[retiredguy123]

Originally Posted by Two Bills

Up to 2020, we had $1,000,000 on our liability cover.
$10 mil each on medical.

How much would that amount cost on a golf cart that you only used for a month? Many auto insurance companies will not even sell you that much liability insurance on a regular auto insurance policy.

[Two Bills]

Originally Posted by retiredguy123

How much would that amount cost on a golf cart that you only used for a month? Many auto insurance companies will not even sell you that much liability insurance on a regular auto insurance policy.

No idea. That was on our Travel Insurance through our UK bank.

[JWGifford]

We own now but the two times we rented we only considered homes that included a cart.

[Maker]

Originally Posted by MrChip72

We provide our golf cart to our renters for the two months a year that we rent our place out. We have a liability waver that basically puts any liability on them, plus the standard "you break it, you pay for it".

Except a person injured by the renter driving your golf cart has not signed any liability release, and they will sue you. And win big$$$.

Now you try to go after the renter. Their lawyer might say you were negligent for not providing training, or the cart had a mechanical issue, or insisting on that release signified that you had an expectation the renter could not operate the cart safely or you knew about another issue, or you failed to provide reasonable insurance coverage ...

[Harleyman]

[QUOTE=MrChip72;2352292]We provide our golf cart to our renters for the two months a year that we rent our place out. We have a liability waver that basically puts any liability on them, plus the standard "you break it, you pay for it".[/QUOTE

I hope you have spoken to a lawyer about your waiver. I spent 40 years in the insurance business in Canada. I assume waivers are the same in both places. If so, you cannot waive your liability away. You would absolutely be added to the suit and would have to pay your legal fees almost the way through. There would be more of a chance that you not your tenant would end up paying. Waivers are not a total release of liability. Be very careful.

[Topspinmo]

I don’t think there should be rental properties in house retirement community. O wait this place not true retirement community. Never mind. Anything goes.

[Topspinmo]

[QUOTE=Harleyman;2352310]

Originally Posted by MrChip72

We provide our golf cart to our renters for the two months a year that we rent our place out. We have a liability waver that basically puts any liability on them, plus the standard "you break it, you pay for it".[/QUOTE

I hope you have spoken to a lawyer about your waiver. I spent 40 years in the insurance business in Canada. I assume waivers are the same in both places. If so, you cannot waive your liability away. You would absolutely be added to the suit and would have to pay your legal fees almost the way through. There would be more of a chance that you not your tenant would end up paying. Waivers are not a total release of liability. Be very careful.

Of course not. Who write laws lawyers so they and argue till sun don’t come up and cash in while doing it.

[Girlcopper]

Originally Posted by mrf6969

Should landlords offer a golf cart in a rental property? Lawyers say no, as it creates a wide array of liability.

Many rentals mandate you carry your own insurance for the golf cart use

[retiredguy123]

Originally Posted by Girlcopper

Many rentals mandate you carry your own insurance for the golf cart use

How much is required? Also, a renters policy does not cover the owner of the golf cart.

[ckcapaul]

Back when we rented out our place I could add the renter to the insurance policy. Both of us covered

[Wondering]

Originally Posted by mrf6969

Should landlords offer a golf cart in a rental property? Lawyers say no, as it creates a wide array of liability.

Tell your renters to rent a golf cart from a third party. Then there is no liability for you. even if you lower the rental price.

[nn0wheremann]

Originally Posted by mrf6969

Should landlords offer a golf cart in a rental property? Lawyers say no, as it creates a wide array of liability.

We rented our first year. The landlord “sold” us the golf cart for $1 down, the rest due in 12 months, with a 12 month “test drive “ period. That way we as tenants owned the cart and any liability. Seemed silly at the time, but it worked out. When we moved out we returned the golf cart to him, and he tore up the purchase agreement.

[CybrSage]

Originally Posted by Michael G.

Yep, just ask the squatters.

There are people who took over empty homes and refuse to either pay rent or leave? Which part of the Villages is this in?

[bimmertl]

Originally Posted by MrChip72

We provide our golf cart to our renters for the two months a year that we rent our place out. We have a liability waver that basically puts any liability on them, plus the standard "you break it, you pay for it".

"Waiver" is worthless.

Golf Carts: Danger Ahead

[retiredguy123]

Originally Posted by nn0wheremann

We rented our first year. The landlord “sold” us the golf cart for $1 down, the rest due in 12 months, with a 12 month “test drive “ period. That way we as tenants owned the cart and any liability. Seemed silly at the time, but it worked out. When we moved out we returned the golf cart to him, and he tore up the purchase agreement.

Any decent lawyer would negate that "sham" sale in a minute.