Quote:
Originally Posted by retiredguy123
I agree. There have been other threads on this topic. Lawyers have said that there is no effective way for a property owner to cover their liability for an accident caused by a renter using a golf cart. The personal liability coverage in your auto or homeowner's policy may extend to a non-paying friend or relative, but not to a renter with a lease, regardless of how the lease is worded.
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Even if you put your house into an LLC, you limit your losses, but can you afford to lose your house?