Category Archives: ATV Insurance

How Long Does a Traffic Ticket Affect My Auto Insurance?

A traffic ticket can stay on your record for up to 10 years but will typically only affect your auto insurance rates for 3 to 5 years, depending on the insurance company. 

When evaluating your risk factors one of the areas that an insurance company looks at is moving violations.  Most insurance companies include a surcharge for moving violations such as speeding, disregarding a stop signal and tailgating to name a few.  This surcharge will continue for 3 years with most companies, while other companies continue a surcharge for up to 5 years. 

The amount of the surcharge varies depending on the number of tickets, the severity of the ticket, how recent the ticket was and if there are other negative risk factors on the policy.  The surcharge normally decreases over time as the ticket date gets older and older.

Traffic ticket divergent programs do not normally affect how an insurance company surcharges for tickets.  If the ticket shows up on the Motor Vehicle Report (MVR) the insurance company still sees this as a risk factor and will apply the same surcharge. 

Seat belt violations and parking tickets are not considered to be moving violations and normally do not affect your risk factors thus they do not normally affect your insurance rates.

If you’ve had a ticket in the last 5 years but have remained with the same insurance company, you may be paying too much for your auto insurance.  For an auto insurance rate contact Bragg Insurance Agency at 317-758-5828 or visit our website at www.bragginsurance.com

Referring Partner Rewards Program

FOR IMMEDIATE RELEASE

Bragg Insurance Agency Announces

Referring Partner Rewards Program

Free Gas Card

Bragg Insurance Agency (BIA) will be rewarding our clients and members of our community for referring their friends and family to our agency.  Each qualified referral will earn the referring partner a $10 gift card (no purchase necessary).  The referring partner’s name will then be entered into a drawing at the end of that month for an additional $50 gift card.  In addition the referring partner’s name will be entered into another drawing to take place twice per year for a $100 gift card.

There is no limit to the number of gift cards that can be earned   Purchase is not necessary to enter and win!  A referring partner could potentially earn up to $160 for a single referral!

A qualified referral is a person or business that has a verifiable need for an insurance product that BIA offers;  is not a current customer of BIA; has not been a customer of BIA within the past 90 days;  and hasn’t applied for insurance with BIA within the past 90 days.

Call Brian Bragg at 317-758-5828 for all of the details and to learn how you can become a BIA referring partner!

Does Homeowner’s Insurance Cover My ATV?

If you own a John Deere Gator, Polaris 4-Wheeler, Golf Cart or any other type of all-terrain-vehicle (ATV) that can be driven on or off your property there are some things you should know about how your homeowner’s insurance policy may or may not cover your liability and your property.

Don’t assume that your homeowner’s insurance has you covered. gator-18

Depending upon your insurance company and type of homeowner’s policy that you have, your homeowner’s policy may have you covered while the ATV is on your premises.   Don’t assume that you are covered; make a quick phone call to your local insurance agent and check your coverage. ATV’s are expensive and your liability is unlimited so a quick check in with your agent is well worth it.

In all likelihood you will be driving the ATV off premises, at least occasionally.   This is where things could get ugly. Homeowner’s insurance companies rate you policy with the risk factors at your home in mind. When you drive your ATV off or your property there are many other risk factors that come into play. Because of this, most homeowner’s insurance policies exclude liability and property coverage to ATV’s driven off premises.

The good news is the endorsement is inexpensive.

To cover your ATV and your liability when you drive it off of your property is normally a pretty easy and inexpensive fix. Depending upon your insurance company, you may be able to add an endorsement to your policy that covers both your ATV and your liability. I recently did this type of endorsement and it cost the homeowners $22 for the year. But, if this policy went unendorsed there would be no coverage if an accident occurred.

If your homeowner’s policy does not offer such an endorsement there are also inexpensive policies that you can purchase. Depending upon the circumstances these policies can range in price from $30 to $225 per year. This is a whole lot less expensive than the cost of replacing your ATV or covering the medical costs of someone who may be injured as a result of an accident caused by the ATV.

The Key is Communication

The relationship that you have with your insurance agent should be a good one. Their contact information should be easy for you to locate and you should feel comfortable calling or emailing them to find out how your coverage works. Your insurance agent should also be relatively quick with their response (within 24 hours). Regardless of who your insurance agent is, you must communicate these types of changes. It’s always a mistake to assume that you are covered. Simply make the phone call or email to assure yourself that you have the coverage that you think you have.