[Villageswimmer]

You may wish to read the " ask the agent" article at the bottom of D4 in today's Daily Sun.

[Greg Nelson]

Our rental comes with a cart. I'll be alone for November without a car..YES! I'll need a cart!

[Villageswimmer]

The article addresses liability faced by rental property owners who include a cart. At this point, insurance does not cover carts used by renters.

[asianthree]

Originally Posted by Villageswimmer

The article addresses liability faced by rental property owners who include a cart. At this point, insurance does not cover carts used by renters.

It has been that way for years. Not just renters but family and friends. But there is an insurance company looking into a policy for just that coming soon.

[gap2415]

It is safer to use a rental cart service like most of us up here decided to do. An accident claim is much more expensive. I noticed if renters get their own rental cart, they often rent them for shorter periods.

[justjim]

I will ask the question. Why would one include a cart with a rental and not have insurance?

[big guy]

Our rental no longer includes a cart. After the tenant initialed all the points on the liability waiver, she said she would sue if something happened. At that point I took the keys to the cart and drove it to our house. I went back later for the car. We had insurance with Allstate's Kevin MacDonald Agency but that wasn't enough for her. That's fine since I sleep better at night now that it is sold and not part of the equasion.

[Villageswimmer]

Originally Posted by justjim

I will ask the question. Why would one include a cart with a rental and not have insurance?

That's the point. Your insurance covers you, the owner, and a person to whom you give permission to drive. It does NOT cover a renter. When there is an exchange of money (i.e., the rent they pay), it then becomes a "business relationship."

The article spells it out much better than I can.

I will say I asked my State Farm agent about it, and she said that in no case will they cover your renter driving your cart. If there is an accident, they are not covered and you, the owner, are liable. The renter could be as well.

This is important if you are interested in protecting your assets.

[Fraugoofy]

So why do you think so many rentals include golf carts? Do people just really not know or not care? I am guessing, but do think more private rentals include carts than not...

[Sandtrap328]

If your renter has an accident that causes injury to him or another party, your insurance company will not pay for their claims or lawsuits.

Does not matter how you phrase it, a renter is NOT covered. The insurance companies know all the weasel-wording and how to get around any check-boxes on rental agreements or "leaving the key" and the renter just found it, etc.

Does not make any sense to jeopardize your entire life savings for rental of your property plus golf cart. Let the renter rent their own cart.

[tomwed]

I've rented carts 2 times since I have been here. Both times I picked the cart up at someones house in TV and returned it a month later. What kind of insurance do they buy from All State or whoever? I know I signed something that I didn't read.

[Barefoot]

Originally Posted by Villageswimmer

Your insurance covers you, the owner, and a person to whom you give permission to drive. It does NOT cover a renter. When there is an exchange of money (i.e., the rent they pay), it then becomes a "business relationship."

Originally Posted by Fraugoofy

So why do you think so many rentals include golf carts? Do people just really not know or not care?

Perhaps there is a Renter's Policy available somewhere. I've never heard of one though.
For the most part, I think that people who own rental properties simply haven't considered the consequences of what could happen. It could take their life's savings and then some. Makes me shudder.

[Villageswimmer]

Originally Posted by Barefoot

Perhaps there is a Renter's Policy available somewhere. I've never heard of one though.
For the most part, I think that people who own rental properties simply haven't considered the consequences of what could happen. It could take their life's savings and then some. Makes me shudder.

According to today's article, it does not exist. However, it says they (insurance industry) are working on it and hope to have it available in 2016.

For now, I can only imagine the repercussions in the event of a serious injury involving a golf cart used by a renter and its owner who thinks he's covered.

[obxgal]

Makes you wonder why when your on the "lifestyle" visit the villages still includes a golf cart.

[Sable99]

Can someone post the article? I don't have access to the Daily Sun in Michigan and would like to see it. Thanks.