The spring is well under way and the summer is right around the corner. It is time to break our your All Terrain Vehicle, or ATV for short, in order to hit the trails if you have not done so already. Riding an ATV can certainly be a thrilling experience. These machines provide hours upon hours of fun for a great deal of people across Massachusetts. However, that fun can quickly come to an end if you do not have ATV insurance coverage. So what exactly does ATV insurance cover? In essence, it will protect you and your financial interests in the event of loss or damages due to an accident.
It also covers you if the vehicle is stolen. An ATV insurance policy consists of multiple parts. Liability Coverage covers the cost of both bodily injury and property damage if you cause an accident. It also covers the cost of your legal expenses if you are sued by another party. The cost is based on a pre-determined amount of coverage. Your ATV insurance policy also includes Collision Coverage. In essence, it pays for any repairs to your ATV if you damage it in an accident. Comprehensive Coverage is optional. It provides protection if your ATV is stolen, damaged by fire, severe weather, or vandalism.
Uninsured/Underinsured Motorist Coverage is also option. This part of your policy helps to cover costs if another rider causes an accident that you are involved in, and that other rider does not have insurance to cover your expenses. Prior to making any decisions regarding your ATV insurance policy, you should meet with an experienced insurance agent that specializes in these types of policies. That way you will receive the proper information and will have the ability to make an informed decision. ATV insurance works just like an Automobile insurance policy in regards to how it is designed.
It is there to protect your best interests, and helps you recover from a financial standpoint so that the costs of lawsuits, injuries, and repairs do not affect your personal finances. In essence, it protects you from going out of pocket when certain problems arise. Since riding an ATV comes with a great deal of risks, it simply does not make sense not to have a solid policy in place. If do you happen to get into an accident that ends up injuring you or damaging your vehicle, your insurance agent will help you start the claim process.
That way you your compensation will not be delayed. Keep in mind that you should provide any available documentation about the accident, including photographs if you have them. An insurance adjuster will review the damage in order to determine the amount of compensation you will receive. The amount of compensation is based on a few factors including the amount of coverage you have, the type of loss you suffered, and of course your deductible.
In conclusion, it is important to fully understand exactly what you are buying when it comes to your ATV insurance policy. If you have any questions, please call (508) 831-0133 to contact an associate at Zawada Insurance. We are happy to walk you through the details of your insurance policies and explain your coverage options. We look forward to helping you with all of your personal and or business related insurance needs now and in the future.