Golf Cart Insurance Considerations

In many communities (particularly retirement communities), golf carts are a mode of transportation for residents. If you own a golf cart you may wonder if you need to insure it. Here are some things to consider when determining if you are going to insure your golf cart.

State Law

First, it makes sense to check the state law because some states require golf cart insurance. In Florida, golf cart liability insurance is mandatory if the golf cart will be used on public roads.  If the golf cart is “street legal”, it must have liability insurance.  There are regular golf carts that people drive on the roads in their neighborhood that aren’t necessarily categorized as “street legal”. 

Theft Protection

Consider what will happen if your golf cart is stolen. Without insurance, you may not have the money to replace the golf cart. With insurance, you are able to file a claim to receive compensation if the golf cart is stolen or damaged.

Liability Protection

Golf carts, though relatively lightweight, can still cause damage or injuries. Your home insurance policy or car insurance policy probably will not provide coverage for your golf cart. So if you injure someone else or cause vehicle or property damage, you will have to pay out-of-pocket. Depending on the severity of the accident, this could be very costly.

If you own a golf cart, it is recommended that you look into adding an endorsement to your existing car insurance policy or purchase a policy specifically for your golf cart. Consider the following types of insurance aspects that may be beneficial for your situation.

• Be sure to request both property damage liability coverage and bodily injury liability coverage. That way the insurance can help pay for both property repairs and medical bills. 
• If you include collision coverage, the insurance helps pay for repairs to your own golf cart if you are in an accident. 
• Comprehensive coverage helps protect you in case of a fire or theft. 
• You may even be surprised to find you have roadside assistance with your golf cart insurance. If you get a flat tire, you won’t be stranded!

Many golf cart owners find that having golf cart insurance is beneficial and gives them peace of mind. If you own a golf cart and will be driving off of your own property, be it your neighborhood road or a public road,  insurance is recommended.

Get the coverage you need. Call Ramey Insurance Agency at (941) 497-2468 for more information on golf cart insurance.