Golf Cart Insurance
Golf cart insurance is not something that we think about all that often, but we should. In many ways, operating your golfing vehicle is no different than operating your automobile. The same types of mishaps can occur, and your responsibilities, should you be at fault in an accident, should also be cause for concern for those who operate these smaller off-road vehicles. This article looks at some of the reasons golf cart insurance is important and offers a few tips on how to get the best rates.
Let’s begin by saying that golf cart insurance is affordable. But there are a few “but’s” to keep in mind. The least expensive cart golf insurance is found on those vehicles that are used on the links. If you pull your vehicle to the course on a trailer, or if you keep the vehicle in the course barn, your rates will usually be low and very affordable. The reason for this is simple: you are at less risk of harming yourself or others than those who use their vehicles for other purposes. At a minimum, you would want to cover your vehicle against loss due to fire, flood, or accidents and you would also want to get some coverage as it pertains to your liability should you run over someone.
If you use your vehicle for other purposes, such as off-road trail blazing, your rates will be higher. This is simply because the amount of risk you are taking driving through the back woods is higher than what risk is associated with course use. For those who use their vehicles in any type of off-road venue, you must obtain golf cart insurance to cover not only the vehicle but also any passengers you may be carrying. You should also have coverage for anyone outside the vehicle as you might be held liable for any injuries you cause. And, of course, it is also a good idea to have some protection on yourself in case you are injured or disabled.
For those who use their vehicles as transportation on certain public roads or closed communities, the usual rule of thumb is that your state will impose the types and amounts of golf cart insurance you must have in order to operate the vehicle. Some communities may also have additional requirements, and the only way to know what those may be is to ask the community manager.
It is also common for the bank or other financial institution that loans you money to buy your vehicle to require certain types of coverage and certain amounts of coverage. You can get this information from the lending institution and then visit with golf cart insurance brokers to determine what your rates will be. It is not uncommon for many brokers to offer discounts when you insure all of vehicles with them at once. This can be a very good way to decrease your premiums while getting the coverage that you need in the process.