I have a snowmobile - What should I consider?

Consider protection for your:

snowmobile, trailer, liability coverage in case of bodily injury to others or property damage to anothers snowmobile or other property, medical payment protection for you and your passengers

Many snowmobiles are inexpensive enough for people to consider self-insuring. However, by doing that many people overlook liability protection. If your snowmobile is involved in an accident that injures someone else or their property you are responsible for those damages. Depending on the incident those costs could be small or a severe accident could result in damages costing several hundred thousand dollars. There is nothing wrong with self-insuring, as long as you can afford to pay for any damages you cause.

Considering that snowmobile insurance is relatively inexpensive you may wish to transfer that risk over to your insurance company.

In Alaska, if two snowmobilers collide in the woods, the liability is shared, as there are no clearly designated right of ways. If you come over a hill and collide with a snowmobile coming from another direction, each of you is liable for one-half of the others property damage and bodily injury.

For example, if your snowmobile sustains $1,000 in damage and your broken leg costs $4,000 to repair, and the other party sustains $6,000 in damage to their sled and $14,000 in medical bills. You would have to pay $10,000 to him (one-half of $6,000 + $14,000) and he would pay you $2,500 (one-half of $1,000 + $4,000).

For this reason, having adequate liability protection on every sled you own is very important.