There are two types of golf cart insurance policies: an exclusive stand-alone policy or golf cart insurance that you attach as an add-on to your homeowners policy.
Both types of policies are fairly inexpensive and are usually about the same price. But as you will learn in this article, there sometimes can be major differences with coverage between the two....
An exclusive standalone golf cart insurance policy not only offers more types of coverage, but it also usually offers higher levels of coverage for about the same price.
That is not to say that all golf cart insurance policies attached to a homeowners policy are lousy. There are some homeowners insurance companies who do provide good coverage for golf carts attached to it, but not many!
You have look closely at the coverage and the levels offered. Because some attached homeowners policies offer very lousy coverage when it comes to insuring golf carts.
For instance, many attached golf cart policies have unwritten unreasonable boundary restrictions. Some of these restrictions can be flat-out silly!
For example, there are some attached policies that won't even cover you when your golf cart is off of your property. You must look closely to find out where exactly (and more importantly) where not exactly that your golf cart is covered. Furthermore, there are not as many coverages are offered on most policies attached to a homeowners insurance policy as what’s offered on a standalone golf cart insurance policy.
With an exclusive golf cart policy, many coverages are offered that you would be familiar with from a regular auto insurance policy. These coverages include:
There's not many qualifications on a golf cart insurance policy, only three:
Golf Carts and Occasional Road Use
This is where you need to be careful about what coverage you have if you occasionally ride your golf cart in places where you need to cross, or travel on public streets. This includes leisure rides on slow neighborhood streets....
Most standalone golf cart insurance companies will insure you for that (I can't say that all companies are ok with that, I only know that all the golf cart insurance companies that I carry are fine with it).... But if you have at attached golf cart policy, you need to check on that!
Golf Carts that are Licensed for Road Use.
Many small towns are passing ordinances making it legal for golf carts to be licensed for road use. If you decide to register your golf cart as being street legal, be advised that your choices of golf cart insurance companies become limited, even with standalone policies.
For example, of the standalone golf cart insurance companies that I sell, only about half of them will insure a golf cart licensed for road use.
It's still doable, but may take a little extra shopping around for the right coverage and price.
Need Help finding the right Golf Cart Insurance policy for you?
If you live in Ohio, Indiana, Michigan, Pennsylvania, Virginia or West Virginia, I will be happy to help you. Click the link below and I will find you the right policy for the right price.
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Short answer: Yes, you can! But conditions apply…. Here’s the deal …..
There are many auto insurance companies that will not start an auto insurance policy with any rated driver having a suspended license. But the good news: there are many auto insurance companies that will allow a suspended driver to start a policy. However, the policy is issued on a conditional basis…..
For many drivers who are on the verge of having their license reinstated, obtaining auto insurance (and in many cases have a state filing attached to it) is usually the last step needed before their license becomes valid again. Many auto insurance companies understand that there is a catch 22 involved: You can’t get a license reinstated without auto insurance and you can’t get auto insurance without a valid license. To solve this problem, some companies will allow you to start a policy before your license is reinstated.
But make no mistake, the policy is issued with the understanding that you will have a valid license very soon! Generally, you’re only given a few days to get your license situation straightened out (some companies may only give you a couple days). It won’t be long before they re-check your license status. If you don’t have a valid license by time they re-check, you will most likely be sent a cancellation notice.
So make sure you are ready to move quickly. Don’t buy your auto insurance policy until you’re set to get your license activated, and be ready to move quickly!
Click here to get an online auto insurance quote
I am amazed at how many people select their level of liability auto insurance coverage without even knowing what coverage they're buying. It only takes a few minutes to understand how liability coverage works, and it is very important coverage to have. You need to understand liability coverage in order to be able to get your coverage at the level you need it to be.
There are two ways for auto insurance companies based their liability coverage on: split limits and combined single limits. The vast majority of you have your liability coverage based on split limits, so we'll start with that.
Split limits are usually represented in the following way:
These three components tell you how much your policy will pay out if you are at fault and cause an accident. They're usually represented in terms of thousand of dollars (E.G. 100 = $100,000).
Part A: Represents how much your auto insurance company will pay for injuries you caused to a single person. So for example, if you have 100/300/100 coverage, and you caused a serious accident, it will pay the other driver or one of its passengers up to $100,000 per person.
Part B: Represents the same thing as far as covering you if you cause bodily injury to another driver or passenger. The difference is that part B is the total it will pay for all of the injuries you caused in one accident.
Part C: Is what your auto insurance policy will pay out for any property damage that you caused.
It's as simple as that! That's how split limits work on the liability part of auto insurance.
A small percentage of you may have combined single limits instead of seeing three different numbers. This represents the total amount your policy will pay out for liability injuries and property damage. There's no limit to how much it would pay anyone person for injuries, there is no limit on how much it will pay out for property damage either. The only limit is how much your combined single limit will pay in total for one accident.
So for example if you have a policy with combined single limit of 500,000, that's the most your policy will pay out for injuries that you caused plus property damage your caused. It doesn't matter whether the damages are from bodily injury or property damage. Once the totals approach that number, that's the most your policy will pay out.
Quick word on state minimum liability auto insurance coverage
Every state assigns a minimum level of liability coverage that drivers are required by law to carry in order to drive legally. A lot of drivers tend to settle for the state minimum amount of coverage. This is a HUGE MISTAKE! If you cause a serious accident, state minimum coverage is far from adequate to cover the costs of personal injury and property damage. YOU could be on the hook for the rest of the charges your liability coverage doesn't pay. Always check to see how much more higher levels would be. In many cases, you will be surprised how little in cost that higher levels of coverage run.
The Connection between Liability and Uninsured/Under-insured Motorist coverage.
Another very important part of your auto insurance coverage is uninsured motorist coverage... You can only select uninsured motorist coverage at a level equal to or less than what you're carrying for liability.... So if you go skimpy on liability coverage, you will have to go skimpy on uninsured motorist coverage as well.
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If you own a classic car in Michigan, and still have your vehicle registered with regular license plates, you’re missing out on a lot of easy savings! In fact those savings amount to over $153 per year, per vehicle. If your classic/antique vehicle qualifies, making the switch on your registration from standard to historical is very easy. It’s just a matter of filling out an application. This article will go over everything you need to know to help you get the process started.
Where do the savings come from?
The savings comes from two places:
How much do I save?
Starting on July 1, 2018, and going until July 1, 2019, the mandatory MCCA fees for a regular vehicle goes up to $192 per year, per vehicle. Historical vehicles only pay 20% of that, which is $38.40. So that’s a savings of $153.60 in MCCA fees alone. In addition, the savings on yearly registration fees are significant. In Michigan, registration fees vary according to the vehicle. So the savings will vary as well.
To calculate your yearly average savings on the registration part, take the amount you would pay yearly for renewal as a regular vehicle, and subtract three dollars (yearly average cost of historical registration fee). Add that to the $153.60 you saved on MCCA fees, and you have your yearly average savings total.
Why your next upcoming registration renewal is the perfect time to switch to historical plates.
This upcoming fiscal year will be the highest that MCCA fees have ever been in its 40 year history. As I mentioned earlier, it goes up to $192 per year, per vehicle in July. This breaks the previous all-time high of $186. So this would be the ideal time to make the change. The savings mentioned earlier is as high as it’s ever been in any years past.
Should I insure my classic car on my regular auto insurance policy or buy a separate classic car insurance policy?
If your classic car qualifies for history tags (see the qualifications I listed above), it most likely qualifies for classic car insurance also. And if so, you definitely want to insure your classic car on its own separate policy. Coverage is much better with classic car insurance than versus regular car insurance…. And the best part, classic car insurance premiums are usually much less than regular auto insurance due to it being only an occasional use vehicle. A classic car insurance policy beats regular auto insurance in coverage, price and claims (claims adjusters specialize in classic cars).
How much does Classic Car Insurance cost?
Prices vary based on the value of the vehicle and many other factors. If you would like help finding you the lowest classic car insurance rate, click on the link below and I will be happy to run you a quote with three of the leading classic car insurance companies.
Click here to get an Online Classic Car Insurance Quote
How does Ohio SR22 Bond Auto insurance work?
There is a lot of confusion about SR22's and how they work. Much of the confusion is because of common terminology that we all use, but is misleading. For example:
An SR22 is NOT a bond.
An SR22 is NOT auto insurance either.
An SR22 is a state filing that you can attach to some type of auto insurance policy, if the BMV requires you to carry it. An SR22 can attach to a regular auto insurance policy, a Financial Responsibility Bond (Ohio is the only state that has such a bond), or a Named Operator policy (for people who need auto insurance but don't own a vehicle).
An SR22 state filing is something that the BMV requires drivers to obtain after a license suspension. Once a suspended driver has met all the requirements to get his/her license back, getting an SR22 filing is usually the last step a driver needs to take before getting their license reinstated.
How does an SR22 filing work?
When you attach an SR22 onto some type of an auto insurance policy, the auto insurance company is required by law to notify the BMV that you have at least state minimum liability auto insurance coverage. This triggers a license reinstatement (assuming all other requirements have been met)....
However, if you ever were to lapse or cancel on your auto insurance policy in the future, the auto insurance is required by law to "tattle" on you to the BMV. Once the BMV gets notice that you have canceled on your policy, they will suspend your license again... Your license will remain suspended until you file another active SR22, whether it be reinstating your old policy or starting a new one.
So the best way to understand how an SR22 filing works is to think of it as a "tattle-tale" attachment. It tells on you when you cancel your policy, as state law requires the auto insurance companies to do.
How long do I have to carry an SR22 filing?
For the vast majority of drivers, the SR22 filing period lasts usually three years. But it can be more or less, especially if it is court ordered.
One last tip:
Not all auto insurance companies will do SR22 filings. And some will charge a fortune to do so.... You need to find an independent agent who specializes in high risk auto insurance to get an affordable rate. The companies they carry are more SR22 friendly and go easy on drivers with dings on their driving record.
Click here to get an Ohio SR22 Bond Quote
You’ve probably wondered what factors auto insurance companies use to calculate your insurance rate. There are basically nine major factors that auto insurance companies use. I will list each one of them and give an explanation as to how they affect your rate. I get asked all the time, “Why does my neighbor have higher coverage than I do yet still pays a lower auto insurance rate?” …… The answer to that question is one of two things: Either (A) it’s because of a combination of the nine factors listed below, or (B) your neighbor did a better job of shopping around for auto insurance than you did.
The thing you need to keep in mind is that no two auto insurance companies prioritize or weigh these factors exactly the same. Every company does their own thing when it comes to how they calculate auto insurance rates. Therefore, there is no way for me to prioritize this list. But you’ll still get a good understanding of what goes into calculating auto insurance rates. So let’s get started with these factors……
1. Age – Driving ages usually range from 16-85…. Drivers toward the outer parts of that range tend to pay more than people in the middle of that age range. That is, someone in their 40’s, 50’s or 60’s will pay less than teenagers or drivers in their late 70’s or 80’s. But again, each company sets those age ranges differently.
2. Location – While traffic crash and crime statistics do play a part, the size of the town you live in usually is the biggest indicator…. Generally, people who live in smaller towns pay less than people from big cities.
3. Residential Status – Homeowners pay less than renters do… Being a homeowner usually includes a big discount with most companies.
4. Marital Status – Married drivers pay less than single, separated or divorced drivers. You might think this is silly and perhaps unfair. But crash statistics don’t lie, and married people tend to be in fewer accidents than unmarried people. As far as people who are widowed, some companies classify them as still being married, while other companies classify them as being single.
5. Credit Rating – If we tried to prioritize this list by importance, credit rating would jump all over the place from one company to the next. Some auto insurance companies make credit score a huge factor, while others only figure credit score in as a tiny factor. Some companies check credit scores like a credit card company would. Other companies only do soft credit pulls…. The good news is that shopping around for auto insurance doesn’t affect your credit like shopping around for credit cards does… Some credit scores get dinged by having multiple credit card or loan inquiries…. Fortunately, that’s not the case with auto insurance. It doesn’t hurt your score at all to shop around for auto insurance.
6. Driving Record and Claims History – This tells what accidents, tickets and prior insurance claims you have. These are obtained by two major sources; your MVR (Motor vehicle report from the state BMV) and your CLUE score (your auto insurance history). Obviously, someone with a clean record will pay less than someone with dings on their driving record.
7. Having Prior Insurance – This also tends to be a big factor with most auto insurance companies. Having at least six months of active auto insurance coverage usually gets a big discount. Some companies will offer even bigger discounts for having active coverage farther back than six months. Some companies will also offer bigger discounts for having liability coverage that is higher than state minimum levels.
8. Gender – Men may joke about “women drivers = no survivors”, but the reality is that it is not true. Statistics show that women are the safer drivers, and thus pay a slightly lower rate than men.
9. Vehicle(s) insured – This is broken down in two parts:
Those are the nine major factors. Auto insurance companies prioritize them any way they want to. That’s why it’s important to shop around for auto insurance at least every two years.
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Why getting an anonymous online auto insurance quote is a waste of time
We have all seen those commercials on TV about getting an anonymous online auto insurance quote. It sounds like a great idea. But in reality, it is really a complete waste of time!
Getting an auto insurance quote online anonymously has major flaws as far as how such a quote is calculated. This article will explain why this is a bad idea….
There are two major shortcomings to getting an anonymous online auto insurance quote:
1. The quote will be very inaccurate.
By filling out an anonymous auto insurance quote, you’re getting a wide range “guesstimate” at best. And of course, your quoted price will only show the lowest possible price in that guesstimate range….. Without entering personal information about your actual identity, there’s no way for an auto insurance quote to be accurate. This is primary because of two major factors:
A. Credit rating.
Whether it’s fair or not, 92% of all auto insurance companies use credit as a rating factor to calculate your auto insurance premium. The degree to how much weight credit rating matters varies greatly from one auto insurance company to the next…. With some auto insurance companies, your credit rating is a big deal, to where the company may decline offering coverage to a driver that doesn’t meet their credit standards…. But on the other hand, there are also auto insurance companies that don’t care much about your credit score, if at all. The majority of auto insurance companies fall somewhere in the middle of that spectrum, as far as how they weigh credit.
Bottom line: Credit matters! There’s no way an auto insurance quote can be accurate if the company doesn’t know someone’s identity.
B. CLUE score.
A CLUE report is your insurance history report. It tabulates your insurance history much like a FICO score tabulates your credit history (or a Motor Vehicle Report reflects your driving history). Like credit history, most auto insurance companies use CLUE reports as a factor to calculate your premium…. Without knowing your identity, an anonymous quote can’t factor this in. So once again, any anonymous quote will likely be inaccurate regarding the CLUE report.
2. The quote will be very inefficient.
There’s nothing wrong with getting a quote with one auto insurance company at a time. However, it is very inefficient as far as your time is concerned. And because time is a factor, you are also limiting your chances of getting an affordable rate…. You have much faster options as far as shopping around….
Where is the best place to look online for auto insurance?
As mentioned before, quoting with just one company at a time can be very time consuming. Your best bet is to look for independent agents online. That way, you only need to give your quote information once and an agent will do the shopping around for you. This allows you to get quotes from multiple auto insurance companies at a time.
Where not to look: Beware of Lead Generation Sites!
While looking online for an auto insurance agent/agency, you need to be aware of lead generation sites. Stay away from them! Lead generation sites mimic and look just like that of a real agency website. Only they’re not insurance agents at all! They simply collect your quote information and sell your info to other agents (sometimes dozens of agents). This will cause your phone to ring off the hook!
How to spot a lead generation site
Any legitimate agent or agency will have their name, address and phone number prominently displayed on their website. A lead generation site may look just like a real agent’s site, except that the agent appears to be anonymous. Having no name, address or phone number is a dead giveaway. So look out for that!
What good is getting an auto insurance quote if it is not accurate? An anonymous quote can be nowhere close to being accurate for reasons I’ve mentioned. Therefore, anonymous quotes are just a big waste of your time.
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Finding insurance coverage on A Polaris RZR or any other ATV/UTV is very easy to find. However, if you decide to have this vehicle licensed for road use, your choices are much more limited. The bad news is that many insurance companies that cover ATV’s such as a Polaris RZR and will not offer coverage once the vehicle gets licensed for road use. The good news is that there are still many companies that will. You just have to dig a little deeper and look in the right places.
For those of you who live in the states of Ohio, Indiana, Michigan, Pennsylvania, Virginia and West Virginia, I will be able to help you to personally solve this problem right away. There are companies that will be happy to insure an ATV/UTV regardless of whether or not it’s street legal as long as it is primarily used for off-road activities, and only driven on the road occasionally. This includes both liability only coverage or liability with physical damage coverage (Comprehensive and Collision).
But before buying ATV insurance or getting a quote, there are four key things you need to be made aware of:
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Why Hagerty Auto Insurance beats insuring a classic car vs. a regular auto insurance policy.
Ask any classic car owner and they will tell you that their car is their baby! And they like to treat their car as such, handling it with kid gloves. Why not treat your baby the same way with your auto insurance coverage? Unless you use your classic car as an everyday use car, it makes no sense to insure it under a regular auto insurance company. Hagerty Classic Car Insurance offers much better coverage, and usually for less money than a regular auto insurance policy.
The qualifications are fairly simple:
Types of Vehicles Accepted
Hagerty not only insures classic/antique cars, but also many other types of classic vehicles: trucks, motorcycles, boats, tractors, fire trucks and more.
Reasons why Hagerty auto insurance is much better than insuring your classic car on a regular auto insurance policy:
If your vehicle qualifies for classic car insurance, then insuring it with Hagerty Auto Insurance instead of a regular auto policy is a no-brainer! Like I mentioned above, coverage is better. Claims handling is better. And more often than not the price is comparable, if not lower.
Click Here to get an online classic car auto insurance quote
Where can I buy an out-of-state SR22 auto insurance filing?
Buying an auto insurance policy with an SR22 filing attached can sometimes be a real pain in itself! But if you live in one state and need an SR22 auto insurance filing in another state, it becomes even more difficult. While you can find plenty of information out there about in-state SR22 filings, there’s not much information available about out-of-state SR 22 filings. The most frustrating part is that only a small percentage of auto insurance companies will accommodate drivers who need out of state SR22 filings. If you don’t know exactly where to look for such a policy, it can be like finding a needle in a haystack.
Fortunately, it’s not a lost cause…. There are companies out there that can take care of your problem… If you currently live in Ohio, Michigan, Indiana, Pennsylvania, Virginia or West Virginia, I can help you personally regardless of which state you need the SR22 in…. If you do not currently live in one of those states, this article will at least arm you with what you need to know and steer you in the right direction. Things aren’t as complicated as they seem to be. It just takes three simple steps: 1. Setting your policy up in the right state 2. Choosing the right liability coverage level and 3. Knowing where to look…… Let’s get started!
1. Setting up your policy in the right state.
The state that you need to have the SR22 filing in doesn’t matter…. What matters is the state that you’re currently living in. You need to set up your policy in your state of residence. You need to find an agent in that state, not the state you need the SR22 in.
2. Choosing the right Liability coverage level.
This part is a little tricky, but not impossible…. Each state decides what their state minimum level of liability coverage is. SR22’s are based on a state’s minimum liability requirement. You need to look up what the state minimum liability requirement is in both the state you’re currently living in and the state you need the SR22 filing in…. Whichever requirement is higher for both bodily injury and property damage between the two states, that’s the level you need to carry on your policy. An agent can help you with that.
Here are the current state minimum requirements in the six states that I represent:
*The first two numbers represent bodily injury liability coverage (in 1000’s).
**The third number represents property damage liability (in 1000’s).
If you need to look up another state’s requirements, a simple google search will work, or your agent can look it up for you.
3. Where to look for an auto insurance policy with an out of state filing.
Your best bet is to find an independent agent online that specializes in SR22 auto insurance (aka high risk or non-standard insurance). They are best equipped to handle that “needle in a haystack” problem. The companies that they carry are some of the few who will help you. And they will more than likely carry enough companies to find you an affordable rate. Looking just about anywhere else probable is a lost cause. Less than half of auto insurance companies won’t handle in-state SR22’s, let alone out-of-state SR22’s, which narrows the choices down to a small slice of companies. An SR22 auto insurance agent is the most likely to be able to help you.
Shopping online for an agent is the best way as far as efficiency. Just make sure you’re quoting with an actual agent and not directly to a company (quoting one company at a time for your needs would take forever!). Also, make sure you are quoting online with an actual agent/agency vs. quoting with a generic auto insurance quoting site (a real agent/agency will have real names, addresses and phone numbers displayed on their site vs. the fake sites that are anonymous).
What if I need an out of state SR22 filing, but I don’t own a vehicle?
You simply need a Named Operator’s policy. Everything I’ve said here about regular auto insurance also applies to a named operator policy for those who don’t own a vehicle, but still need an SR22 to get their license back.
There’s no getting around it. Looking for an out-of-state SR22 filing can be a real pain! Follow the steps above and it will make your problems much easier to solve. For those of you who live in Ohio, Michigan, Indiana, Pennsylvania, Virginia or West Virginia, I would be more than happy to help you personally. Simply click one of the quote forms below.
Click here for an out-of-state SR22 Auto Insurance Quote if you own a vehicle.
Click here for an out-of-state SR22 Auto Insurance Quote if you Do Not own a vehicle.
Dan Lyles is an Independent Insurance Agent serving Ohio, Indiana, Michigan, Pennsylvania, Virginia and West Virginia..