COLUMBUS — Ohioans who plan on spending the warm weather months riding an All Purpose Vehicle (APV) should be aware that recent changes to Ohio law now require certain APV’s to be registered with the Bureau of Motor Vehicles (BMV). If you own one of these vehicles that needs to be registered, your insurance coverage, particularly the liability coverage provided by your homeowners insurance policy, could be affected, said the Ohio Department of Insurance.
A standard homeowner’s policy does provide liability coverage for certain motor vehicles under specific, limited circumstances. However, the liability coverage in the homeowner’s policy that may have applied to your APV may no longer exist due to the change in Ohio law that now requires the APV to be registered.
In order to determine if your homeowner’s policy’s liability coverage is still providing insurance protection when operating your APV, the Ohio Department of Insurance makes the follow recommendations:
- Contact the BMV to determine if the APV you own is required to be registered. The BMV’s website is http://bmv.ohio.gov/
- If the answer is yes, check with your insurance agent to see if the liability coverage of your homeowner’s policy still applies to your APV. Discuss with your insurance agent all the insurance options available to you.
- Regardless of whether or not your APV is required to be registered, talk with your agent to determine the insurance coverage you would need or want for your APV. Options include:
- Adding an endorsement to an auto insurance policy. A typical auto insurance policy does not provide liability or physical damage coverage for the operation of an APV. However, you may be able to add an endorsement to your auto insurance policy to provide both liability and physical damage coverage for the APV.
- Purchasing a recreational vehicle policy. These policies can provide extensive liability and physical damage coverage, for not only the APV but also for the trailer that is used to transport it. Your insurance agent should be able to provide multiple options to suit your insurance needs.
-Purchasing an umbrella policy. These policies can provide additional liability protection. Ohioans who already have an umbrella policy should let their insurance agent know that they have an APV, as it could affect their coverage.
It is important to note that if an APV owner were to cause an accident and did not have insurance, they could potentially face legal action and significant long-term debt. The owner could end up paying for one accident for the rest of their life. The Department strongly encourages consumers to talk with their insurance agent to discuss the risks of operating any APV without insurance and the insurance options that are available.
For additional information about this and other types of insurance coverage, please visit the Department’s website, www.insurance.ohio.gov or call the Department’s Consumer Service’s hotline at 1-800-686-1526.