If you own a road-legal quad bike and want to use it on public highways, you will need a vehicle insurance policy similar to those required for other road-going vehicles such as cars, vans and motorcycles. There are three types of quad bike insurance policy which have different levels of cover to suit your individual requirements; Comprehensive, Third Party, Fire & Theft and Third Part Only.
It is personal choice as to which of the policies you feel is most appropriate for your situation, but the choice should not be made without first having a level of knowledge of what the different policies can offer you.
Comprehensive quad insurance policies are generally the most expensive ones available, but this is because they offer a full range of protection. The main advantage of having a comprehensive insurance policy is that if you are involved in a collision, even if it is deemed to be your fault, you will be awarded compensation in order to pay for any required repairs to your quad. This means that you will not have any extra expenses to pay on top of your insurance premium.
Comprehensive insurance also protects your quad against damage by fire or theft; both elements are real hazards to quad bikes and so having cover against them is sensible.
The final element of a comprehensive insurance policy is that the insurer will pay repairs and compensation to third parties in the event of a collision which is as a result of your negligence or actions.
Third Party, Fire & Theft (TPFT)
A TPFT policy will give you an adequate level of cover but will generally have a lower premium. Unlike a comprehensive policy, TPFT insurance does not cover the repair of your vehicle in the event of an accident caused by yourself; this is the only difference however.
TPFT policies, like the name suggests, gives you protection against fire damage and theft which is particularly important as over £5m worth of quad bikes are stolen each year.
Third Party Only (TPO)
If you are looking for cheap quad insurance, than a Third Party Only policy may be ideal for you. A TPO policy is the minimum insurance requirement to make your quad road legal, and as such is generally the cheapest. However, it also provides the least amount of cover.
TPO policies only pay for repairs and compensation of third parties in the event of a collision which is caused by you. Damage repairs to your quad will not be paid for, potentially leaving you with a large bill. Similarly, you will not have protection against fire damage or theft; it is for this reason that it is advisable to have at least a TPFT insurance policy on your quad bike.
If your quad is for off-road use only, it is good to know that it does not need to be insured to be used legally; you do not even need a driving license to drive a quad on private land.