Happy Birthday America! School is out and the summer fun has begun. As you take vacations or stay-cations, maybe you or your family have a personal golf cart to cruise around your neighborhood. Or maybe you are thinking about buying a golf cart. Have you ever wondered if there is coverage for a golf cart on your home insurance?
Most insurance companies will include liability coverage for your golf cart with your home insurance policy. There are some differences between companies though. Some will offer liability coverage if you live within a gated golf-course community. While others will offer liability coverage, if you do not live within a gated golf-course community. It is very interesting how companies are polar opposites on what they are willing to offer. And with some insurance companies you will have to request to add liability coverage to your policy.
There are a couple insurance companies who will offer an endorsement to add a certain amount of coverage (up to $5000) for your golf cart itself, in case it is damaged due to a covered peril, like a fire. Keep in mind, this coverage would be applicable, after your deductible is met, due to a covered claim.
If you are concerned about having more coverage, you could always purchase an individual policy for your golf cart. The policy would not only include liability coverage, but also comprehensive & collision, similar to car insurance.
Lastly, if you are going to be driving your golf cart on city streets, you may need to register it with the DMV. If that is the case, you will need an individual policy with liability, comprehensive & collision.
If you are considering picking up a golf cart, please check with your insurance company to see how coverage would apply and what is available. That way, you will know, what is covered and potentially, what is not.
