Allstate Golf Cart Insurance - rate increase
 

Mr 07 insures his golf cart through Allstate. His premiums in prior years were about $65-$70. He just got his renewal and it is up to $118. This is for a 2002 Club Car....nothing fancy.

So, anyone else recently sign up with Allstate (or another provider) and find the rates are over $100?

Anybody else get a recent renewal with significantly increased rates?

My cart, an 03 Club Car, is insured with Foremost through Villages Insurance at about $75/year, not due for renewal until August.

Just curious whether it's just an Allstate thing or all rates are increasing significantly.

I just got my renewal with Allstate for an 08 Par Car and it's $60.78. Perhaps you have lower deductibles - mine is $1000 for collision and $250 for comp. Also I get lower rates because they have our auto and homeowners as well.

Check to make sure they didn't add medical coverage. They did that to me. I called, price went back to normal. :read:

Just renewed in Feb, 2011 with Allstate
 

Liability: Bodily Injury: $14.41
Liability: Property Damage: $13.30
Collision: $23.18
Comprehensive: $9.11
Uninsured/Underinsured Motorists: $71.79

There's pros and cons to the uninsured/underinsured portion of the policy and I have yet to fully understand it. I think we are assuming that many of our neighbors with golf carts may not have cart insurance. Here's an explanation from the web:

UNINSURED MOTORIST BODILY INJURY (UM):
Covers you, the insured members of your household and your passengers for bodily/personal injuries, damages, or death caused by an at-fault uninsured or hit-and-run driver. If you are involved in an accident where the other driver is at fault but has no insurance, your policy will cover your medical expenses, up to the limit on your policy.

UM/UIM could also cover the driver and occupants of the covered golf cart if struck by an uninsured or underinsured auto.

Thanks for your replies. He checked old vs new and just about every category doubled in premiums. He has $100 deductible.

He just called Allstate and the receptionist gave him no explanation ...."It's only $5 or $10 or whatever" for each category...which all add up. She said they had a rate increase but seemed to not comprehend the impact of a "100% increase".

Guess he's going to call Villages Insurance to get a quote.

Villages07, please keep us posted. I would be curious when comparing apples to apples what the difference in cost is.

CTgolfer - I find it interesting that you have uninsured/underinsured coverage on your golf cart through Allstate. When I was shopping for coverage for my golf cart last October I called a local Allstate agent who told me that Allstate no longer offers this coverage on golf carts. Maybe they grandfathered in people who already had this coverage.

One of the main reasons I decided go with Foremost instead of Allstate was that I wanted this coverage.

I thought it was somewhat ironic that Allstate the company that (according to their commercials) protects people against all kinds of mayhem doesn't offer uninsured/underinsured motorist coverage on golf carts.

Allstate does offer uninsured motorist coverage on golf carts.

I just went on-line and checked my policy. They do offer that coverage. I didn't sign up for it with my golf cart insurance because my auto is also insured by them and I choose not to stack my coverage. That said I'm insured up to the limits of my auto policy not twice- three times the amount of coverage in my cart. ( I hope that made sense, I'm not an insurance guy.)

But would the auto policy pay anything out toward a golf cart accident? When we changed to Allstate a couple of years ago I asked about that and was told no the auto would not "help" the golf cart insurance in any way, so we left the golf cart policy with a different provider.

I'll be checking with my agent. They had made the suggestion to me not to stack the policies. :read:

Golf2140 - While I understand what your agent is saying concerning the fact that there is no need to stack your policy (which would double your amount of coverage), I have to agree with spk7951. Your auto policy is separate from your golf cart policy. I believe you would still need to select uninsured/underinsured motorist coverage on your golf cart to be covered while driving your golf cart.

I just got a price yesterday from The Village Insurance. The estimate was $117. Soups to nuts and the price was based on a $9500 new golf cart.

I have 2 carts with Allstate.... total for the year is $300 and change. Carts are 2010 and 2011 and in the $9,000 range.

I've had Allstate for probably 30 years (Cars, Home and now carts). I don't mind paying a little more, since I know I will not have any issues when it comes time for a claim. That's the real test of any insurance company....any of them will take your premiums. My experiences with Allstate have been really good, plus my agent is here in TV. I've only been to the office a couple times, but when I walk in, he calls me [and my wife] by name.

I've been reading over the Golf Cart Insurance threads. My renewal from Allstate just arrived. Similar to Villages07's husband, my premium has increased from $70 to $117. I got a quote from the Broker who provides our house insurance. Foremost offers identical coverage, for a premium of $66.

The Broker is asking whether I want to add uninsured/underinsured motorist coverage for an additional $35. That coverage was not suggested to me by Allstate. Do I need it?

If my math is correct, the increase the first gentleman spoke of is 12 cents a day. Personally, I would not get too excited over 12 cents a day. But that's me.....

We had never thought of getting that coverage on our golf carts until we were hit by a car, suffered minor injuries and the cart was demolished. Luckily the other driver had insurance but our lawyer strongly recommended that we get the extra coverage.
If you are in an accident with another driver and they are not insured then everything falls back onto you. If your insurance covers it then I would suspect you may see a rate increase down the road because you did not have the extra coverage.

I got my insurance through the Villages Ins. April 2010. The cost was $98 based on a 2010 $9500 cart. The renewal this year was $20 cheaper. I carry the same coverage on the cart as I do on my car.

Bob

Bare:

I have "Uninsured Motorist - Nonstacked" coverage with Progressive (sold by Villages AAA) that costs $41/yr on my recent renewal. They mention that Stacked coverage would be more. I don't understand how your golf cart uninsured motorist Ins would cover your car while your car uninsured motorist ins wouldn't cover the golf cart???

Just read the policy and it seems that the "stacked" issue comes into play when both a car and golf cart are on the same policy and both have UIM insurance coverage.

I guess that if you have separate policies for the car and golf cart you need to have UIM coverage on each policy.

.

So I've been checking around getting quotes on cart insurance and they range from $73 a year to $183 a year. I just changed my insurance on the vehicle and house to AAA now that Im here full time. The AAA agent is trying to sell me cart insurance for $450 plus. I think she's trying to job me.

They sold it to me for $95.

Thanks for the responses Chuck and spk. I'm definitely getting the additional Uninsured Motorist Coverage.

I have Foremost Insurance for my cart (finishing the second year) and paid $72 last year (yes UIM included, $250 deductable, 2001 cart). Just today got the renewal bill for the same cart and coverage - rate increased to $94 even though no claims have been made. Tomorrow I start calling around to see what the other companies will quote.