What coverage types are available?

Options include liability, collision, comprehensive, medical payments, and accessories coverage.

When you're insuring your powersport vehicle, such as a motorcycle, ATV, or jet ski, there are several types of coverage you can consider to protect yourself and your investment. Liability insurance is perhaps the most crucial as it covers damage you may cause to others in the event of an accident. Collision insurance pays for damage to your vehicle resulting from a collision, no matter who is at fault. Comprehensive coverage includes protection from non-collision damage like theft, fire, or natural disasters. Medical payments coverage helps with medical bills for injuries you or your passengers sustain in an accident, regardless of fault. Accessories coverage is specific to powersport vehicles and covers auxiliary items like custom parts, gear, and equipment you may have added to your vehicle.

Imagine that you're riding your ATV on a trail and you accidentally strike a tree, causing significant damage to both the ATV and yourself. If you have collision coverage, the cost of repairing your ATV is covered, whereas medical payments coverage would handle your hospital bills. Now, let's say your ATV had a custom paint job and upgraded sound system; accessories coverage would be essential to cover those modifications, ensuring you're not out of pocket for these extras. Without liability insurance, you could also be financially responsible if your accident injured a nearby hiker or damaged property.

When choosing insurance for your powersport vehicle, start by assessing the value of your vehicle and any custom accessories. Consider the potential risks you face, such as riding in areas prone to accidents or theft. Shop around to get quotes from different insurers and compare the coverage options they offer. Always ensure you understand what is and isn’t covered under each policy. Don't shy away from asking your insurance agent questions to help you make the right choice that fits your needs and budget. Keeping up with your policy's terms and making any necessary adjustments as your situation changes is also wise.