Golf cart insurance needed? $132/yr reasonable for Yamaha 2020?
 

We just moved to the TV and purchased a 2020 Yamaha golf cart for $8,500. Progressive quoted me $132/yr. It looks like it is mostly liability. Is it needed and does this sound reasonable?

I found older threads...hoping to get more up-to-date responses.

Wish I could personally thank everyone who responds. This forum is a gem of knowledge. Has helped me navigate nearly every aspect of my journey to TV and beyond.

We have a 2019 with Progressive and also pay $130.

I believe insurance on the cart is required by our Umbrella policy so it wasn't a choice for us.

At the same time in today's litigious society, especially here in the Villages with a lot of people in the squares and on the paths, liability coverage seemed like a really good idea.

You absolutely need liability insurance on your golf cart. That price is reasonable.

Some people say it is included in their home insurance, but that is only for theft. You need to be insured in case of accident where you, a rider, or the other cart's passengers are injured. It does happen with sad frequency. Some are even killed.

Don't skip this.

:bigbow:

Insurance on a golf cart isn't "required." But it is a definite must-have, regardless. We pay under $100 for ours, but we have 2 golf carts, a truck, and a car, all under an umbrella package so we get a lot of discounts.

Yes, $130 is a reasonable cost.

Just about 11 dollars a month for peace of mind sounds great.

Ins
 

Just got ours on a 2025 Evolution, $180 a year so I think $130 is good

I had heard and seen people paying 80 or 90 a year for a cart when we got here. When we bought ours with all the bells and whistles, we wanted it protected. Yamaha 2022 - AAA $172 a year full coverage. Was going to be cheaper just for liability, but to protect us completely for an extra $6 bucks a month....priceless.

Previous 98 EZGO - 50 bucks a year liability in our old town.

I’ve been with Progressive for 2+ years and pay $113 for two 2018 Yamaha carts.

75, went up to 130
 

Ours was 75, it just went up to 130.

Way too cheap which means poor coverage.

You absolutely need liability insurance on your golf cart.

Golf carts like cars here in The Villages have accidents. And accidents get lawyers involved and if your at fault you can loose your retirement savings and even put a lien on your home if you do not have Homestead filed.

FYI we have our golf cart insured with Progressive, and the second year of no accidents the premium went down.

That is very close to what we pay for our 2022 Yamaha. I know when I questioned it recently they also said it was partially based on the price we told them we paid for it when new.

Same $$$ as mine. Like all insurance...you don't need it until you do. And the way MANY cart owners operate around here, I wouldn't be without it.