Quote:
Originally Posted by Laker14
I am wondering if an increase in golf cart theft is driving up the comp/collision part of the premium. One's record of claims wouldn't likely impact that risk, I'm thinking.
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Insurance carriers are learning what Villagers (& other communities) are doing with these carts. Old people, driving 20, 25, 30 mph on roads, with cars & trucks. Carriers no longer have 1,000 golf carts & related exposures..............now they have tens of thousands of carts on their books.
Historically, these carts were driven on farm land, on dirt roads with no traffic, in small towns with a population of less than 1,000 people, etc.
Exposure for carriers have changed, we're not in Kansas any more.
