What is ATV Insurance and How Much is It?

What is ATV Insurance and How Much is It?

Nothing compares to the feeling you get when you’re zipping over rugged terrain on the back of your ATV. Here in Maine, many people own all-terrain vehicles, whether for work or leisure. Of course, there are risks associated with operating a motor vehicle – especially one that is designed to take on off-road trails and surfaces. ATV insurance can help mitigate some of the risks of ATV ownership by protecting against financial loss.

Understanding ATV Coverage

ATV insurance is made up of several types of coverage, each of which work together to safeguard you and your all-terrain vehicle. With the right coverage, your policy can protect you when your ATV is stolen from a campground, damaged in a rollover, or destroyed in a fire at your home. It can also help compensate you for medical bills if you are injured and pay your legal expenses and financial liability if you are sued for causing injury or property damage while operating your ATV.

Your policy may include coverage for:

  • Bodily injury liability
  • Property damage liability
  • Physical damages (collision/comprehensive)
  • Medical payments
  • Uninsured/underinsured motorist
  • And more

ATV Insurance Maine – Costs and Quotes

The price you pay for ATV insurance can vary depending on several factors. Insurers may consider your history of claims and accidents, as well as other factors like your age or where you store your ATV. In addition, discounts may be offered to certain riders. For example, since ATVs are easily stolen, some insurance companies offer better rates when you install an anti-theft device.

Regardless, most ATV owners find the benefits of ATV insurance far outweigh the costs. Replacing a stolen or damaged ATV could cost thousands of dollars, and legal fees and liability could be much more. By shopping with an independent insurance agent at Allen Insurance Financial, you can find competitive quotes on ATV insurance without sacrificing the quality of your coverage.

For more information or to request your free quotes, contact our office today.

Category Finance