Is insurance on golf carts really needed?? Had a policy for last 6 years at 65.00 a year. Just received new premium, that was raised to 103.00. I thought that was too much, so I called Insurance Co. ( Insurance Agency @ Southern Trace) They said that everyone was getting increased, but they would see what they could do. They called back and asked what cart was worth today/ I bought cart new for 8,000.00 in 2006, but probabvly only worth 4,000.00 now. After another phone call to Insurance Co (Foremost Ins Co) she called me back and can insure cart for 72.00, with cart worth 4,000.00. She said thats probably what they would pay anyway. My thought was, if cart decreases every year, then insurance should to.
