Golf cart insurance cost?

[Pessemist]

Hello:

We just moved to the Villages in late May. We have U.S.A.A. insurance for everything.

We bought a brand new ($14K) Yamaha gas golf cart. The insurance quote we got, with $1K deductible was just under $600 for a year.

Casual conversations with neighbors suggested they pay much less?

Does this amount seem reasonable?

Thanks in advance for any input.

Doug & Kelly

[Dana1963]

Hello:

We just moved to the Villages in late May. We have U.S.A.A. insurance for everything.

We bought a brand new ($14K) Yamaha gas golf cart. The insurance quote we got, with $1K deductible was just under $600 for a year.

Casual conversations with neighbors suggested they pay much less?

Does this amount seem reasonable?

Thanks in advance for any input.

Doug & Kelly
We pay $60 annually for golf cart insurance NOT USAA.
I have tried USAA for quotes several times not even competitive with other options no accidents/claims and credit score 840. Glenn Vann Insurance leesburg golf cart, Auto thru AARP Hartford

[golfing eagles]

Hello:

We just moved to the Villages in late May. We have U.S.A.A. insurance for everything.

We bought a brand new ($14K) Yamaha gas golf cart. The insurance quote we got, with $1K deductible was just under $600 for a year.

Casual conversations with neighbors suggested they pay much less?

Does this amount seem reasonable?

Thanks in advance for any input.

Doug & Kelly

Foremost insurance through the Villages insurance------$171 last Nov., $140 the year before. 2019 Yamaha also about 14K new.

[laboutj]

We bought a house last October and have a 2014 golf cart. Got insurance through AAA for the cart, Progressive, cost $75.

[jchase]

The Villages also sells Progressive. We have two Yamaha golf carts 2018 and a 2019. Full coverage $500.00 deductible. $250 a year.

[ureout]

just make sure to get a separate golf cart policy and not an attachment to your home owners ins.

[villagetinker]

OP, did you insure as a GOLF cart or as a STREET Legal golf cart, BIG difference. We have progressive, around $71, bundled, also on a similar priced golf cart.

[Topspinmo]

The Villages also sells Progressive. We have two Yamaha golf carts 2018 and a 2019. Full coverage $500.00 deductible. $250 a year.

And you paying for the villages Ins. cut. IMO cut them out and save 100 bucks or more.

[Garywt]

The Village Ins has us with Foremost as well. We have full coverage on one since we have a loan. I think we are at $370 a year total.

[EdFNJ]

Like all insurance it depends mostly on your coverage with of course some variation between companies but $600 is INSANE unless it is street legal (with plates and reg).

When my "cart" was STREET LEGAL aka LSV it was close to $800 with FULL COVERAGE.
Now that it is no longer street legal it's around $100 because I have highest liability plus collision plus comp. Would have been around $60 bare bones.

[Velvet]

Like all insurance it depends mostly on your coverage with of course some variation between companies but $600 is INSANE unless it is street legal (with plates and reg).

When my "cart" was STREET LEGAL aka LSV it was close to $800 with FULL COVERAGE.
Now that it is no longer street legal it's around $100 because I have highest liability plus collision plus comp. Would have been around $60 bare bones.

With which company? I don’t want street legal myself either.

[EdFNJ]

With which company? I don’t want street legal myself either. I originally used Foremost from Villages Ins for ~$65, then went LSV from some Florida Insurance comapny who was the only one that would insure my LSV through V.I., currently on Allstate (just for GC) because I had a fight with Villages Insurance when I decommissioned it back to a GC. Did it online with Allstate for $98 but could have got it down to around $65 bare bones (this was about 10 months ago). Auto insurance is with Geico who was WAY WAY cheaper than any of the other ones I got quoted from from anywhere from $300 to $1200 less (no accidents 8+ years, high credit score etc).

[SharonW]

Call Abshier Insurance Agency at 352-245-2423. Great prices and very honest!

[Tunesmith]

just make sure to get a separate golf cart policy and not an attachment to your home owners ins.

Just curious, why not have it as an attachment to existing home owner insurance policy? What is the down-side?

[Itsallinthegrip]

I have found USAA to be overpriced on everything. I pay about 75 per year.

[Babubhat]

Usaa quoted double the next highest price I received. Ridiculous

[Fredster]

I have two carts both Yamaha’s a 2014 & 2015
Their insured by Foremost through Farmers.
500 deductible, and I pay $151 for both.
If I recall correctly Villages insurance quoted me
quite a bit more for the same Foremost insurance,
so shop around!

[Babubhat]

Foremost renewal cost increase was absurd. Villages insurance bundled it but you need to tell them to look around. They should be doing this proactively

[bimmertl]

Just curious, why not have it as an attachment to existing home owner insurance policy? What is the down-side?


HO policy has a lot of exclusions for motor vehicles of any type. Policy would have to be loaded with endorsements in order to cover the golf cart. Same reason HO policy doesn't include you cars.

Separate policies for cars, boats, motorcycles ATV's etc.

[villagetinker]

Just curious, why not have it as an attachment to existing home owner insurance policy? What is the down-side?

Read the policy, you will typically find it only covers the golf cart for damage AT THE HOUSE, you typically have no coverage for an accident or loss on the road. Also, may not have any medical coverage.

[gatorbill1]

USAA is not competitive on insurance on anything. I tried them on homeowners, car and cart - not close to competition on any insurance. They are a real rip-off.