Talk of The Villages Florida - Huge increase - Foremost golf cart insurance

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I have mine thru Allstate and I don’t pay that for 2 carts. Mine has gone up in the past years but only a few dollars

Ours went down to $124 (from $199). 2017 Cart. Progressive.

Quote:

Originally Posted by Tom52 (Post 1777996)

When i purchased a new golf cart last year the cost for insurance thru Foremost was $153. I got a renewal notice in the mail today and the price for same coverage jumped to $208. That is a 35.9% increase. No claims from my end. Anyone else with Foremost seeing this kind of increase? Can anyone suggest a cheaper alternative?

All insurance companies will be raising premiums, as a result of having to pay claims as a result the recent destruction from looting and property damage, as well as business interruption claims due to COVID-19. In Florida we’re looking at an active hurricane season, in which insurance companies, need to insure sufficient reserves (money) to pay out claims.

I have the same insurance company on my Street Rod and the increase was only 1.5%. You might want to call the for an explanation on such a large increase.

Same happened to us, I switched to Progressive! Great policy, less $$

Quote:

Originally Posted by Tom52 (Post 1777996)

Ours went from $199 to $124 - Progressive

2017 YAMAHA GOLF CART MODELS
VIN J0D004334
Limits Deductible Premium …………………………………………� �…………………………………………� ��………………………………………… …………………..
Bodily Injury Liability $250,000 each person/$500,000 each accident
Liability To Others
$15
Property Damage Liability $100,000 each accident 8 …………………………………………� �…………………………………………� ��………………………………………… …………………..
Uninsured Motorist - Nonstacked $250,000 each person/$500,000 each accident 37 …………………………………………� �…………………………………………� ��………………………………………… …………………..
Medical Payments $2,500 each person 14 …………………………………………� �…………………………………………� ��………………………………………… …………………..
Comprehensive $250 16 …………………………………………� �…………………………………………� ��………………………………………… …………………..
Collision $250 34 …………………………………………� �…………………………………………� ��………………………………………… …………………..
Accessory Coverage $3,000 included …………………………………………� �…………………………………………� ��………………………………………… …………………..
Total 12 month policy premium $124

Quote:

Originally Posted by bhferri85 (Post 1778140)

Progressive through USAA. $98/year.

USAA has nothing to do with Progressive!

I have Foremost. I had it for years at less than a hundred dollars then it jumped way up and I went to Progressive for less but then it went way up so I switched back to Foremost for $110. Based on what you said guess my renewal next month is going way up again. A game they play to entice you to change I suppose.

I have Foremost. When I bought my new cart last year but was $134. I haven't got this years yet, but I will be on the look out for it niw

I have my cart insured through my home owners, which is Geico for $100.00 per year.

Just about anybody- State Farm ie

Try Allstate Ins. Saved me about 40% off the old rates with Foremost. They also offer sinkhole insurance with only a $500 deductible where other companies' deductibles are $20,000 or more.

Although it's a large increase percentage wise, I personally couldn't be bothered to take the time to find another company over $55.