An ATV is an asset and should be protected with the right insurance policies. Whether you use your ATV for ranching, hunting, or recreation, avoiding risk can protect you against a financial disaster you can’t afford. Many of these vehicles will require insurance when ridden on state-owned property. Various types of insurance must be put in place to protect against losses, including:
Comprehensive Coverage
Comprehensive insurance is a type of coverage that protects against damage or loss caused by events other than collisions with another vehicle or object. It typically covers theft, vandalism, fire, natural disasters such as floods or hail, falling objects, animal strikes, and damage from weather-related incidents.
Collision Coverage
This type of insurance will pay out on damage to the ATV should it be involved in an accident with another vehicle or due to impact with a stationary object.
Liability Coverage
Should a third party be injured while riding your ATV or in a collision, bodily injury coverage protects you against the losses associated with the injury, such as medical bills, loss of income from work, and other damages. These policies are widely known for lawsuits, only pay out to certain limits, and should be customized for adequate protection.
Personal Property Coverage
This type of coverage pays for damage you cause to someone else’s property while operating your ATV. This can include damage to another person’s vehicle, a building, fences, landscaping, or other physical objects you do not own.
Uninsured or Underinsured Motorist Coverage
Unfortunately, many people operate vehicles without insurance. If you are involved in an accident with a person who has no insurance or carries inadequate insurance coverage, it may be impossible to cover the full cost of the damages. This added type of coverage provides more security for you and your family.
Medical Payments
This type of coverage pays out for bodily injuries to the insured and others in the household who were involved in the accident.
Contact Fraleigh & Gray, Inc. in East Hartford, Connecticut, today for help finding the best ATV insurance policy for your needs.
