ATV & UTV Insurance

This protects other people than the insured. It pays for injuries and property damage that the insured has inflicted while driving.

Example: With liability limits of 50/100/50. The insurance company will pay up to $50,000/person and $100,000/accident for bodily injuries and $50,000/accident for property damage. If three people had $40,000 worth of bodily injury claims, the insurance company would only pay $33,333 for each person. This is because paying each claim $40,000 would amount to $120,000, when the insured had a limit of $100,000/accident. If only two people had a claim of $40,000, all claims would be paid for because this only amounts to $80,000 of the $100,000/accident limit.

This covers bodily injury payments for the insured driver and passengers in the vehicle in the case that the at-fault driver (who is not the insured driver) does not have enough insurance to cover the insured driver and passengers. Includes drivers without insurance and hit and runs.

Example: If another driver hit the insured and they had liability limits of 50/100/50 and the insured had 50/100 un/underinsured coverage. Leaving the insured and the insured’s two passengers with $60,000 of bodily injury each totaling $180,000. The other driver’s insurance would pay $100,000 (33,333/person) to the insured and insured’s passenger. Then the insured’s insurance would pay the remaining $80,000 (26,666/person).

This covers medical expenses of the insured and passengers up to three years or until the limit is reached, and it would be paid regardless of fault.

Example: $5,000 is the medical payment limit. Say the insured crashed into a tree and seriously injured the driver and shotgun passenger, both of whom were rushed to the hospital. Their medical bills were $20,000 and $30,000, so the insurance company paid $5,000 to both of them for their medical bills. The second passenger didn’t receive any major injuries and didn’t feel any aches, but days later he started feeling increasing pain in his side. Upon going to the doctor to get it looked at, he was told he needed physical therapy. Over the course of a few months, this resulted in $15,000 worth of costs. The insured’s insurance company also paid $5,000 for that.

PIP (Personal Injury Protection) pays for things like medical payments, lost wages, rehabilitation services, funeral costs, childcare, etc. This is a required coverage in some states. and would be paid out regardless of fault.

Example: A passenger was killed in an accident and the PIP payment was designated to only go towards the funeral costs. If the funeral cost $10,000 and the insured had $3,500 PIP that would leave $6,500 for the insured / deceased’s family to pay.