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Discussion Starter #1 (Edited)
If you let someone take your Teryx for a spin and they crashed it and got hurt very badly, who would be liable? Let us say it was on public lands and the person was over 18 years of age. Could the nature of this vehicle , being an extreme machine made for extreme riding , make it almost a lethal weapons of sorts. I suppose what I'm getting at is should you loan your machine out , at all?? Does anyone have any opinions on this?? This is a what if situation, hasn't happened yet, just interested in some different opinions..

Thanks!!
Dennis
 

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Talk to your insurance company. These things get complicated. Also let the person you lend it to know in advance that they are responsible to return it in the same condition they borrowed it in.
 

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thats why me and my wife are the only ones driving mine!
 

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We have borrowed friends Rhino's in the past and it is well known amongst my group of friends that you are responsible for the machine if you borrow it. Having said that, make 100% sure you have insurance on your machine! If something goes bad and say he person borrowing it gets hurt, they WILL come after YOU first since it was YOUR vehicle they got hurt in.

It is not the persons choice but it will be their insurance company going after you and your insurance company. Insurance companies and Lawyers don't take friendships into account when they are protecting their company or their clients.
 

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I agree with Jay that even if you don't have insurance to cover the damage to your machine(which would be advisable considering the cost of them), you should at least have liability coverage for bodily and/or property damage to others. I think it would be safe to assume your homeowner's insurance won't cover the liability with out a special rider attached to it. Attorneys/insurance companies don't rely on friendship or applied consent, therefore, best to have the coverage in writing.....erring on the side of being "overprotected" would be the safest. I apologize to any attorneys on here if it sounds like I'm practicing law without a license. Also, some attorneys have been known to reach the scene of the accident before the 1st responders.....so I've been told.;);)
 

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Not only do we have insurance on our ATV's but additional medical coverage on each one AND we have a $2 million umbrella policy to cover anything that the vehicle insurance won't cover.

Say someone borrows your machine, and they crash and are needing 24/7 care the rest of their life. If that persons family sues or their insurance company sues, you could run out of the insurance coverage on your vehicle easily, and then have to pay out of your own pocket. Since we have property and our own business we needed the umbrella policy.

As much as I think insurance is a scam, we consider our insurance agent a very valuable asset to our financial well being :)
 

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Todd, Say a friend goes with ya and for whatever reason he gets hurt pretty bad and can't work for a few months. He goes to the hospital and since it happened in your vehicle, the hospital or his insurance company will come after you.

Say you run into someone and kill them or they can no longer work for the rest of their life. You will be the one they sue, and they could take everything you own, your business, etc. Thats why insurance is so important :)

Cheaper to kill as long as ya don't get caught... Don't think I'd be able to do the time if I did ;)
 

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Yah Todd, I hate to say it but Jaybo is right again (just kidding Jaybo) I always had an umbrella policy to pick up wherever my other coverage left off when I was in business. I still carry a million just to protect real estate. On my previous post I meant implied consent, not applied consent (brain fart):D
 

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Never thought about that. I rarely ride and when I do it is racing where everyone signs a release.

I really never ride hardly at all and when I do there is normally only the people I ride with there.

I had a guy who worked for a ambulance chaser say that if you had insurance they would come after you and if you didn't the lawyer would not take the case as there would be nothing to go after.

Being I just wrecked my motorcycle, all the health insurance wanted to know was did I have other coverage and since I didn't they paid.

I have a hard time believing that if a person borrowed your UTV and they wrecked it they could collect on you, who would fight that case? If you filed on your insurance to fix it I bet your insurance company would go after them to pay for it.

Either way it can be a ugly situation so don't loan it out and don't let others drive unless your with them and they are just taking it easy. Don't ride in a congested area either.

Things are different here in the south I guess.

Todd
 

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Well, That's where you being a business owner comes in. Since you have assets they could come after you, via a lawsuit. I would strongly look into having a meeting with your insurance agent as well as your lawyer and make sure you and your business are protected from the dirtbag lawyers and insurance companies. You don't want to take a chance of losing all that you work so hard for.
 

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Never loan out your ride. Always carry liablity insurance in case you hurt your family member or friend riding with you. and if you have assets set up a trust. That way it is harder to get your assests if god forbid someone is hurt/killed and they sue. I have a business also and after talking with my insurance agent and lawyer my eyes were opened up to What-IF senario.
My two cents.
 

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Discussion Starter #16
After reading all the replies on this insurance or no insurance converstation, I have come to my conclusion,* I won't be letting anyone else use my machine. Friends or family, it doesn't matter.* The way everyone is sue happy these days is a shame..... One of the points I was trying to make about a Teryx or equivilant, is that these things are made to take her to the max, and most people will, until the tree stops them....this is the nature of the BEAST!!!Thanks !!Dennis
 

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Here are my two cents. In this day and age where people are "sue happy" I see the potential of a nightmare if you lend your vehicle out and that person gets into an accident. If it is a single vehicle accident, than that is different as the proglem will be between you and your friend who you let drive.

In the case where the accident is between your vehicle and someone elses vehicle it could likely be much more complicated. Depending on the insurance company, some companies may tell you that it is not the driver that is covered but the machine, others may say it is the driver who is covered.

The insurance company could claim that they will not cover it because they feel the other driver was not familiar with the vehicle, therefore, the driver will need to contact his insurance.

The other issue I have with loaning my stuff out is that a lot of people don't respect other peoples stuff.

Bottom line, it could get really messy in my opinion, but I am not the authority. Definately check with the company that issues the policy on the machine.
 
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