Quote:
Originally Posted by JGibson
Golf cart insurance is odd because you tell them what the value of the cart is, there is no real universal golf cart blue book.
I told them the cart was worth $15k and she quoted me a price and then I told her the value of the cart was $10k and she quoted me a much lower price.
So it's up to you to decide what it's worth and they will charge you accordingly.
This was at TV insurance.
|
Insurance is strange. You pay to have a company put a value on the risk. If, you say your cart is worth 15,000 and it is only worth ten they will of course charge you more. However,
should it be stolen or burned or whatever they will not pay you based on the inflated 15,000