[Rosalie]

I need some advice! Just received my golf cart insurance bill. I use The Villages Insurance and the insurance is through Foremost Ins. Co. The price increased by approx. 30% (last year $92, this year $120.) Does this sound like an abnormal jump? Or has all ins. increased by that amount? Also, do any of you have your golf cart on the same policy as your automobile? Thank you for any advice you can give me!

[karostay]

Finding golf car insurance is like finding hens teeth

[bagboy]

Originally Posted by Rosalie

I need some advice! Just received my golf cart insurance bill. I use The Villages Insurance and the insurance is through Foremost Ins. Co. The price increased by approx. 30% (last year $92, this year $120.) Does this sound like an abnormal jump? Or has all ins. increased by that amount? Also, do any of you have your golf cart on the same policy as your automobile? Thank you for any advice you can give me!

It has to do with Foremost covering renters driving golf carts. Your agent can explain this to you. If you switch to Progressive, your insurance should be about the same as you were paying Foremost.

[Sparty6971]

We experienced the same huge jump in premium cost after our first year with Foremost Ins through the Villages Insurance. Not the fault of VI (we have our home insurance through them and are satisfied), it's just the way Foremost sets its premiums. They told us they use a credit rating service that most people have never heard of. Although our credit report from the top 3 companies was almost peaked out, the one used by Foremost had us marked down severely due to store credit cards we had cancelled some 30 years ago when we had lived in places during military postings. Because of those cancelled credit accounts some 30 years ago, our insurance rate calculated by Foremost jumped up from the mid $80s to the mid $120s. We shopped around and found at AAA our current policy from Progressive Insurance. The premium went back down to where it should have been and we've never looked back. There may be other good policy choices but Progressive works well for us and has not jumped up after a teaser first-year. Regarding the question of combining the golf cart and auto insurance, no ours are not combined. They aren't a good mix.

[DeanFL]

Just renewed our GC insurance thru Foremost again - ours WENT DOWN $2/yr to $70.

We have a Tomberlin 4seater, full time residents coverage. Our agent checked with Progressive where our home&car coverage is - they were a bit more, we decided to stick with Foremost.

[biker1]

Check to see what value you have the golf cart insured for. If may still be insured for the original value you bought it for but it's value is now substantially less. Updating it's insured value may save you some money. It did in our case. There is, of course, a liability component to the premium.

Originally Posted by Rosalie

I need some advice! Just received my golf cart insurance bill. I use The Villages Insurance and the insurance is through Foremost Ins. Co. The price increased by approx. 30% (last year $92, this year $120.) Does this sound like an abnormal jump? Or has all ins. increased by that amount? Also, do any of you have your golf cart on the same policy as your automobile? Thank you for any advice you can give me!

[pboccabella51@gmail.com]

Originally Posted by Rosalie

I need some advice! Just received my golf cart insurance bill. I use The Villages Insurance and the insurance is through Foremost Ins. Co. The price increased by approx. 30% (last year $92, this year $120.) Does this sound like an abnormal jump? Or has all ins. increased by that amount? Also, do any of you have your golf cart on the same policy as your automobile? Thank you for any advice you can give me!

We use the same Insurance Company and this year price went up also. Looking for new insurance company.

[pboccabella51@gmail.com]

Call Allstate Insurance, CR 101
We were quoted $100 less than Foremost, for 2 carts. If you have medical insurance, you don't need to get that on the Cart Policy as it only covers the policy owner, not others.

[Garywt]

Is insurance required or do people just realize the need for it. Do most just have insurance in case they hit someone or do they have collision as well? Who checks to see if you are insured or not.

[Bjeanj]

Originally Posted by Garywt

Is insurance required or do people just realize the need for it. Do most just have insurance in case they hit someone or do they have collision as well? Who checks to see if you are insured or not.

It’s the same as carrying homeowners or auto insurance. If you don’t have a mortgage on your home, no one but you cares whether you have insurance.

Most people recognize the need to transfer the potential financial risk to the insurance company in exchange for the premium. Depending on the value of the cart and the ability to self-insure, some people carry both comp and collision.

Liability wise, if the cart driver hits someone, causing horrible physical or bodily damage to others, they are unwilling to be bankrupted due to an accident, so they carry liability insurance. Some also carry an umbrella policy.

No one checks to see if you have golf cart insurance until after an accident. By then, of course, it’s too late if you don’t have it, and, well, there you are, in a terrible mess.

[rjm1cc]

I use Allstate at about $60.00. No renters coverage.

[Carla B]

Our policy with Foremost is $50. Adding the golf cart to the Umbrella policy is $41. We dropped medical on the golf cart because a friend was injured in their golf cart when a car hit the cart. Their health insurance ended up being secondary to the golf cart medical coverage, which caused serious complications in getting treatment.

[tophcfa]

Just got my renewal notice from Foremost, ouch, 28% increase in premium. I will be calling our agent at Villages Insurance.