How Much Is Golf Cart Insurance?

Have you ever wondered how much golf cart insurance costs? On average, it ranges from $100 to $300 per year.

While some can snag a basic policy for as low as $75 annually, others might see prices affected by various factors like age, cart specifications, and location.

For a deeper dive into these costs and what influences them, keep reading.

Factors Affecting Golf Cart Insurance Cost

Understanding the cost of golf cart insurance requires peeling back the layers to see what’s really driving those numbers.

Several factors come into play when insurance companies calculate your premium. Here's a closer look at these determinants.

Age and Driving History: How your age and past driving can influence your premium

  • Age: Just like with regular auto insurance, age plays a role in golf cart insurance premiums. Typically, younger drivers (often those under 25) might find themselves paying higher rates. The reason? Insurance companies view younger drivers as a higher risk due to their lack of experience.
  • Driving History: Your track record on the road matters. If you've had a series of accidents, traffic violations, or even DUIs, expect your golf cart insurance to reflect that. On the flip side, a clean driving record can net you some discounts. So, always drive responsibly – it pays off.

Location: Why where you live and ride matters

  • Risk Zones: Living in areas prone to natural disasters (think floods, hurricanes, etc.) can bump up your golf cart insurance. This is because the chances of your golf cart sustaining damage in such areas are higher.
  • Usage Areas: If you live in a gated community or a golf-centric locale where carts are a common mode of transportation, your rates might differ. The likelihood of accidents or theft could vary based on cart density and traffic patterns in these zones.

Specifications of the Golf Cart: Discussing how different features or upgrades can change the price

  • Cart Value: Premium, brand-name carts with higher price tags will generally have higher insurance costs. If you've splurged on a top-tier cart, be prepared for its insurance to match its luxury.
  • Upgrades and Modifications: Enhancements like custom paint jobs, upgraded seats, or high-end sound systems can increase the value of your cart, and consequently, its insurance. Always keep your insurer in the loop about any modifications to ensure adequate coverage.
  • Safety Features: Carts equipped with safety measures like brake lights, seat belts, or even anti-theft systems might bag you some insurance discounts. These features reduce risks, which insurers love.

Coverage Limits: Explaining different levels of protection and how they impact cost

  • Basic vs Comprehensive: The scope of your coverage will heavily dictate its cost. Basic coverage, which might just handle liability, will be cheaper. Comprehensive coverage, which could include collision, property damage, and more, will be pricier but offers better protection.
  • Deductibles: Opting for a higher deductible (the amount you pay out-of-pocket before insurance kicks in) can lower your annual premium. However, ensure that your deductible is an amount you're comfortable paying in case of a claim.
  • Add-Ons: Think about add-ons like roadside assistance or equipment coverage. These extras will add to your premium but can offer peace of mind and valuable assistance in specific scenarios.

Different Ways to Obtain Golf Cart Insurance

Selecting the right insurance for your golf cart isn't just about cost; it's also about how you go about securing that coverage.

There are two primary avenues to explore when insuring your golf cart: adding it as a rider to your homeowner's insurance or opting for a standalone policy.

Let’s delve into the specifics of each to help you make an informed decision.

Rider on Homeowners Insurance

  • What it means to have it as a rider:
    • Simply put, adding your golf cart as a rider means that it's an extension or an addition to your existing homeowner's policy. Instead of a separate policy for the golf cart, it’s covered under the umbrella of your home insurance.
  • Benefits:
    • Convenience: Combining policies can simplify the management of your insurance needs. One less policy to remember!
    • Potential Discounts: Bundling insurance often comes with savings. By adding your golf cart as a rider, you might get a reduced rate compared to a separate policy.
    • Unified Claims Process: Should something happen to both your home and golf cart (like in the event of a natural disaster), having them under one policy can streamline the claims process.
  • Drawbacks:
    • Limited Coverage: The coverage might not be as extensive as what you'd get from a standalone policy tailored specifically for golf carts.
    • Claim Complications: If you make a claim on your golf cart, it could potentially affect your homeowner's premium upon renewal.
  • Cost implications:
    • Typically, adding a golf cart as a rider is less expensive upfront, averaging around $6 a month. However, it’s crucial to weigh the costs against the coverage you’re getting. In some cases, the savings might not justify the potential risks of limited coverage.

Standalone Policy

  • What differentiates it from the rider option:
    • A standalone policy is dedicated exclusively to your golf cart. It's crafted with the unique needs and risks of golf cart ownership in mind.
  • Benefits:
    • Comprehensive Coverage: These policies often provide broader and more tailored protection, ensuring all potential risks are covered.
    • Flexibility: Adjust your coverage limits, add special inclusions, or choose deductibles that suit your situation.
    • Independence: A claim made on your golf cart won't affect any of your other insurance policies.
  • Drawbacks:
    • Cost: Standalone policies, offering more comprehensive coverage, might come at a higher monthly premium, approximately $7 a month.
    • Another Policy to Manage: Having a separate policy means an additional set of paperwork, renewals, and points of contact to keep track of.
  • Cost comparison:
    • On the surface, the standalone option might seem pricier, but the value lies in the enhanced protection it offers. While the average cost is about $1 more per month than the rider on homeowners insurance, the comprehensive coverage could save you significant amounts in potential claims.

Average Costs Breakdown

Navigating the waters of golf cart insurance costs can seem like a daunting task.

The prices can vary significantly based on various factors.

To help clear the haze, let's dissect the average costs associated with golf cart insurance, from providers to payment plans to the coverage options available.

Comparing different providers like Progressive

The insurance market is as vast as it is competitive.

Different providers will offer different rates, each with its unique selling proposition.

Progressive, for instance, is a popular choice for many golf cart owners, with basic golf cart insurance plans starting as low as $75 per year.

But it’s crucial to note that this is just the tip of the iceberg.

When shopping for insurance, it's vital to collect and compare quotes from various providers.

Each will have its premium calculations, discounts, and package deals.

Additionally, customer service, claim processing speed, and company reputation are other essential elements to consider alongside the quoted price.

Annual vs. monthly costs

The way you choose to pay your premiums—annually or monthly—can influence the overall amount you spend on golf cart insurance.

Paying annually often comes with a discount, as it's less administrative work for the insurance company and guarantees them the payment upfront.

If we consider an average annual cost of $100 to $300 for golf cart insurance, you might find monthly rates ranging around $7 to $25.

But remember, that monthly figure could end up slightly higher than one-twelfth of the annual rate, given the potential addition of processing fees or the absence of annual payment discounts.

Always ask your provider about these potential savings or added costs before deciding on a payment schedule.

Cost variations depending on coverage

The cost of golf cart insurance isn't a one-size-fits-all scenario; it's heavily influenced by the type and amount of coverage you select.

Basic liability insurance might set you back by only about $75 a year. Still, as you start adding additional coverage types—like collision, comprehensive, or any add-ons—the price will inevitably rise.

Golf cart owners who want peace of mind, covering potential damages, theft, or even medical payments for injuries, will understandably need to fork out a bit more for those extra layers of protection.

Conversely, those willing to take on higher deductibles might see a drop in their annual or monthly rates, as they're agreeing to cover more out-of-pocket costs before the insurance benefits kick in.

It's all a delicate balancing act, making it vital for potential policyholders to thoroughly assess their needs, budget, and risk tolerance.

Things to Consider When Choosing Your Coverage

Embarking on the journey of choosing the right insurance for your golf cart?

It's not just about the dollars and cents. Several other factors come into play that might significantly influence the type of coverage you need.

Here's a comprehensive guide to the crucial aspects you should mull over when making that all-important decision.

Assessing the value of your cart

The value of your golf cart, unsurprisingly, is paramount in determining the kind of insurance coverage you should opt for.

If you've invested in a premium, high-end cart, skimping on coverage could be a grave mistake.

Imagine being involved in an accident and discovering that your basic insurance doesn't quite cover the full extent of damages to your luxury cart.

To avoid such scenarios, always ensure that the total cost of your golf cart is adequately covered.

However, it's not just about the purchase price.

Consider any modifications or enhancements you've made.

Upgraded seating, custom paint jobs, or state-of-the-art audio systems can significantly increase the cart's value.

Insuring these additions is equally vital, as they could be expensive to replace or repair.

Regularly update your insurance provider about such modifications to ensure you always have optimal coverage.

Where you store and use the cart

Where you predominantly store and use your golf cart has a massive impact on the insurance coverage you might need.

If your cart is primarily housed in a secured garage or a gated community with minimal risk of theft or damage, you could consider a slightly relaxed coverage.

Conversely, if you often park your cart in public places or use it heavily in areas with a lot of traffic, the risks of potential damages or thefts increase.

Similarly, if your cart often treads on rough terrains or off-road tracks, the wear and tear it undergoes is significantly higher than one used strictly on smooth golf course paths.

Your geographic location also plays a role. Residing in areas prone to natural disasters, like floods or hurricanes, might necessitate additional coverage considerations.

Carts in these areas are at a heightened risk of damage, and being proactive about insuring against such potentialities can save a lot of heartaches later.

How the cart's age might affect your premium

Just like vehicles, the age of your golf cart can influence the insurance premium.

Newer carts, fresh off the production line, will generally cost more to insure than older models.

This is due to the replacement costs being higher for newer models compared to their older counterparts.

However, there's a twist. While a newer cart might have higher insurance premiums, they often come equipped with advanced safety features.

Such features can, in some cases, net you a discount on your premium.

Older carts, depending on their condition and any refurbishments, might lack these safety features, which could make them more prone to damages or accidents.

Additionally, the longevity and wear of an older cart could mean more frequent claims, especially for minor repairs.

Some insurance companies might increase premiums for older carts because of this.

It's a balancing act, and understanding how the age of your cart might affect your premiums can guide you in choosing a coverage plan that's both adequate and cost-effective.

Tips to Reduce Golf Cart Insurance Costs

Paying for golf cart insurance might seem like a necessary pinch on the pocket, but did you know there are strategies to get that premium down?

Just like car or home insurance, with a few smart moves and a dash of diligence, you can ensure your golf cart is protected without feeling the financial strain.

Dive in with me as we explore tried-and-true tactics to minimize those costs.

Bundle insurances

One of the most effective and straightforward strategies to save on your golf cart insurance is by bundling it with other insurance policies you already have.

Most insurance providers offer significant discounts to customers who choose to consolidate their various insurance needs under one roof.

So, if you have home, auto, or boat insurance with a company that also offers golf cart insurance, it might be beneficial to bundle them together.

This doesn't only bring the obvious cost benefits. Bundling can also simplify the insurance management process for you.

With fewer policies scattered across different companies, tracking renewals, managing claims, or even making payments becomes a whole lot easier.

Additionally, being a ‘valued' customer with multiple policies might also fetch you better customer service and a smoother claims process.

Discounts for safety measures

Insurance, at its core, is about risk management.

The lesser the risk associated with insuring your golf cart, the more inclined your provider will be to offer you a lower premium.

One way to convey this reduced risk is by implementing and showcasing safety measures.

Invest in quality anti-theft devices or GPS tracking systems for your cart.

This not only reduces the chance of theft but also can lead to discounts on your insurance policy.

Similarly, if your golf cart has modern safety features, such as improved braking systems or protective windshields, make sure to inform your insurer.

Additionally, consider enrolling in safety courses.

Some insurers offer discounts to policyholders who can demonstrate that they've undertaken courses to ensure they operate their golf carts safely.

It's a win-win: you learn to navigate your cart better, and you pay less for doing so.

Periodic reviews and shopping around

Loyalty is a virtue, but when it comes to insurance, it might be costing you more than you think.

It's a good practice to review your golf cart insurance policy periodically.

As your cart ages or your usage patterns change, you might find that you're over-insured or perhaps under-insured.

Furthermore, the insurance market is always evolving.

New players enter the field, old ones introduce new deals, and discounts and rates shift based on broader market dynamics.

Shopping around every year or so ensures that you're not missing out on a better deal elsewhere.

Obtaining quotes from multiple providers gives you a more holistic view of the market and helps in negotiations.

Even if you decide to stick with your current provider, having a comparative perspective can give you leverage to negotiate a better rate or additional benefits.


In navigating the world of golf cart insurance, understanding your needs and being proactive can lead to significant savings.

With the right information and a dash of diligence, ensuring your cart's protection becomes both affordable and straightforward.

Stay informed, compare options, and choose wisely. Your golf cart—and your wallet—deserve it.