Insurance rates for ATVs and UTVs vary considerably, depending on state requirements and a number of other factors. Prices can range from a few hundred to over a thousand dollars a year. In areas where there are greater risks and a larger number of claims, rates are typically higher.
An agent in the Trusted Choice® network can help you choose the right amount of ATV insurance for you and find all available discounts. Because they are independent, Trusted Choice member agents can compare rates from multiple insurance companies and find a great policy at a cost you can afford.
The following samples are approximate quotes for a 40 year old female driver in Minnesota with a good driving record:
Disclaimer: The example quotes above are rough estimates only, and do not constitute actual insurance quotes. To obtain a quote for your specific age, state, circumstances, vehicle and requirements, contact an agent in the Trusted Choice network.
State by state requirements for ATV insurance vary considerably, which means the coverage you buy will most likely be somewhat dependent upon your state laws. Some states do not require insurance coverage, while others require liability insurance under certain circumstances.
Even with these requirements in mind, it is very difficult to identify average rates or typical costs for ATV insurance because of additional variables other than state and regional differences. Looking at the sample quotes above, you can see that with all other factors being equal, the simple change in the size of the engine can increase the annual ATV insurance cost dramatically.
Note also that it is always a good idea to consult with an independent agent about the amount of insurance you need. If your state does not require ATV insurance, or requires only minimal coverage, costs can add up quickly when you are at fault. After a severe accident, you could face many thousands of dollars in repairs, medical costs and even legal fees if you are sued for an accident you cause.
A number of factors affect the cost of your ATV insurance, including the following:
You may be eligible for a range of discounts. The most common one is a multi-policy discount, applicable when you bundle multiple ATV insurance policies or your ATV coverage and your home and auto policies. You may also qualify for a “good driver discount” if your record is free of violations in the past two years. Some states also offer safety courses that can result in discounts, as well as reduced rates for being a member of certain clubs and professional organizations.
These are some of the main factors that an insurance company will use to determine the rate you will pay for your ATV insurance policy. Find an independent agent in the Trusted Choice network today to learn about requirements in your state, as well as discounts available to you.