My initial reaction is that if someone owns a golf cart that exceeds 19.9mph then under the law it is going to be considered an LSV. Having said that then said owner has real expanded exposure. If the owner secures insurance and does not disclose to an insurer that the cart exceeds 19.9mph the owner has exposed himself to possible denial of coverage because the owner misrepresented it as a golf cart and not an LSV. Secondly if the owner does inform the insurer then the premium is going to be high.
If on the other hand said LSV owner fails to purchase insurance well then said owner leaves his asset exposed.
I carry full coverage of insurance on my cart 19.9mph golf cart and it is very reasonable. My golf cart policy does not cover use of rental. so if I need a rental then the rental company must agree to cover my use, otherwise I won't rent a cart.
I need to explore this case and related materials to assure myself that I am not unnecessarily exposed here
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