Golf Carts in the state of Florida is unique in the fact that requirement of golf cart insurance varies from county to county. Typically if your golf cart goes at a speed of 20 mph or less, then your golf cart does not need to be registered therefore no insurance is required.
There is however another type of golf cart, one that exceeds 25 mph, and can carry a load of 3,000 this type of golf cart is known as NEVs or Neighborhood Electronic Vehicles and is considered a “low-speed vehicle”, these golf carts can be driven on roads where the speed limit does not exceed 35 mph. In most cities this type of golf cart does need to be registered and insurance is required.
To truly know whether or not you should purchase insurance coverage for your golf cart, you need to be informed as to the laws and requirements of your county, also the rules of your Homeowner’s Association as they too could require that you carry insurance on your golf cart.
Whether or not you are required to carry coverage, you should still consider purchasing insurance as you could be passing up on valuable coverage that could benefit you if a claim ever arose. Golf cart coverage is similar to a standard automobile insurance policy, covering for liability, medical payments, comprehensive, collision and even uninsured motorist coverage.
Most homeowner companies will allow you to add golf cart coverage as an endorsement on your policy at minimum cost. Some companies may even have a built in clause that will automatically extend liability from your homeowner policy to your golf cart. Every insurance company is different and policy coverage can vary.
You are encouraged to call your local agent to see what options are available to you. You may find that you already have coverage or that obtaining coverage is easier and cheaper than you expected.Continue Reading