Types of Coverage: Exploring Liability, Comprehensive and Collision Insurance for ATVs

If you’re an all-terrain vehicle (ATV) owner, you know that every ride comes with excitement and potential risks. Whether you use your ATV for adrenaline-pumping trails, exploring the great outdoors or simply as a weekend escape, having the right insurance coverage is crucial.

What Is ATV Insurance? 
ATV insurance is designed to protect owners and operators of ATVs against potential financial losses resulting from accidents, damage, theft or other covered incidents. ATVs can be prone to certain risks, making insurance coverage essential for responsible owners. Typically, ATV insurance policies offer the option for liability coverage, comprehensive coverage, collision coverage, uninsured/underinsured motorist coverage and medical payments coverage.

What Are the Differences Between Liability, Comprehensive and Collision Coverage for ATVs? 
The following are some differences between liability coverage, comprehensive coverage and collision coverage for an ATV:

• Liability coverage is the most basic and essential type of ATV insurance. It may cover bodily injury and property damage you cause to others while operating your ATV. For example, if you accidentally collide with someone’s property, such as their fence, or if someone gets injured in an accident involving your ATV, liability coverage may help cover the associated costs, including medical expenses and property repairs. Liability coverage does not pay for any damages to your ATV; it only covers damages to others.
• Comprehensive coverage may help cover damage to your ATV caused by noncollision incidents, such as theft, vandalism, fire, natural disasters, falling objects and even encounters with animals. For instance, if your ATV is stolen, damaged by a fire, or caught in a flood, comprehensive coverage would help pay for repairs or replace the ATV up to the policy limit. Comprehensive coverage does not cover collision-related damages or liability for injuries or property damage caused to others.
• Collision coverage helps cover damage to your ATV from a collision with another vehicle, object (like a tree or rock), or rollovers. If you’re involved in an accident while riding your ATV and it gets damaged, collision coverage will help pay for the repairs or the replacement of the ATV up to the policy limit. Collision coverage does not cover damages caused by noncollision incidents or liability for injuries or property damage caused to others.

To ensure adequate protection for your ATV, consider a combination of these and other coverages based on your individual needs and risk tolerance. Contact Shankland Insurance to understand the specifics of each type of coverage and determine the best policy for your ATV.
This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.