There might not be an insurance premium on golf course homes. The price premium is typically on the lot and you don't insure the dirt. In other words, your home owners insurance is proportional to the cost of the house and the price of the lot doesn't matter. I guess there could, however, be a surcharge on golf course homes because of the higher risk of golf ball damage - not sure as I don't live on a golf course.
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Originally Posted by ROCKETMAN
If you want to live on a golf course that is a problem you have to deal with. with golf course lots costing $100,000 extra, the homeowner must handle the extra cost of the insurence premium he will have to pay and I don't think it will put him in financial ruin. Thats just the reality of your choice and bad swings.
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