ATV insurance, as with most recreational vehicle insurance, is almost never required by the state in which you live. In most cases, this type of insurance is an optional coverage that is used to protect the ATV and in some cases the rider. For those that are riding in areas that are private property or that are pay trails, the owner of the property may require you have insurance to protect themselves should something happen while you are riding on their property. For those in the Arlington, TX area, the agents with Strack Insurance Services can help you find the right coverage.
Overall, ATV insurance and similar insurances are in place to protect the rider and to protect the ATV should something happen to it. This is going to help the rider to recover the cost of the ATV should something happen or should it be damaged while you are riding. Unlike a car that is thousands of thousands of dollars to replace and that is driven on public roads where it may come in contact with other vehicles and may cause major damage or even death to other drivers, ATVs are generally driven on private property and are not allowed on the road.
Also unlike houses that are tens of thousands and that the bank finances, you are not going to have to worry about a huge loan on an ATV like you would a house so your lender may not require coverage. If you feel you need coverage for your ATV, it is always best to talk with an agent and see what types of coverage there are and what you can do to get the right coverage for you. For those in the Arlington, TX area, the agents with Strack Insurance Services can help.