What Does ATV Insurance Cover?

 

Greensboro ATV insurance, although generally not required by law in North Carolina, is available to ATV owners in similar fashion to motorcycle insurance.  Certain parks or other venues catering to all-terrain vehicles (ATVs) may require riders using their facilities to carry a minimum amount of liability coverage to protect others using those same facilities.  This liability coverage comes in the form of bodily injury protection and personal property protection.

Bodily Injury Liability and Personal Property Liability Coverage

Greensboro ATV insurance is similar to Greensboro motorcycle insurance as far as the various coverages that are available and, for the liability protection, basic minimum amounts are identical.  Liability insurance is protection "for the other guy" when you're involved in an accident where someone suffers a loss and the accident is determined to be your fault or responsibility.  

Minimum amounts of liability coverage include:

• $30K coverage per person per accident for injuries or death.
• $60K coverage for all persons per accident for injuries or death.
• $25K coverage per accident for damaged property, fixed or moveable.

How Much is Enough?

While North Carolina State law sets out minimum amounts of liability coverage required for cars, motorcycles and ATVs, these minimums may be woefully inadequate in the event that you're involved in a serious accident and found liable for someone's injuries, damaged property or death.  Bear in mind that any amount of money for damages not covered by your insurance will have to come out of your own pocket.

Someone seriously injured in an ATV accident could require huge amounts of medical treatments and hospitalization as well as expensive therapies afterwards.  Obviously, $30,000 of insurance coverage could represent a mere drop in the bucket, leaving you with a huge debt that could lead to the loss of your assets and even bankruptcy.  ATVs can be dangerous.  Consider carrying as much liability insurance as you can comfortably afford, or invest in an umbrella policy.

Optional ATV Coverage Available

Just as with other vehicles, there is a menu of optional coverages available for ATVs, including:

• Uninsured/underinsured motorist coverage
• Collision coverage - may be required if your ATV is being financed
• Comprehensive coverage - may be required if your ATV is being financed
• Personal Injury Protection (PIP) - also called medical payments coverage

Though optional coverage isn't required, it's better to have it and not need it than the other way around.