If you own an off-road vehicle, either a car or truck, getting it insured is essential to have you covered against accidents. Besides being crucial, having off-road vehicle insurance becomes necessary if the vehicle is used for business purposes. You may think to save money by not opting for insurance, but if someone sues you for causing an accident, you will have to be liable for your loss and your legal expenses, which may cost more depending on the extent of the injury/damage. Nevertheless, if you have insurance, you will be covered in mishaps.
Reasons You Need Off-Road Vehicle Insurance
Here are some reasons that may necessitate having off-road vehicle coverage, including:
- Protection Against Accidents
It protects you against accidents that happen while you drive and also provides monetary compensation to the victims. So, you can drive with peace of mind knowing you will be covered if something unexpected happens.
- Crucial for Work-Related Rides
If you use an off-road vehicle for business, insurance is necessary to protect your business against lawsuits, drive your vehicle legally, and get eligible discounts. Without insurance, you could be risking the livelihood of yourself and others.
- Mandatory by Law
Off-road vehicle insurance is mandatory, but minimum coverage varies depending on state and federal regulations. While some states require only liability insurance, others require comprehensive coverage. According to federal laws, off-road vehicles that travel across states need to be registered federally for legal operation on highways or public lands outside the home state.
- Protection Against Personal Liability
Personal Liability Coverage covers your liability to third parties if you are at fault for the accident. It will also cover your legal fees if you are sued for the accident caused and repair or replace your vehicle if it is damaged in an accident that another party caused.
- Defense Against Lawsuits
If you have insurance, you will cover the loss caused to others by your activities, so they will not sue you. Thus the number of lawsuits filed against you will be reduced. This will help you save the valuable time and money you spend defending the case.
- Coverage for Third-Party Injuries and Damages
The third party was not involved in the accident but sustained injuries or property damage. In such circumstances, your off-road vehicle insurance will pay for their medical bills and repair or replacement expenses of the damaged property in the accident.
- Comprehensive Coverage at a Cost-Effective Rate
Getting off-road vehicle insurance is effortless, as you can apply online or by visiting an insurance agent or agency in person. Besides, off-road vehicle insurance is cost-effective, with affordable premiums so that you will have no issues paying them. This is because the possibility of off-road vehicles getting into accidents is less than on-road vehicles.
Off-road vehicles are likely to get into an accident only if it is hit by a pedestrian or another car. There will not be more cars or pedestrians on off-roads, so it is enough to have minimum liability coverage that costs less, saving on your premiums.
Cover Your Off-Road Vehicles with Jack Stone Insurance Agency
Jack Stone Insurance Agency offers all-in-one off-road vehicle insurance to cover your off-road vehicles from potential liabilities and lawsuits. Contact us today to get started on your personalized off-road vehicle insurance.