Snowmobiles are all about having fun, right? You may consider them toys, but let’s face it—they’re expensive toys. So you need to make sure your baby is taken care of, just in case anything should happen, whether at home or out and about on the snow-covered trails.
Snowmobile insurance comes with a variety of coverage options. In order to determine the options that suit you and your family best, it’s important to know the financial risks you face from a snowmobile accident.
Your snowmobile registration does not automatically provide coverage for damage you cause, damage or theft of your machine, or your injuries. Even a careful snowmobile rider taking all the right precautions can experience an accident.
Collision coverage insures the damage to your snowmobile from an impact, including if it were to fall off your trailer while being transported. Comprehensive coverage protects you for loss caused by such perils as fire, vandalism, hail, and theft. By combining collision and comprehensive coverage, you have the best protection.
And what about you and your passengers? MPI’s personal injury protection doesn’t extend to you driving or being a passenger on a snowmobile or ATV. If you’re in a collision where the other driver is at fault, you can sue them. If they don’t have third-party liability coverage, or the court doesn’t award in your favour, that could leave you having to pay for certain medical treatments, job loss, disability, and permanent impairment, among other costs. You can protect yourself by purchasing accident benefits coverage. These benefits are paid out regardless of fault.
If you cause personal injury or property damage while operating your snowmobile, you can be sued. Covering the costs of the injury yourself could mean financial ruin. Your registration provides basic $500,000 third-party liability protection, as well as uninsured/underinsured motorist coverage, which protects you against others who don’t carry adequate insurance. As with your car liability, it can be increased to $1, $2, or $5 million.
Along with being able to provide the best coverage options for your needs, an insurance broker can provide you with the appropriate registration, license plate, and trail pass. Many brokers have access to private extension coverage, so contact your insurance broker to point you in the right direction and guide you to the right snowmobile insurance policy.
