily obtain one free of charge from the website.

5. Nationwide

As another ATV insurance provider, Nationwide Insurance offers coverage for different types of ATVs, such as four-wheelers, UTVs, and quad bikes. Policy discounts include full premium payments, having homeowners insurance, and being a member of a riding association. With these discounts, you can spend less on the policy and save more.

Editor’s Remarks

Despite being built for rough terrain, it’s important to insure your all-terrain vehicle (ATV). This will not only protect your ATV but will also safeguard your wallet from financial losses. With our simple guide on this policy coverage, we hope to simplify the process of understanding and choosing ATV insurance cover that will not only suit your all-terrain vehicle needs but also provide you with peace of mind while on the road.

Frequently Asked Questions

What does ATV stand for in insurance?

ATV, which stands for All-Terrain Vehicle, refers to vehicles designed to be ridden on four low-pressure tires. There are various types, including dirt bikes, UTVs, four-wheelers, and quad bikes. An ATV insurance policy simply provides coverage for any sort of damages caused to the vehicle or third parties.

Do I need ATV insurance in Texas?

In Texas, ATV insurance is not mandatory by state law, meaning you are not required to have it. However, it is recommended to purchase this policy as it can protect you from various costs related to damages or bodily injuries incurred by third parties in an accident involving your ATV.

How much is ATV insurance in Ontario?

In Ontario, the cost of ATV insurance ranges from $430 to $1200 per year, with an average cost of $815. Since prices vary between providers, it’s important to compare quotes to find the policy that best meets your needs.

Do you have to have insurance on a side by side in Michigan?

In Michigan, insurance coverage for UTVs is mandatory. Before you can drive a UTV, you must have it registered and ensure the policy meets the state’s minimum coverage requirements.

How does insurance work on a UTV?

The cost, benefits, and limitations of UTV insurance coverage can differ between insurers. Depending on your policy, you may receive coverage benefits for collision, bodily injury, property damage, and comprehensive protection.