ATV Insurance

From AtvChaos

All-Terrain Vehicles (ATV) are becoming increasingly popular. ATVs now come in a variety of models. Insurance companies have a different set of rules for providing coverage for ATVs, depending on the vehicle type. Getting insurance for an ATV requires more planning and research as compared to auto or boat insurance. Here are some steps that can be considered before taking out ATV insurance. Instructions

1. STEP 1: Brace yourself: Car insurance coverage and ATV coverage differ. The premium of ATV coverage will be likely be higher as the risk is greater. Search for companies that provide ATV insurance. You will often find them listed with companies that provide motorcycle insurance.
2. STEP 2: Understand the classification of your ATV as the coverage can vary according to the vehicle's classification. There are ATVs that have three to eight wheels that are mainly designed for off-road use. The four-wheeled version is often called a quad bike, while models with three wheels are called All-Terrain (motor) cycles or ATCs. Those with six or eight wheels are used for specialized applications. The rider sits on these models just like on a motorcycle but the extra wheels make them more stable at slow speeds. When buying an ATV, find out if the manufacturer permits additional passenger(s) and if so, factor in passenger coverage. The risk coverage and premium will also be different depending on the make of your ATV.
3. STEP 3: Contact agents and discuss the ideal coverage and premium for your ATV. Get to know the deductibles for the right insurance. You may be able to save money on premium.
4. STEP 4: Compare the quotes and clauses in the policies of each company. This will guide you to make the best deal.
5. STEP 5: Learn the local laws. States have different laws when it comes to ATV insurance requirements. Check with local ATV clubs if you find it difficult to obtain information.
6. STEP 6: Ask the ATV dealer if he can provide additional information. Dealers usually have links with insurance companies. Some dealers will make it mandatory for you to purchase an insurance policy before you can take delivery of an ATV from their store.
7. STEP 7: Ask for a comprehensive policy if you wish to cover almost all risks. The cost of repair and parts replacement can be very expensive oon an ATV.
8. STEP 8: Understand all clauses of the ATV policy before signing the documents.