As a New Jersey resident, you are required to have insurance on your golf cart. This is to protect you, as well as other drivers, in the event of an accident. There are a few different things to consider when purchasing golf cart insurance.
First, you need to decide what type of coverage you need. There are three basic types of coverage: liability, collision, and comprehensive. Liability coverage will pay for damages if you are at fault in an accident. Collision coverage will pay for damages to your golf cart if it is involved in an accident. Comprehensive coverage will pay for damages to your golf cart if it is damaged by something other than an accident, such as a fire or theft.
Next, you need to decide how much coverage you need. The amount of coverage you need will depend on the value of your golf cart. If you have a newer, more expensive golf cart, you will need more coverage than if you have an older, less expensive one.
Finally, you need to decide how you will pay for your golf cart insurance. You can either pay for it in full upfront, or you can pay for it in monthly installments. If you choose to pay for it in full upfront, you will get a discount on your premium.
No matter what type of golf cart insurance you choose, make sure you shop around and compare rates from different companies before you purchase a policy. This will help you get the best rate possible.