[Larryandlinda]

Our GEM insurance just doubled

Anyone have a clue to any better values?
We use the thing about 50 miles a year, and renters about 500

Help!

L and L

[NJblue]

It's hard to determine if there are better values out there if we don't know what you are now paying. If it doubled from $100 to $200 than I don't know of a better rate. If it doubled from $400 to $800 then you may want to shop around (I believe we pay approx $400-450 at Allstate.)

That being said, I think the insurance rates for LSVs are much too high given the potential liabilities that they entail. Since the largest component of insurance cost is to pay for the damage caused to other people and their property, it is hard to reconcile that a vehicle that goes a max speed of 25 MPH, weighs a fraction of the weight of a car or truck and is driven at most 2,000 miles per year, should pay comparable insurance to what a car or truck (which can do far more damage) does.

[red tail]

i also have allstate...they told me lsv insurance is the same as a second car. an lsv over a golf cart is well worth the expense. they have far more safety features. plus more that is covered in many threads.

[justanormalgirl]

May I ask a silly question? What is an LSV?

[Bill-n-Brillo]

Originally Posted by justanormalgirl

May I ask a silly question? What is an LSV?

Nothing's silly!

Stands for Low Speed Vehicle.

Bill

[justanormalgirl]

Originally Posted by Bill-n-Brillo

Nothing's silly!

Stands for Low Speed Vehicle.

Bill

O.k. thank you!

[Bill-n-Brillo]

normal -

No problem-o.

If it's of any additional help to you, here's a recent post that explains what constitutes an LSV versus a standard golf cart:

Golf Cart differences

Bill

[Larryandlinda]

Originally Posted by NJblue

It's hard to determine if there are better values out there if we don't know what you are now paying. If it doubled from $100 to $200 than I don't know of a better rate. If it doubled from $400 to $800 then you may want to shop around (I believe we pay approx $400-450 at Allstate.)

That being said, I think the insurance rates for LSVs are much too high given the potential liabilities that they entail. Since the largest component of insurance cost is to pay for the damage caused to other people and their property, it is hard to reconcile that a vehicle that goes a max speed of 25 MPH, weighs a fraction of the weight of a car or truck and is driven at most 2,000 miles per year, should pay comparable insurance to what a car or truck (which can do far more damage) does.

Thanks
Great info yes, $400 to $800 was the number,
We like the construction of the GEM.
Real steel, real glass, real wipers...
After seeing these in use all over DC by the feds, police, etc we figured they were a good machine, though twice the investment of a standard cart.
We are not golfers but had the golf compatible wheels installed for renters
In addition to the psychic club, are you by chance in or familiar with a GEM or LSV club in TV?
Not that we are 'enthusiasts' that want to go to GEM rallies, but just for info

L and L

[justanormalgirl]

Originally Posted by Bill-n-Brillo

normal -

No problem-o.

If it's of any additional help to you, here's a recent post that explains what constitutes an LSV versus a standard golf cart:

Golf Cart differences

Bill

Thank you again, the explanation of the difference was helpful. Question again though, do you have to register and have a lisence plate for a street legal cart in Florida?

Teri

[Bill-n-Brillo]

Originally Posted by justanormalgirl

Thank you again, the explanation of the difference was helpful. Question again though, do you have to register and have a lisence plate for a street legal cart in Florida?

Teri

Yep! And it will need to be insured like an automobile as well.

Bill

[Larryandlinda]

Originally Posted by Bill-n-Brillo

Yep! And it will need to be insured like an automobile as well.

Bill

that's what got us
"you will pay the same as a car'

too bad, in addition to all the reasons previously outlined as to the 'lower probability of liabilities' these things are seldom far from home, and the limit of their domain is a fraction of a percentage point as to where they can travel

Maybe the LSV lobby is just so small

L and L

[justanormalgirl]

Originally Posted by Bill-n-Brillo

Yep! And it will need to be insured like an automobile as well.

Bill

Hmmm, we may have to rethink the 'bring the fancy golf cart to Florida' idea. Our insurance here is already about $400.00 a year and we've only put about 10 miles on our cart this year but we don't have to have plates on them.

[mrdills]

This issue hit home to me, I have be trying for the past month to find someone in Tampa or Tallahassee to explain to me why the insurance rate when up drastically this year. I had State Farm and my insurance went up 300.00, so I started to check around and I found All State in Leesburg would insure my cart and cars for about the same price I was playing for my cars and my LSV golf cart from State Farm before the increase in price. My suggestion is check every agency and get the best price. As far as the increase in price on the golf carts I think its about time for everyone to start sending letters to our Representatives ( if we can fine out who they are) in Tampa and Tallahassee on the high price of insurance. I think we should start a Tea Party movement. The other issue I have is on the LSV golf cart, you need PIP coverage just like a car but motorcycles are exempted to this issue and you don't have to carry insurance or wear a helmet go figure. Something wrong here!!!!!

[red tail]

Originally Posted by mrdills

This issue hit home to me, I have be trying for the past month to find someone in Tampa or Tallahassee to explain to me why the insurance rate when up drastically this year. I had State Farm and my insurance went up 300.00, so I started to check around and I found All State in Leesburg would insure my cart and cars for about the same price I was playing for my cars and my LSV golf cart from State Farm before the increase in price. My suggestion is check every agency and get the best price. As far as the increase in price on the golf carts I think its about time for everyone to start sending letters to our Representatives ( if we can fine out who they are) in Tampa and Tallahassee on the high price of insurance. I think we should start a Tea Party movement. The other issue I have is on the LSV golf cart, you need PIP coverage just like a car but motorcycles are exempted to this issue and you don't have to carry insurance or wear a helmet go figure. Something wrong here!!!!!

i wish someone would start a lsv/nev club! id vote for mr dills to be president.

[chuckinca]

Originally Posted by justanormalgirl

Hmmm, we may have to rethink the 'bring the fancy golf cart to Florida' idea. Our insurance here is already about $400.00 a year and we've only put about 10 miles on our cart this year but we don't have to have plates on them.

Insurance for a 25 MPH street legal LSV (Low Speed Vehicle) is pricey - $400 plus or minus.

Insurance for a 20 MPH golf cart is around $75/yr


.