What is the cost to insure Golf Clubs?
What is the cost to insure Golf Clubs?
Golfers often ignore golf insurance as just another unnecessary cost. However, that is not so. It is actually an important part of making your golfing holiday stress free. It offers you a soft financial landing in case you clubs are damaged during shipping.
A Useful Analogy
A good analogy that the shipping pros at RunRex like to use is that of carrying money. If you were carrying over $1000 in cash, would you leave it unattended in a box to be handled by strangers? The most likely answer for that is ‘No’. However, that is exactly what most golfers do. Golf clubs can be worth over $1000, yet many people still insist on not having insurance for them.
When you receive your golf clubs, it is also important that you store them carefully. Many golfers have been known to leave their clubs in parking lots, which makes them an easy target for thieves. With insurance, you do not have to worry so much about any harm to your golf clubs. You know that you will receive compensation.
What is covered?
A court ruling a while back declared that golfers were liable for any shots that lead to injury. Thus, your golf insurance could cover that too. As a result, you do not have to pay for the cost of treating those you injure out of pocket. Every year, more than 10,000 golf injuries require some form of hospitalization. Thus, there is a good chance that you could injure someone, even when you do not intend to do so. Sometimes, a court may award a plaintiff hundreds of thousands of dollars. Without insurance, it could prove quite costly.
Other costs that are covered include those for rental clubs. If the clubs you rented are damaged, you will not have to pay for them in cash. Your insurer will foot the bill. Bad weather is another common cause of damaged golf clubs. If your clubs and other golfing equipment become damaged by bad weather, you do not have to despair. Depending on how extensive your policy was, you may not have to pay for them out of pocket.
What about Household Insurance
Some people may argue that they do not need to buy golf insurance cover since their household insurance already covers them. However, it is quite tricky to get the insurer to pay for golf clubs that are lost or damaged outside the home. Besides that, if the insurer does cover the golf clubs, it could lead to higher costs for your policy in future. The reason for this is that the insurer would have to adjust the policy to account for the increased risk because of the crime.
It is also worth noting that most golf club thefts will occur in a parking lot. Most household policies do not cover that cost. The policy will only kick in if the car was parked inside the home’s garage. In short, depending on household insurance to cover golf clubs is quite risky. Besides that, adding your golf clubs, which cost over $1000, to your household insurance policy can make it quite expensive.
What About Depending on the Golf Club
Most golf clubs will offer insurance for your clubs. However, that cover is usually quite limited in scope. For instance, it may apply for only one day and cover only specific aspects. Besides that, you may be required to apply for membership or pay an extra fee in order to access this cover.
Does Cover Apply if You Paly Abroad
Most golf insurance cover will only be viable if you play domestically. However, the insurance cover can work if you play in specific regions of the world. For instance, it may be viable if you play in some countries in Europe and other areas of the industrialized world. To know if you still have cover when playing abroad, it is important that you ask your insurer. He or she will help you to determine if you are taking a major risk.
What Items are covered?
If you are getting cover for your golf clubs, most other items will not be covered. For instance, the balls may not be covered. Additionally, the GPS device that you use may not be covered. However, depending on the insurer that you choose, these items may be covered if you chose to pay for it.
The Insurance over Offered by shipping companies
Great shipping companies such as RunRex offer limited cover for your golf clubs. Such type of insurance only applies if the clubs are damaged or lost during shipping. When the golf clubs leave their hands, the cover does not apply. Thus, you will still need to purchase some insurance cover. Your golf clubs could be damaged at the golf course or they could be stolen after you have already signed for them at the resort.
When you purchase golf clubs, ensure that you do not lose the receipts. It makes the process of getting compensation quite easy. Besides that, ensure that you take photos of your clubs before shipping them.
