It’s astonishing that the global golf cart industry is worth over $1.5 billion.

These compact vehicles are not only used on golf courses but also for various recreational and practical purposes in communities and neighborhoods. With the increased usage of golf carts, it’s important to consider protecting your investment with the right golf cart insurance coverage.

How much is golf cart insurance? Read on to unpack this expense.

Understanding Golf Cart Insurance Coverage

There are various types of insurance coverage available for golf carts, each catering to different needs. These are the most common types of golf cart insurance you’ll encounter:

Liability Insurance

Getting this golf cart insurance will cover the costs associated with any damage you might cause to another person’s property. It also covers any injuries sustained by someone else while using your golf cart.

Collision Insurance

Collision insurance helps cover the expenses for repairing or replacing your golf cart if it’s damaged in a collision. This could include another vehicle or an object.

Comprehensive Insurance

Comprehensive insurance offers protection against non-collision incidents. This includes vandalism, theft, fire, and even natural disasters.

Medical Payments Coverage

It’s possible that you or your passengers could get injured while using the golf cart. Medical payments coverage can help with medical expenses.

Golf Cart Insurance Policy Costs in 2023

The cost of golf cart insurance can vary based on several factors, including the following:

  • What type of coverage you pick
  • Your location
  • Your driving history
  • The golf cart’s value
  • The way you use your golf cart

On average, golf cart insurance can range from around $100 to $400 per year. Here are more details on the specifics that will influence your expenses:

Types of Insurance Coverage

Comprehensive coverage generally costs more than liability-only coverage. The reason why is that you’ll enjoy a much wider range of protection.

Value of the Golf Cart

More expensive golf carts will likely have higher insurance premiums. The cost of repair or replacement is even greater.


Do you live in an area with a high rate of accidents or theft? Your insurance premium might be higher.

Driving History

A clean driving record could lead to lower insurance premiums. It reflects your responsible driving behavior.

Intended Use

Are you using your golf cart for leisurely drives within a community? Your premium might be lower than if you’re using it for commercial purposes.

Saving on Golf Cart Insurance

There are ways to save money on golf cart insurance without sacrificing coverage. You can consider bundling your golf cart insurance with other policies you have, like homeowner’s insurance.

Installing safety features like anti-theft devices and seatbelts might make you eligible for discounts as well.

How Much Is Golf Cart Insurance in 2023? These Are the Facts

You’re not the only person who has this question: “How much is golf cart insurance?” It’s wonderful to gather golf cart insurance information so you can stay safe. Now you’ll have no trouble finding the right golf cart coverage that protects you without breaking the bank.

You deserve to have the best insurance for your golf cart and beyond. Contact Tom Needham Insurance Agency to discuss our range of insurance options.