Quote:
Originally Posted by billethkid
Just trying to understand the big swing in premiums presented in the thread with no details to compare.
|
Seriously, I would guess the premium is based on actuarial calculations regarding accidents involving uninsured motorists, and like RD stated, "This is Florida" It may be percentage wise higher than the same coverage on your auto, perhaps because of the higher likelihood of serious injury as well cart damage costs when cart meets car. Insurance companies have these kind of costs pretty much nailed down---we all know they don't LOSE money!