Kentucky Snowmobile Insurance (QUOTES, COST & COVERAGE)
Get Kentucky Snowmobile insurance quotes, cost & coverage fast. Find affordable KY snowmobile insurance coverage for your sled and get out and ride.
Kentucky Snowmobile Insurance
For a great number of people, the onset of winter means something more exciting than rising up in the wee hours the morning to shovel the driveway and drink hot cups of coffee.
For snowmobilers, there is no better feeling than reveling on the powdery white snow across the plains and mountains on your snowmobile.
To get some context about why you need Kentucky snowmobile insurance, here are some interesting facts and statistics:
Snowmobiling is gaining popularity. Currently, there are over 1.4 million snowmobiles are registered in the USA, and this number keeps rising each year. An average snowmobiler rides about 920 miles per year across 225,000 miles of marked and maintained snowmobile trails in North America. With so many machines on the trails today, this has significantly increased the risk of accidents more particularly in protected areas such as national parks.
Though not all states, twenty-three states require snowmobilers to carry insurance. It is expected that other states will soon follow suit. Even if your state does not require you to carry insurance, you are likely to face problems when traveling across states that have insurance requirements. Moreover, having insurance not only protects your investment but also your well-being in the event of an accident that can harm you, a passenger, a hiker along the trail, another snowmobiler or any other property.
What Does Kentucky Snowmobile Insurance Cover?
While there are many optional coverages available, the main parts of a Kentucky snowmobile insurance policy are:
Liability: Liability insurance is used to cover damage caused by a rider to another vehicle, Kentucky Snowmobile, individual, or property when the accident is proven to be the rider’s fault. The property damage coverage on the other hand helps you pay the costs of repairs in case you cause accidental damage to someone else’s property while riding your Kentucky Snowmobile. It also covers the cost of repairs to damage done to another Kentucky Snowmobile.
Comprehensive and Collision: This coverage is meant for repair and replacement costs of your snowmachine following an accident, without consideration as to who is at fault. The cost of comprehensive and collision coverage is largely influenced by the value of the Kentucky Snowmobile.
Instances of fire, vandalism, theft, and weather damage, falling objects, smoke wind and sinking through the ice on a frozen river or lake are covered by comprehensive coverage, while collision coverage is used to fund repairs or replacement when the Kentucky Snowmobile is involved in a collision. You could be riding at a safe speed, and still hit objects like a stump, a rock, a fallen branch, a deer or collide with another KY snowmobile. The damage could be minimal, or extensive. Whichever the case, repairs can be expensive; having a collision cover will save you the agony of repair expenses or even having to buy a new snowmobile.
Medical Coverage (PIP): In some states insurance companies are required by law to include medical coverage in all Kentucky snowmobile insurance policies, although the specifics involved in this coverage vary widely. Medical coverage is meant to cover medical bills resulting from an accident.
Underinsured and Uninsured Motorist: Underinsured and uninsured coverage is not typically mandated by law; however it’s a cheap and often very smart way to protect a rider against other riders who may not have sufficient coverage or any insurance coverage at all. Because it’s cheaper than the other parts of your insurance policy, uninsured and underinsured motorist coverage is recommended by most road safety authorities.
What Kentucky Snowmobile Insurance Doesn’t Cover
Kentucky Snowmobile insurance typically does not cover:
- Using your KY snowmobile as a delivery service or a taxi. So if you deliver packages, food, etc., or if you charge to take people places, you probably won’t have coverage.
- Racing or stunts: If you participate in any kind of organized racing, your Kentucky Snowmobile insurance won’t cover your bike.
- Intentional acts: If you intentionally run someone down on the trail and damage someone or something, your Kentucky Snowmobile insurance won’t apply.
- Committing criminal acts: Even if you’re not charged with or convicted of a crime, any injuries or damages resulting from criminal acts aren’t covered by your Kentucky Snowmobile insurance.
How Much Does Kentucky Snowmobile Insurance Cost?
How much does Kentucky snowmobile insurance cost? The average price of KY Snowmobile insurance varies widely based on certain factors. The premiums vary depending on the company and their underwriting rules, and it depends on the coverages and deductible selected. It can be as low as around $90 to $110 per year if you buy liability coverage only. Most packages average between $2900 to $405 dollars annually all in.
The mistake that a lot of people make is that they assume that their KY snowmobile is covered under other insurance policies such as renters, homeowners, or auto insurance policies. Be sure to check with your agent to see what coverage you need to hit the trails knowing you are covered.
KY Snowmobile Insurance Quotes
Request a Kentucky Snowmobile Insurance quote in Alexandria, Ashland, Ashton, Bardstown, Berea, Bowling Green, Burlington, Campbellsville, Covington, Danville, Edgewood, Elizabethtown, Erlanger, Fayette, Florence, Fort Knox, Fort Thomas, Francisville, Frankfort, Franklin, Georgetown, Glasgow, Henderson, Hopkinsville, Independence, Jeffersontown, Lawrenceburg, Lexington, Louisville, Lyndon, Madisonville, Mayfield, Maysville, Middlesborough, Mount Washington, Murray, Newport, Nicholasville, Ownesboro, Paducah, Paris, Radcliff, Richmond, Shelbyville, Shepherdsville, Shively, Somerset, St. Matthews, Versailles, Winchester and all other cities in KY.
Kentucky Insurance Rules
In KY, there are some insurance regulations that you should be aware of before you start your business or even strike out on your adult life. We will be looking at both business and personal insurance, and the regulations that affect consumers that get these types of insurance. Let's look at personal and business insurance in greater detail according to the regulations in Kentucky.
KY Business Insurance
The first regulations to be aware of is the regulations governing business insurance in Kentucky. Like most states, Kentucky does not require businesses operating in the state to carry commercial liability insurance.
Kentucky is a pure comparative negligence state which means that the plaintiff can recover damages even if they are 99 percent at fault. There is also no personal injury in Kentucky and the statute of limitations is one year.
There are also some mandatory types of business insurance that are required in Kentucky. One type is required in almost all 50 states and is known as Worker's Compensation insurance. In Kentucky, if you have at least one full or part-time employee, then you're required to carry Worker's Compensation insurance. If you have a sole proprietorship where you are the only worker, then you're not required to carry.
You can contact the Kentucky Labor Cabinet to find out about exemptions. The only other type of mandated business insurance in Kentucky is commercial auto insurance if the vehicle is used regularly as part of the business.
Kentucky Personal Insurance
There are a couple of different types of personal insurance regulations that we will be covering. The first is auto insurance. In Kentucky, drivers are required to carry liability coverage that is 25 000 USD per person or 50 000 USD per accident as well as 10 000 USD for property damage. This is pretty much standard for auto insurance in most of the other states out there. Some are a little higher and some are lower.
There are also certain regulations governing life insurance in Kentucky. Life insurance is a regulated industry with the rules listed in Title 25 Chapter 304. One regulation is that Kentucky residents are permitted what is called a free look. That is available in almost every state. Illinois residents can have life insurance for 10 days and if at the end of those 10 days they have evaluated their policy and do not like it they can cancel for a full refund. In addition, Kentucky insurance companies must provide a grace period of 30 days.
Different States Snowmobile Insurance
If you are looking for state specific Snowmobile Insurance quotes, costs and information: