I've just purchased a villa for rental purposes. It is not my primary residence. I had planned on including a cart with the rental however I cannot get golf cart liability insurance from any of the insurance companies I called and believe me, I called them all. Alstate told me they are no longer writing policies for carts that come with rental property in The Villages. The woman at AAA told me those who have policies, especially 'guest liability' policies are NOT properly insured. If a cart accident occurs when the person is a guest in your home you are covered. If they are paying you a fee for a rental, you are not covered. As far as a tennant signing a piece of paper absolving you of liability should an accident occur..if you have to go to court, you're going to loose. I suggest everyone who reads this, please contact your insurance agent & make doubly sure you are covered for providing a cart with your rental property. As for me, since I can't get cart insurance, I've had to lower my rates by $300 and I provide the renter with a list of reputable cart rental companies that provides the proper insurance.
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