Golf carts have become a popular mode of transportation in Florida, especially in retirement communities and golf courses. If you own a golf cart in Florida, it’s important to have proper insurance coverage to protect yourself and your property. In this guide, we’ll explain everything you need to know about golf cart insurance in Florida.
What is Golf Cart Insurance?
Golf cart insurance provides protection for golf carts, similar to how car insurance provides protection for cars. However, golf cart insurance is not required by law in Florida unless the golf cart is being operated on public roads. Even then, the minimum insurance requirements are much lower compared to car insurance.
There are two main types of coverage offered under golf cart insurance: liability insurance and physical damage insurance. Liability insurance covers damages to other people or their property in the event of an accident, while physical damage insurance covers damages to the golf cart itself.
Liability insurance is the most basic type of golf cart insurance and is required if you plan on driving your golf cart on public roads. The minimum liability insurance requirements in Florida are:
Bodily Injury Liability
$10,000 per person
Bodily Injury Liability
$20,000 per accident
Property Damage Liability
$10,000 per accident
Bodily injury liability covers medical expenses and other damages that you may be legally responsible for if you are involved in an accident that results in injury or death to another person. Property damage liability covers the cost of repairing or replacing other people’s property that you may damage while driving your golf cart.
Physical Damage Insurance
Physical damage insurance is not required by law but is highly recommended, especially if you own an expensive golf cart. This type of insurance covers damages to your golf cart caused by accidents, theft, vandalism, and other covered events.
There are two types of physical damage insurance available: collision coverage and comprehensive coverage. Collision coverage covers damages to your golf cart caused by a collision with another object or vehicle, while comprehensive coverage covers damages from non-collision events such as theft, fire, or natural disasters.
How Much Does Golf Cart Insurance Cost?
The cost of golf cart insurance in Florida varies depending on several factors, including the type and amount of coverage you choose, your location, and your driving record. On average, you can expect to pay anywhere from $100 to $300 per year for liability insurance and $300 to $500 per year for physical damage insurance.
If you have a good driving record and a low-risk golf cart, you may be able to qualify for discounts on your insurance premiums. Some insurance companies also offer discounts for bundling multiple policies, such as home or auto insurance, with your golf cart insurance.
Where Can I Buy Golf Cart Insurance in Florida?
Golf cart insurance is available from most insurance companies in Florida, including national providers like Geico, Progressive, and Allstate, as well as local providers. You can also purchase insurance for your golf cart from specialized golf cart insurance companies, such as Golf Cart Insurance and Cart Insurance Florida.
Before purchasing golf cart insurance, it’s important to compare quotes from multiple providers to find the best coverage and rates for your needs. You can easily do this by using online comparison tools or by contacting insurance agents directly.
Tips for Choosing the Right Golf Cart Insurance
When choosing golf cart insurance in Florida, there are several factors you should consider to ensure that you get the best coverage for your needs:
1. Know your coverage needs
Determine whether you need liability insurance, physical damage insurance, or both. Consider factors such as your driving habits, the value of your golf cart, and how often you plan on using it.
2. Compare quotes from multiple providers
Get quotes from several insurance providers to compare coverage options and rates. Don’t just choose the cheapest option – make sure that you are getting adequate coverage for your needs.
3. Check for discounts
Ask about discounts that may be available, such as safe driving discounts, multi-policy discounts, or membership discounts. These can help you save money on your insurance premiums.
4. Read the policy carefully
Make sure you understand the terms and conditions of your policy, including what is covered and what is not. Ask questions if you are unsure about anything.
Do I need insurance for my golf cart in Florida?
Insurance is not required by law unless you plan on driving your golf cart on public roads. However, it is highly recommended to protect yourself and your property in the event of an accident or other covered event.
What does golf cart insurance cover?
Golf cart insurance can cover liability for damages to other people or their property and physical damage to your golf cart. Coverage options include liability insurance, collision coverage, and comprehensive coverage.
How much does golf cart insurance cost in Florida?
The cost of golf cart insurance in Florida varies depending on several factors, including the type and amount of coverage you choose, your location, and your driving record. On average, you can expect to pay anywhere from $100 to $500 per year.
Where can I buy golf cart insurance in Florida?
Golf cart insurance is available from most insurance companies in Florida, as well as specialized golf cart insurance providers. It’s important to compare quotes from multiple providers to find the best coverage and rates for your needs.
What factors affect the cost of golf cart insurance?
Several factors can affect the cost of golf cart insurance, including the type and amount of coverage you choose, your location, your driving record, the value of your golf cart, and your intended use of the golf cart.
What should I look for when choosing golf cart insurance?
When choosing golf cart insurance, factors to consider include your coverage needs, rates, discounts, and the reputation of the insurance provider. Make sure you read the policy carefully and understand what is covered and what is not.