[GatorFan]

The cost for carts are based on ACV just like an auto. Newer carts have a higher collision premium. As the cart ages the premiums decrease. Because there is no blue book value for carts most companies average cost new out of factory. A 2016 Streetrod and a 2016 Yamaha would be rated almost the same. Most golf carts are bought for golf courses. % wise not enough carts overall for compaies to spend a lot of money to do studies, crash test and research. Premiums are based on number of carts insured verus claim payouts. Age of driver, driving records, how cart is used, location etc. that is really all they have to go on.