If you can't get insurance on the sled and you total it. You can do what a buddy of mine did and go into the parking lot with it and back over it with his truck and let the auto insurance cover it.
that is funny as hell!!! I probably have something to do with the insurance issues... back in the day you could rent a sled and for a minimum up charge get "walk away insurance" i.e. wreck it and walk away, nothing out of pocket... we looked as this a great opportunity to "test" sleds... honestly never wrecked one but I really did "ride it like a rental"