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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Dan Lyles is an Independent Insurance Agent serving Ohio, Indiana, Michigan, Pennsylvania, Virginia and West Virginia..