Golf Cart at Vacation rental?

Question

Has anyone ever left a golf cart for renters to use at a vacation property? It seems like a good idea if you have a property that is a few blocks from the beach, and parking is limited. However, it also seems like a big liability.

Thanks.

Seth Engelbrecht · Answer

I would worry about liability in this situation. I would recommend talking with your insurance agent before doing this. Maybe there is a way to partner with a business that rents golf carts and that way the liability is covered under their policy

John Mocker · Answer

Edward,

Is there a local company that rents Golf Carts.  If so, you could include their info to the renter and let them rent it from that company.  Takes you out of the loop

Aaron Porter · Answer

Account Closed That is a really great idea, I didn't know that there is a golf cart rental program.

@Edward Moore  You will definitely need to let your insurance agent know that you will have a golf cart on the property for the tenants to use.  There are some new regulations coming that I was informed about today.  Travelers will not insure a property with a golf cart that has rear facing seats.  Which means that if your golf cart has rear facing seats on your property and you have travelers they will deny coverage even if you have a stand alone policy for the golf cart.

I have had short term rentals in the past where we had ancillary items for the tenants to use while staying at the house.  We went through special steps to ensure that we we covered for liability and property damage.  from liability waivers, to extra insurance, to stand alone policies for liability, property, and property damage.

Work with your insurance agent they want you to have the coverage that you need, if the agent doesn't know how to do what is needed, find a new agent who does.  If your policy doesn't explicitly state that you have coverage for something and your agent tells you that you do, get it in writing from your agent.  Your carrier will deny a claim if the policy states it as an exclusion or it isn't listed in your policy.  Example- a homeowner's policy is not the same as a landlord policy, if the carrier finds out that you have tenants they will deny coverage. There are hundreds of other examples but the main thing is that you need to keep records of what you tell your agent, and make sure that the policy they build for you gives you the coverage that you asked for and need.

Edward Moore · Answer

@Seth Engelbrecht That is a great Idea about the rentals.

Thanks.

Golf Cart at Vacation rental?

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