Golf carts can be as expensive as a small car, and while they don’t go very fast, they can still injure someone if there is an accident. For most owners, getting golf carts insurance is a good idea because it protects them from the financial consequences of lawsuits, property damage, and more.

What Is Golf Carts Insurance?

There are several different kinds of insurance for golf carts, and depending on your situation, you might need some or all of them. Almost every owner should get liability insurance because this covers lawsuits related to personal injuries and property damage. If you accidentally hurt someone while driving your golf cart, you won’t have to pay for the legal fees or the compensation.

You might also want to take out collision coverage, which can pay for the repairs to your golf cart if it gets damaged in a crash. Comprehensive coverage protects you from damage outside your control, such as fires, floods, storms, and theft. Finally, uninsured motorist coverage kicks in when you collide with someone who doesn’t have insurance.

Do I Need Insurance?

As mentioned, liability insurance is a good idea for almost everyone because it protects you from the most costly risk, namely a lawsuit. If someone gets seriously injured due to a golf cart accident, you might have to pay tens or even hundreds of thousands of dollars.

Whether you’d also like to get the golf cart itself covered is up to you. The average cart costs $9,000 to $18,000, and it lasts between 20 and 40 years. If you could easily absorb this loss and buy a new one, you might not need property insurance. On the other hand, this type of policy is necessary if you believe you’d struggle to replace your golf cart.

Is My Golf Cart Covered Under Homeowners’ Insurance? 

Your cart might be covered under your homeowners’ insurance policy when it is at your house. Speak to your home insurance company to find out whether this is the case. It’s important to remember that the vehicle will no longer be protected as soon as you take it away from your home. For this reason, you might still need separate insurance.
 

How Can I Find the Best Provider? 

In most areas, there are several insurance providers, so it’s likely that you will have a choice when purchasing your policy. To find out which quote is best, speak to an insurance agent. They will help you assess your risks and choose which kinds of coverage you need. They can also analyze the fine print of your insurance documents to make sure you’re properly covered.

Most golf cart owners could benefit from getting insurance for their vehicles. Carts aren’t usually covered in regular car insurance, and your homeowners’ policy won’t protect your golf cart when you take it away from your home, so it’s best to get a separate policy. Get in touch with us at ISU Armac to speak to one of our agents. We can provide you with a range of quotes and help you choose the most suitable one.