Do you spend your weekends exploring off-road trails on your ATV? Perhaps you use your ATV to speed through the woods on hunting or camping trips. Maybe you have a top of the line UTV used for heavy duty work around your ranch or farm. Whatever your reason for owning an off-road vehicle, it is important that you carry enough insurance coverage to protect you against the unexpected. Your circumstances can change in a moment. Make sure you are prepared.
Common ATV and UTV Risks and Claims
There are many dangers that come with ATV ownership. One particular risk commonly associated with ATVs is the potential for a rollover. These vehicles are bigger and faster than ever before, some even capable of highway speeds. Reckless driving, uneven terrain and even riding at high speeds on paved surfaces increase the risk of accidents. According to The Oregonian, between 700 and 800 people die in ATV accidents every year and thousands more are injured.
Accidents and losses can also happen when your ATV is idle or stored away. For example, imagine returning home from vacation to find that your garage has been broken into and your brand new four-wheeler is missing. If it seems like a far-fetched scenario, it’s not. After all, law enforcement says that ATVs are prime targets for thieves, since they are easy to steal and have a high resale value. Today’s ATVs, UTVs and accessories cost thousands of dollars and sometimes as much or more than a new car. Being burglarized without ATV insurance could quickly dissolve your investment.
Types of ATV Insurance
A single accident can cost an ATV owner tens of thousands of dollars or more in personal losses, property damage and bodily injury expenses. ATV insurance is designed to reduce an ATV owner’s risk exposure by providing payment for covered claims. The level of coverage depends on the type of insurance purchased. At our agency, we recommend that riders be fully covered, which includes:
Liability Insurance – helps pay for the medical payments and property losses of other people as a result of an accident you caused. Liability expenses can total tens of thousands of dollars or more depending on how much property is damaged and the extent of a victim’s injuries. Liability claims may pay for repairs, medical bills, court costs, lost wages and even pain and suffering.
Collision Insurance – helps pay for the repair or replacement of your own ATV or UTV following an accident. After meeting your deductible, insurance pays the remainder of repair costs up to coverage limits.
Comprehensive Insurance – helps pay for damages to your four-wheeler or replacement costs following a covered non-accident related event. Fire, flood, vandalism and theft are just a few examples of hazards often covered by comprehensive ATV insurance.
In addition to liability, collision and comprehensive protection, additional ATV insurance coverage may be available to help pay for other types of claims, such as those for your own medical bills if you are injured by an underinsured or uninsured motorist.
Affordable Wisconsin ATV/UTV Insurance in Germantown
If you live in Germantown, Wisconsin or the surrounding communities of Mequon, Thiensville, Menomonee Falls, and Hubertus, it is easy to find affordable ATV and UTV insurance with the coverage you need. We offer a wide range of policy options and discounts to meet your preferences and needs. Contact our office to speak with a helpful agent. We can review your existing coverage and help you identify your risk vulnerability. We can also discuss ways that you may be able to lower your monthly ATV insurance premiums, such as by taking an ATV driver safety course or by bundling your ATV coverage with other types of insurance policies. Call us today. We look forward to serving you soon.
