Golf cart insurance is one of those things that’s important to have if you live in Ohio and own a golf cart. Here’s what you need to know about golf cart insurance in Ohio, including the minimum requirements and what coverage options are available.
Minimum Requirements
In Ohio, golf cart insurance is not required by law. However, if you finance your golf cart, your lender will likely require you to have insurance. Even if it’s not required, we recommend that you insure your golf cart. Why? Because accidents happen, and golf carts can be expensive to repair or replace.
There are two types of golf cart insurance: liability and physical damage. Liability insurance covers damage that you cause to other people or property with your golf cart. Physical damage insurance covers damage to your golf cart itself, regardless of who is at fault.
Liability Coverage
Liability coverage is the most important type of golf cart insurance. Why? Because if you cause an accident, you could be held responsible for a lot of damage. In Ohio, the minimum amount of liability coverage you can have is $12,500 for bodily injury per person, $25,000 for bodily injury per accident, and $7,500 for property damage per accident.
However, we recommend that you get more than the minimum amount of coverage. Why? Because if you cause an accident that results in serious injuries or a lot of property damage, you could be on the hook for more than the minimum coverage limits.
Physical Damage Coverage
Physical damage coverage is not required by law in Ohio, but it’s a good idea to have if you want to protect your golf cart. Physical damage coverage pays for damage to your golf cart regardless of who is at fault. So, if your golf cart is damaged in a storm or stolen, you won’t have to pay out of pocket to repair or replace it.
There are two types of physical damage coverage: collision and comprehensive. Collision coverage pays for damage to your golf cart caused by a collision with another object, like a tree or another golf cart. Comprehensive coverage pays for damage to your golf cart caused by something other than a collision, like theft, vandalism, or a storm.
Coverage Options
There are a few different coverage options available for golf cart insurance in Ohio. Here are a few of the most common:
Replacement Cost Coverage: This type of coverage pays for the cost of repairing or replacing your golf cart, up to the limit of your policy. So, if you have a $5,000 limit on your policy and it costs $6,000 to repair or replace your golf cart, you would be responsible for paying the $1,000 difference.
This type of coverage pays for the cost of repairing or replacing your golf cart, up to the limit of your policy. So, if you have a $5,000 limit on your policy and it costs $6,000 to repair or replace your golf cart, you would be responsible for paying the $1,000 difference. Custom Equipment Coverage: This type of coverage pays for damage to custom equipment on your golf cart, like a custom paint job or audio system.
This type of coverage pays for damage to custom equipment on your golf cart, like a custom paint job or audio system. Rental Reimbursement Coverage: This type of coverage pays for the cost of renting a golf cart if your golf cart is damaged and needs to be repaired or replaced.
This type of coverage pays for the cost of renting a golf cart if your golf cart is damaged and needs to be repaired or replaced. Towing and Roadside Assistance Coverage: This type of coverage pays for the cost of towing your golf cart if it breaks down or for the cost of roadside assistance if you have a flat tire or run out of gas.
This type of coverage pays for the cost of towing your golf cart if it breaks down or for the cost of roadside assistance if you have a flat tire or run out of gas. Medical Payments Coverage: This type of coverage pays for the cost of medical treatment for you or your passengers if you’re involved in an accident.
This type of coverage pays for the cost of medical treatment for you or your passengers if you’re involved in an accident. Personal Injury Protection Coverage: This type of coverage pays for the cost of lost wages and other expenses if you’re injured in an accident.
This type of coverage pays for the cost of lost wages and other expenses if you’re injured in an accident. Uninsured/Underinsured Motorist Coverage: This type of coverage pays for the cost of repairs or replacement if your golf cart is damaged by an uninsured or underinsured driver.
How Much Does Golf Cart Insurance Cost in Ohio?
The cost of golf cart insurance varies depending on a few factors, like the value of your golf cart, the type and amount of coverage you choose, and the deductible you choose. In general, you can expect to pay around $200-$300 per year for golf cart insurance in Ohio.
Get a Quote
If you’re ready to get a golf cart insurance quote, we can help. At Ohio Golf Cart Insurance, we specialize in golf cart insurance and can help you find the right policy for your needs. We work with a variety of insurance companies, so we can get you the best rate possible.
To get started, just give us a call at 1-800-966-9873 or fill out our online quote form. We’ll shop around and find the best policy for you.