Yes, Golf Cart Insurance Is a Thing

Most people might not give golf cart insurance a second thought. In fact, most people will never have to worry about buying golf cart insurance in the first place. But if you fall into the wealthy minority of those who not only enjoy the sport of golf, but play it often enough to justify the the purchase of a cart, then you’re going to need to protect your asset. And buying golf cart insurance is the best and most affordable way to do that for most golf cart owners.

What Are a Golf Cart Owner’s Insurance Needs?

The world of golf cart insurance has as many melodramatic twists and turns as you might see in an episode of Dynasty. For starters, most golf cart owners actually defer to purchasing motorcycle insurance instead because it provides all the necessary coverage at an affordable price. In some states, Arizona included, golf cart insurance for carts that are commonly driven outside of the golf course is legally required. Luckily, in most areas, this type of coverage is highly affordable.

Average Monthly Cost of Motorcycle (Golf Cart) Insurance Legend: 59 Michigan California Texas Ohio New York 5 10 15 20 25 30 35 40 45 50 55 60 65 $64 $52 $66 $39 $45

When it comes to laws which govern golf cart insurance coverage, that’s where things get complicated. Even in states where purchasing coverage is not legally mandated, certain country clubs may require it as part of their rules. Furthermore, the type of cart you own will determine whether you get charged a fair rate or pay out the nose for your policy.

Take the state of Florida, for example. Florida has the greatest number of golf courses out of any other state in the country, and almost double that of the next most golf course friendly state, Michigan. In Florida, a full golf cart insurance policy is required if you own a street-legal LSV (“low speed vehicle”) which can travel up to 35 miles per hour. Most go kart owners pay a significant premium for owning this luxury type of cart; at the same time, though, insurance policies on these carts can run as high as $1,000 per year or more. Or, they could opt to install expensive equipment which lowers their top engine speed and pay as little as tens of dollars per year in club fees for liability coverage. This leaves many golf cart owners stuck between a rock and a hard place.

Why Golf Cart Insurance?

In truth, cart owners who drive slower golf carts and who only drive it on the course probably don’t need to spend money on a golf cart insurance policy – even though such policies are dramatically more affordable than insurance coverage on an LSV. However, you should definitely double check and make sure that you don’t live in a state that requires insurance coverage on all golf carts, regardless of whether or not they’re street legal. After all, you don’t want to end up getting caught on the wrong side of the law.

The people who need golf cart insurance the most are the owners of the pricey LSVs which can accelerate up to 35 miles per hour. This is especially true if you happen to live in a gated community which surrounds a golf course or a luxury suburb which is golf course adjacent. More often than not, people who own LSVs end up driving them on regular roads which they share with trucks, cars, and SUVs. Naturally, this increases the risk of serious accidents, expensive property damage, and injuries. A medical injury report published in 2007 clearly shows that injuries caused by LSV drivers doubled between the late 90’s and 2006. And that was a decade ago; odds are good that today, the number is substantially higher due to the rapidly increasing number of baby boomers entering retirement.

Golf cart insurance can protect you from many of the same financial liabilities that any type of vehicle insurance would cover. The chart below outlines standard coverages for golf cart insurance, as well as optional coverages you can add to your policy for more protection.

Type of coverageDescription
Property Damage LiabilityIf you damage or destroy someone’s property with your golf cart, this coverage will pay out damages
Personal Injury LiabilityIf you end up injuring someone with your golf cart, this coverage pays out damages
Guest Passenger LiabilityIf you’re not golfing alone, and your passenger gets injured somehow, this coverage pays out damages
Medical PaymentsThis is an optional coverage. It pays medical expenses if you or your passenger is injured in an accident with your golf cart
Uninsured Underinsured MotoristThis is an optional coverage. Pays out damages for personal injury or property damages when the at-fault driver has insufficient or no insurance coverage
Collision Comprehensive CoverageThis is an optional coverage. If your cart is damaged, stolen, or totaled, you pay a deductible to have your cart fixed or replaced

How Much Does Golf Cart Insurance Cost?

That depends on where you live, how often you drive your golf cart, how fast your golf cart can go, and which type of roads you drive your cart on on a regular basis. Furthermore, the total expense depends and whether or not you specifically get your golf cart covered, or opt for a tangential type of insurance policy (such as motorcycle insurance). In the chart below, you can see examples of what your average motorcycle insurance policy might cost you. You should use this as a reference point for negotiating with your insurance company for a fair price.

Average Monthly Cost of Motorcycle (Golf Cart) Insurance Legend: Average Monthly Cost Pennsylvania North Carolina Illinois Georgia Wisconsin North Carolina 5 10 15 20 25 30 35 40 45 $44 $45 $42 $49 $41 $47

Insurance companies know that you have a choice when it comes to who you purchase coverage from. For this reason, some companies make the purchase process excessively complicated to prevent consumers like you from shopping around. But you can make it easy on yourself and use our quote generator right now to get the best prices on your insurance coverage from local agencies.