Golf Cart/LSV Liability
I'm new to hosting. We have a listing in the Florida Panhandle on 30A. Golf carts that are Low Speed Vehicles (LSV) are allowed on roadways that have speed limits up to 30mph. Many listings supply a golf cart with their rental. I'm having difficulty finding insurance liability coverage for the LSV. I can't find an STR policy that will agree to cover it. I can get coverage for my personal use from multiple insurance companies but not for guest use at a reasonable price. I found 1 insurer that would cover it for a $9,000 premium. I've read on here that Formost insurance will offer such a policy also but they do not after my conversation with them. I will have guests sign a waiver but unfortunately that doesn't fully protect me from a liability suit if there were an accident. Any advice would be appreciated.
Most Popular Reply
We just went through this. Found it best to not own the cart itself but to recommend a third party that will drop the golf cart off at the property before guests arrive & pick it back up when they leave. We avoid any liability & our guests still have the golf cart option it is just not billed through their STR purchase. I know the 30A & Destin area have golf cart rental places everywhere. Might be worth exploring & saving your cart for personal use only.