Quote:
Originally Posted by jnieman
I think you'll find that you need a separate insurance policy on the cart to rent it out. Many homeowner's policies only cover the cart while it is being driven on the golf course. It may be difficult to find an insurance agent to write such a policy. If you do searches on this forum, this topic has been discussed many times.
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At the present time there is no such thing as a cart insurance policy which covers either the owner or the renter. In other words, all of the liability for cart use falls on the owner of the cart if there is a problem.
However, there is an answer for those who rent their homes and wish to provide cart use for their guests. A cart policy from Allstate, for less than $70 annually WILL cover the owner and the renter for all liability and property damage under these conditions: IF it is a private home rented by the owner (not a golf cart business with more than one cart), and IF there is no separate fee charged for the cart. In this case, the owner is allowing a guest to use his cart, just like he would do if a relative or friend was visiting, and therefore everyone is covered. Owners who wish to derive some income from cart use must add these costs to the home rental fee.
This has all been discussed in previous threads. By this time there may be more than one company offering similar coverage, but Allstate certainly still does.