A lot of ATV riders in Rochester, MN aren’t too sure whether or not insurance coverage is necessary for them. As a general rule, you don’t absolutely have to have insurance on your ATV if you are only going to be riding it on your property. However, you may need or want to purchase coverage through a provider like Safechoice Insurance Agency if you’ll be riding your ATV on public or private properties. 

The following are three things ATV riders need to know about their financial liabilities:

Having an ATV insurance policy is a good idea whether or not you’ll be taking your ATV off of your property.

Even if you’re only going to be riding on your property, insurance coverage is important to cover your liabilities if you allow guests to ride your ATV on your property. You will be liable for any accidents that happen on your property. While some homeowner’s insurance policies may cover you in this situation, they won’t necessarily offer coverage. It’s important to look into this matter if you expect your homeowner’s insurance to cover ATV use on your property. 

Some state parks require that ATV riders have an insurance policy covering their ATV.

Before you use your ATV at any state park or on any public properties, you need to look into rules and regulations regarding coverage. Look into the rules and regulations in place before you go riding on any public properties. 

If you take out a loan to purchase an ATV, you’ll need insurance.

It’s always necessary to have insurance coverage if you’re financed to purchase an ATV. Until your loan’s paid off and you own your ATV outright, you’ll need both liability on collision coverage.