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what kind of insurance on a utv?
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gene_champ
Posted 2/12/2015 10:03 (#4380766)
Subject: what kind of insurance on a utv?


NC Iowa		got a utv and called the insurance agent (state farm) to see what insurance I needed on it. told me $500 deductible, $400. I said that is more than my car. he said that is for a year, I said that is still more than my car.

wonder what kind of insurance I need and if I should check with farm bureau. this is for farm use but have to go on road to get to some farms. why would this cost double my car, which is worth more and driven 15000 miles a year?
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feelnrite
Posted 2/12/2015 10:12 (#4380787 - in reply to #4380766)
Subject: RE: what kind of insurance on a utv?


northwest tennessee

Can you legally be on the road? I don't have insurance on any ATVs. A person can get  themselves insurance poor.

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a4t-1600
Posted 2/12/2015 10:20 (#4380803 - in reply to #4380787)
Subject: RE: what kind of insurance on a utv?


Dearfield Co.		after being involved with ATVs and watching around here the insurance is worth it. Been some high $$ medical claims in some not so serious little crashes
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Eric in ND
Posted 2/12/2015 15:36 (#4381384 - in reply to #4380787)
Subject: RE: what kind of insurance on a utv?



North Dakota, USA
feelnrite - 2/12/2015 09:12

Can you legally be on the road? I don't have insurance on any ATVs. A person can get  themselves insurance poor.



I hope you have liability at least.
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djmranch
Posted 2/12/2015 10:27 (#4380822 - in reply to #4380766)
Subject: RE: what kind of insurance on a utv?


NW Minnesota		I only pay $60 per year on each of my four wheelers. I can't see why a UTV would be so much higher. I would shop around for another insurance company. I use Progressive.
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dondozer
Posted 2/12/2015 10:58 (#4380891 - in reply to #4380822)
Subject: RE: what kind of insurance on a utv?


NW Ohio,near Findlay		I have progressive on 2 ATV's, theft and all, cheap, but a separate policy from my auto which is Progressive also.
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John SD
Posted 2/14/2015 02:17 (#4384473 - in reply to #4380822)
Subject: RE: what kind of insurance on a utv?



djmranch - 2/12/2015 08:27

I only pay $60 per year on each of my four wheelers. I can't see why a UTV would be so much higher. I would shop around for another insurance company. I use Progressive.


IIRC, State Farm prices ATV/UTV policies according to engine size class of the machine. My Honda Rancher is a 420 cc engine, IIRC costs just shy of $70/yr for $100K/$300K liability.
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DIESELDAN74
Posted 2/12/2015 10:28 (#4380825 - in reply to #4380766)
Subject: RE: what kind of insurance on a utv?



I don't think Farm Bureau offers the insurance your looking for. My insurance is not very high its on a Polaris Ranger I think its just a liability policy for when it leaves the farm. Here in Missouri all we have to do is put a SMV on the back and its legal to take down the highway.

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Illinois Steve
Posted 2/12/2015 10:42 (#4380862 - in reply to #4380766)
Subject: RE: what kind of insurance on a utv?


North Central Illinois		My agent had to go to a different company to get me coverage for my UTV. I think it is something like $100 a year. Look around a little you can do much better than what you were quoted.
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PeaKing
Posted 2/12/2015 11:00 (#4380894 - in reply to #4380766)
Subject: RE: what kind of insurance on a utv?


West central ND		FB switched mine to the motor vehicle category last year. Not sure on the rate. Coverage is just like my car.
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SD-455
Posted 2/12/2015 11:12 (#4380919 - in reply to #4380766)
Subject: RE: what kind of insurance on a utv?


Northeast Indiana (Auburn)		My 2013 Polaris 500 runs me about $303 per year with a $250 deductible through State Farm.
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Ironbender
Posted 2/12/2015 12:13 (#4381035 - in reply to #4380766)
Subject: RE: what kind of insurance on a utv?


northwest Iowa		My Grinnell Mutual farm insurance covers my Ranger as farm equipment. The farm liability coverage extends to anywhere I take it, but my 4 wheelers have to be covered on a separate policy. The farm liability stops at the road. I don't know what the difference is, but that's the way my agent explained it. Phil
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kggonzo
Posted 2/12/2015 13:50 (#4381230 - in reply to #4381035)
Subject: RE: what kind of insurance on a utv?


Northeast Nebraska and Candelaria Philippines		Grinnell just dropped the rates on UTV's and ATV's quite a bit. Don't remember the exact number, but maybe 40%.

There are advantages to having your ATV's insured on an ATV or Auto policy rather then a farm policy. The first as mentioned has to do with location. On a farm policy, coverage will only apply on the insured premises.

Another advantage is uninsured and underinsured motorist coverage. what if you (or anyone riding your machine) is in an accident, and the other motorist is at fault and either, had no insurance or doesn't have enough insurance?

A 3RD advantage is possibly increased limits on medical payments. These payments will pay regardless of fault. So, if your nephew from the city comes out and has an accident on the ATV, the broken arm can be covered.

In addition, it's always good to separate as much coverage off your farm policy as possible. The farmowners policy can be expense for large and growing operations. If you would have a liability claim on the farm policy(due to and ATV), it may effect rates or eligibility for coverage in the future. Separating off ATV coverage can help take some of this risk away.
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thefarmers
Posted 2/12/2015 19:21 (#4381782 - in reply to #4380766)
Subject: RE: what kind of insurance on a utv?


They aren't legal on the road here. I'm not sure what kind of insurance would be needed.
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action
Posted 2/13/2015 05:17 (#4382443 - in reply to #4381782)
Subject: RE: what kind of insurance on a utv?


Livingston Co. Illinois		My 4 wheeler is $ 63 a year from Country Companies.
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MikeBra
Posted 2/13/2015 09:19 (#4382918 - in reply to #4380766)
Subject: RE: what kind of insurance on a utv?


Onalaska WI		I am a farm agent. Depending on the company, you can get the farm policy to cover it for on premises (not practical for any road use to or from sites) or off-site use. If you endorse it on the farm policy, it is usually pretty cheap or cheaper. You can go with just liability or cover it for comp and collision. the more expensive ones ($14,000 to $19,000) are about $400 a year on their own; but most of ours get covered on the farm for quite a bit less. The policies that are set up on a motorcycle policy are a little bit better coverage but more expensive. There are a bunch of ways to do these things. We deal with it a lot as they are all over the farms, very practical and the accountants list them as farm eq.
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gene_champ
Posted 2/13/2015 09:51 (#4382990 - in reply to #4382918)
Subject: RE: what kind of insurance on a utv?


NC Iowa		it is about a $10000 machine. I thought it would cost about the same as my motorcycle, which is similar in value. full coverage for that is $81.68 a year. it has a build in seasonality factor which I assume the utv would have also. I get multiple vehicle, multi line, good driving, accident free, claim free on my cars and pickups. don't know if these apply to the utv or not. I just talked over the phone. I told him I need to come in and go over it in person and decide.
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SD-455
Posted 2/13/2015 10:25 (#4383074 - in reply to #4382990)
Subject: RE: what kind of insurance on a utv?


Northeast Indiana (Auburn)		Since it is a new policy it will take three years before the rate will go down. I have two pickups and three cars insured by State farm. My oldest policy was issued in 1967 and now covers my 1974 SD-455 TransAm, next oldest was issued in 1973 and now covers my 2006 Duramax pickup, next one was issued in 2005 and covers my 2011 Impala, next was issued in 2010 and covers my wife's 1996 Mustang GT convertible, next was issued in 2012 and covers my 1981 Chevy 4X4 3/4 ton pickup and the last one covers the 2013 Polaris 500 utv. All policies have the same liability coverage. My Polaris is run on the road towing a empty hay wagon or a hay rake. I have a spot sprayer and boom sprayer that fits nice in the bed. Since I am a one man show I will haul it to a field I will be working at and drop it off then after I move the combine or what ever to the field I can drive it back. If I get hit on the road or hit something I am covered liability wise. I had to put comp on it because it has a 2.5% loan on it. As soon as I decide to pay off the loan I will drop the comp then the insurance will be down to $68 for a year. If you don't want or are forced to have comp it will be a lot lower.
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MikeBra
Posted 2/13/2015 15:01 (#4383505 - in reply to #4382990)
Subject: RE: what kind of insurance on a utv?


Onalaska WI
gene_champ - 2/13/2015 09:51

it is about a $10000 machine. I thought it would cost about the same as my motorcycle, which is similar in value. full coverage for that is $81.68 a year. it has a build in seasonality factor which I assume the utv would have also. I get multiple vehicle, multi line, good driving, accident free, claim free on my cars and pickups. don't know if these apply to the utv or not. I just talked over the phone. I told him I need to come in and go over it in person and decide.


They may not have a seasonal adjustment on ATV's as they tend to get used all year-round. These UTV's have been a problem and you see rates all over the place. We think it is because the are relatively new and vary so much as to what they do and how fast they go.
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John SD
Posted 2/14/2015 02:29 (#4384476 - in reply to #4383505)
Subject: RE: what kind of insurance on a utv?



The main reason I licensed my Rancher was I put a snow plow on it and left it at my sister's house in town to use. Turned out she only used it once, would rather use her walk behind snowblower. I figured it would be best to have all the legalities squared away for operating an ATV on public streets in town. Plus it was nice to be able to legally drive down to the gas station to fill up.
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thefarmers
Posted 2/13/2015 11:32 (#4383209 - in reply to #4382918)
Subject: RE: what kind of insurance on a utv?


MikeBra - 2/13/2015 09:19

I am a farm agent. Depending on the company, you can get the farm policy to cover it for on premises (not practical for any road use to or from sites) or off-site use. If you endorse it on the farm policy, it is usually pretty cheap or cheaper. You can go with just liability or cover it for comp and collision. the more expensive ones ($14,000 to $19,000) are about $400 a year on their own; but most of ours get covered on the farm for quite a bit less. The policies that are set up on a motorcycle policy are a little bit better coverage but more expensive. There are a bunch of ways to do these things. We deal with it a lot as they are all over the farms, very practical and the accountants list them as farm eq.


If they aren't legal to drive on the road, what is the point in having insurance like other vehicles have? I could see insurance to cove theft or maybe comp. But if you got in an accident on the road, I can't believe ins. Is going to pay for an illegal vehicle.
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MikeBra
Posted 2/13/2015 14:58 (#4383501 - in reply to #4383209)
Subject: RE: what kind of insurance on a utv?


Onalaska WI
thefarmers - 2/13/2015 11:32

MikeBra - 2/13/2015 09:19

I am a farm agent. Depending on the company, you can get the farm policy to cover it for on premises (not practical for any road use to or from sites) or off-site use. If you endorse it on the farm policy, it is usually pretty cheap or cheaper. You can go with just liability or cover it for comp and collision. the more expensive ones ($14,000 to $19,000) are about $400 a year on their own; but most of ours get covered on the farm for quite a bit less. The policies that are set up on a motorcycle policy are a little bit better coverage but more expensive. There are a bunch of ways to do these things. We deal with it a lot as they are all over the farms, very practical and the accountants list them as farm eq.


If they aren't legal to drive on the road, what is the point in having insurance like other vehicles have? I could see insurance to cove theft or maybe comp. But if you got in an accident on the road, I can't believe ins. Is going to pay for an illegal vehicle.


The off-site isn't just the road. You can be driving in the ditch or on the side of the road and get hit. You could be on a trail or camping - whatever and you are off-site. If you keep it only hits the ground on listed locations, some even put it on as an implement of husbandry that give the same blanket coverage and liability you have on a tractor. State vary as to how they are registered. In WI, DNR registers them. If it is registered, then it should be insured like it is going off premises.
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John SD
Posted 2/14/2015 02:13 (#4384469 - in reply to #4383501)
Subject: RE: what kind of insurance on a utv?



I actually carried liability insurance on my two previous ATVs even though I did not have them street legal equipped to license. Still had proof of insurance cards I carried in my wallet.

Insurance man told me my ranch liability policy only covered me riding my machine on my own place. Not at the neighbors, not in public ROW, and not with someone else riding it anywhere.
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thefarmers
Posted 2/14/2015 09:51 (#4384991 - in reply to #4383501)
Subject: RE: what kind of insurance on a utv?


MikeBra - 2/13/2015 14:58

thefarmers - 2/13/2015 11:32

MikeBra - 2/13/2015 09:19

I am a farm agent. Depending on the company, you can get the farm policy to cover it for on premises (not practical for any road use to or from sites) or off-site use. If you endorse it on the farm policy, it is usually pretty cheap or cheaper. You can go with just liability or cover it for comp and collision. the more expensive ones ($14,000 to $19,000) are about $400 a year on their own; but most of ours get covered on the farm for quite a bit less. The policies that are set up on a motorcycle policy are a little bit better coverage but more expensive. There are a bunch of ways to do these things. We deal with it a lot as they are all over the farms, very practical and the accountants list them as farm eq.


If they aren't legal to drive on the road, what is the point in having insurance like other vehicles have? I could see insurance to cove theft or maybe comp. But if you got in an accident on the road, I can't believe ins. Is going to pay for an illegal vehicle.


The off-site isn't just the road. You can be driving in the ditch or on the side of the road and get hit. You could be on a trail or camping - whatever and you are off-site. If you keep it only hits the ground on listed locations, some even put it on as an implement of husbandry that give the same blanket coverage and liability you have on a tractor. State vary as to how they are registered. In WI, DNR registers them. If it is registered, then it should be insured like it is going off premises.


If it isn't legal on the road though in the first place, is the ins. Co. Going to cover an accident if you are driving in the ditch or side of the road? I figured that would still be considered on the road since you are in the road right of way.

Around here everyone puts a SMV sign on them, and then runs up and down the road at 50mph.
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John SD
Posted 2/14/2015 02:06 (#4384467 - in reply to #4383209)
Subject: RE: what kind of insurance on a utv?



thefarmers - 2/13/2015 09:32

MikeBra - 2/13/2015 09:19

If they aren't legal to drive on the road, what is the point in having insurance like other vehicles have? I could see insurance to cove theft or maybe comp. But if you got in an accident on the road, I can't believe ins. Is going to pay for an illegal vehicle.


Before I took delivery my ATV was equipped with the windshield, rear view mirror, and speedometer required by the state to make it legal to drive on the road. The title, license, and insurance procedure are the same for an ATV as any other licensed vehicle. I only insure for the state required liability, not theft or comp. The ATV doesn't have full size plates like a car would. It has the same plate as a motorcycle.
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ramy
Posted 2/13/2015 14:49 (#4383495 - in reply to #4380766)
Subject: RE: what kind of insurance on a utv?


Everything I have except my motorcycle and Rhino 660 are through State Farm (just because I've transfered other vehicles to the wifes policy). I need to look into adding them also, currently they are a small group under Progressive. With your experience with State Farm I may just be keeping it with Progressive though. Motorcycle is only a 650cc dual sport '03 BMW GS650F Dakar- very fun transportation, loves gravel road and ditch running) at about $8?/year, UTV ('07 Yamaha Rhino 660 w/few extras) costs about $100-120/year (don't know where the bill is right now and not that motivated to find it for this thread). UTV's in MN over a certain width/weight or something like that are only legal on the road. Couple years ago they even changed the ag licence so that they can only be driven on the road and not the ditch. I've never been bothered about cutting down in the ditch, or running next to a field in the ditch around here. Never been bothered on the road either. Carry full coverage/license on it. It does have about twice the replacement cost of my motorcycle.
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SD-455
Posted 2/14/2015 10:05 (#4385024 - in reply to #4380766)
Subject: RE: what kind of insurance on a utv?


Northeast Indiana (Auburn)		Got my renewal bill today it has dropped to $275 for 12 months. My coverage is liability bodily injury 100,000/300,000, property damage 100,000-medical payments 5,000-250 deductible-uninsured,underinsured 100,000/300,000. $208 of the premium is for damage to the UTV.

Edited by SD-455 2/14/2015 10:05
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Viera72
Posted 9/19/2018 04:55 (#6996003 - in reply to #4380766)
Subject: RE: what kind of insurance on a utv?


This is an important topic to discuss. Why don’t you check out http://www.duilawyerlosangeles.com/ for more details? The Los Angeles DUI lawyer has helped a lot of people get out from the legal mess. He truly has a great win rate
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