Fun calls year-round here in Minnesota. Whether you are zipping around muddy trails after the spring thaw or cruising across freshly fallen snow, ATVs and snowmobiles offer ample opportunity for fun. Whether you own one or both, protect yourself against the risks of riding and owning your recreational vehicle. At Great Lakes Insurance, we offer comprehensive ATV and snowmobile protection that reduces your financial vulnerability when you ride.
Know Your Risks
Whether you use your ATV and snowmobile for work around the ranch or fun on the weekends, it is important to know the hazards you face. A lot can go wrong – from collisions with other vehicles and objects to losing your off-road vehicle due to fire or theft. If you cause an accident that results in third-party injury or property damage, imagine the cost of hiring legal representation to defend you against a lawsuit. If you lose your case, the costs mount even higher, forcing you to pay for physical damages and injury-related expenses, as well as any other judgments against you. That is in addition to any potential medical bills you may have due to your own injuries in the accident. Having the right insurance mitigates your financial risks, safeguarding your income and assets against a wide range of covered events.
Who Needs ATV and Snowmobile Insurance?
If you own an ATV or snowmobile, we generally recommend that you have coverage. In some cases, riders may be required to have insurance when riding on certain private and public lands. Furthermore, your lender may require insurance if you have financed the purchase of your off-road vehicle. Even if you own your recreational vehicle in full and only ride on your own property, insurance is still a good idea. After all, it could cost several thousand dollars to replace your vehicle after an accident without the right coverage.
Types of Snowmobile and ATV Insurance Coverage
ATV and snowmobile insurance policies do not come in a one-size-fits-all format, but most policies do contain multiple types of coverage. Some of the most common coverage types include:
Physical Damages Coverage
How much would it cost to repair your ATV after a rollover? How big would the bill for a brand new snowmobile be? Physical damages coverage helps minimize your out-of-pocket costs when your off-road vehicle is damaged or destroyed due to a covered incident. It may also help pay for your losses due to criminal theft. Note that claims against your physical damages coverage are likely subject to a deductible. Talk to your agent for help choosing a deductible amount that is right for you.
Bodily Injury and Property Damage Liability
When you injure other people or damage their property, you may also be responsible for providing compensation for the damages. Your liability coverage helps protect you against the cost of third-party medical bills and other expenses when you are at-fault for an accident. It can also cover your legal fees if you are sued.
Uninsured Motorist
When irresponsible motorists fail to purchase insurance, they put you at risk. Uninsured motorist coverage helps pay for your injury-related expenses when you are hurt by someone with no insurance.
Medical Payments
No one plans to get hurt, but accidents do happen. Whether you are the one responsible or you are injured by someone else, medical payments coverage can help pay for immediate necessary medical expenses for both you and your passenger.
Towing and Special Assistance
You do your best to stay on top of maintenance and are careful to winterize your vehicles every year. Despite those efforts, you may still find yourself stranded and in need of assistance. Depending on your insurer, there may be limited coverage available to help you when your off-road excursions do not go as planned.
Special Equipment Coverage
You may have invested in some upgrades and special equipment since purchasing your snowmobile or ATV. If so, make sure to safeguard your investment with coverage that protects your after-market enhancements.
Minnesota Snowmobile and ATV Insurance Quotes
You’ve got a lot riding on your snowmobile and ATV, and we aren’t just talking about you. Chances are you sunk a lot of money into your off-road ride, and you need the right insurance to back it up. Your coverage should offer broad protections that include your vehicle, the people who ride it, and potential liabilities you will acquire while operating it. At Great Lakes Insurance, we make it easy to minimize your risk vulnerabilities with customized ATV and snowmobile insurance.
As an independent agency, we can shop and compare coverage from multiple carriers to find you competitive rates on a policy tailored to fit your needs. We take the guesswork out of purchasing coverage, helping you better understand the components of your policy and answer any questions you may have along the way.
When calculating your premiums, insurers determine your risk ratios based on a number of factors. Examples include the frequency with which you ride, where you ride, the type of off-road vehicle you own, its market value, and more. Although every insurer is different, our goal is to find a carrier that provides the coverage you need with the most favorable and competitive terms.
If you own a snowmobile or ATV in the Cloquet & Duluth areas, we want to help you get insured. Contact our office to find out more about off-road vehicle insurance and to request your quotes. We look forward to serving you soon.
