We at Veritas Insurance Group want to make sure that your recreational vehicles are covered no matter where you play. We specialize in covering your favorite recreational toys nationwide. Give us a call or request a quote online so one of our experienced agents can construct a policy that is personalized to meet your individual needs and budget.
Your off-road vehicle will not be covered by your homeowners insurance policy, so separate coverage is necessary. You have choices when it comes to protecting your off-road vehicle in the event of a total loss:
Total Loss Coverage (TLC): provides the highest level of protection. This coverage is available for off-road vehicles that are not more than one year old. Your vehicle will be replaced, up to the first two model years, with a new vehicle of the same (or most similar available) make and model. After two model years, your policy will cover your full purchase price, minus your deductible.
Actual Cash Value (ACV): this type of coverage will pay the actual depreciated value of the off-road vehicle at the time of total loss, minus your deductible. ACV is the least expensive type of coverage. If your off-road vehicle is financed, ACV coverage coordinates well if you’ve purchased GAP protection from your dealer or finance company. GAP protection ensures that your loan balance is paid in the event it exceeds the value of the vehicle at the time of loss.
Agreed Value: off-road vehicles are typically insured under a TLC or ACV policy. Occasionally insurance carriers will require Agreed Value coverage due to the age, value or make of the vehicle. If you experience a total loss at any time, this policy will cover the Agreed Value of the unit minus the policy deductible.
At Veritas Insurance Group, we specialize in covering your off-road vehicle. We will tailor your policy with the options and coverage limits that meet your needs. We can protect you in the following ways:
Before you decide on an insurance policy, call a Veritas Insurance agent to discuss the different coverage options for your off-road vehicle. We are available nationwide to provide you with personalized service, and have access to an extensive network of carriers, so we can find the perfect fit for your coverage and budgetary needs. Contact us today!