As the 2012 PGA Championship is in full swing (no pun intended), we thought that the golfers among our clients might be interested in knowing how to adequately insure their equipment and assets.
1. Protect Your Equipment
The beauty of playing golf in the United States is that it’s very accessible for folks from all backgrounds. The better you get, the better and more valuable your equipment. A full set of clubs, a couple extra irons, a new driver, plus gear, clothing and shoes – and it begins to add up.
A standard homeowner’s or renter’s insurance policy will extend to protect your golf equipment for covered perils such as loss, theft or fire. Coverage follows your gear, whether it’s stored at your home or is with you on travels anywhere in the world.
Keep in mind that your insurance deductible applies before payment from the insurance company kicks in.
For very high-end golf equipment, you may consider adding a special endorsement to your homeowner’s or renter’s policy. Please contact your independent agent for more information.
2. Protect Your Assets Against Liability Claims
Golf can be relaxing and calm, but it can also be dangerous. As every golfer knows, these little white balls can have a mind of their own. Whether you accidentally hit a window on a nearby home, a car in the parking lot or another golfer, accidents can happen quickly.
We’ve heard several stories of players with serious injuries and liability limits can be easily exceeded.
Be sure that the liability limits on your homeowner’s or renter’s insurance are up to par, and consider purchasing an Umbrella Policy to protect yourself against a larger liability lawsuit.
3. Insurance for Golf Carts
Golf carts are becoming more and more popular in the Pacific Northwest, replacing gas-guzzling cars with environmentally friendly buzz. Many folks enjoy using their cart not only for recreational purposes, but also for quick trips to the store or local errands during the summer months.
According to MRSC , Washington cities and counties are allowed to create “golf cart zones” around golf courses, permitting incidental use of golf carts on public roads that have speed limits of 25 mph or less. Keep in mind that golf carts that are being used on public streets need to meet certain safety standards to be legal.
If you own a golf cart, a standard homeowner’s policy will only provide coverage if your cart is driven on your property, or transported on a trailer and used to play golf on a golf course.
However, if you plan to drive your golf cart on public roads, we strongly advise you to consider Golf Cart Insurance. Your team at McClain Insurance can help you with that! Just like a car insurance policy, Golf Cart Insurance includes various coverage options, including Liability, Comprehensive, Collision, Medical Payments, Transport Trailer, Uninsured / Underinsured Motorist Coverage, Roadside Assistance and Accessory Coverage.
Questions? No problem! Give us a call at 425-379-9200 for more information on insurance for your golf equipment.