Average costs of these types of insurance
| Types of insurance | Price range |
| Equipment insurance | $360 – $1465 |
| General liability insurance | $640 – $1205 |
| Commercial vehicle insurance | $1970 – $2630 |
| Commercial insurance | $1075 – $2580 |
How much does insurance cost for a golf course?
This varies so widely from golf course to golf course that it’s impossible to give a good estimate, but plan on your golf course’s insurance costing at least a few thousand dollars per year. Top tier courses may pay tens of thousands of dollars per year.
How much money can you make owning a mini golf course?
However, the relatively low ongoing expenses means that a steady stream of customers can easily make you over $100,000 a year, and some mini golf course owners report being able to pay off their initial investment within the first few years of opening this business. How can you make your business more profitable?
How much does it cost to insure a golf cart with Hoa?
In many golf communities, the HOA requires golf cart owners purchase specific insurance for golf carts and name the HOA as an additional insured. Peyton says that his firm sells a golf cart insurance policy for $50 per year and adds an HOA as an additional insured at no additional cost.
What is uninsured motorist coverage on a golf cart policy?
With most golf cart policies, you have the option of getting uninsured/underinsured motorist coverage. This is the type of coverage you'd need if you were in an accident and the other driver was at fault but did not have their own insurance. If the accident was caused by you, your policy would kick in for coverage.
Workers Compensation
Workers Compensation coverage is a requirement in most states if you have employees. It provides coverage for bodily injury, medical bills, loss of income, death for all employees, full time or part time. Download Workers Comp Application
Indoor Inflatables
If you have an Indoor Inflatable Center inside of your fun center you will need to fill out this supplemental application.
Ropes Course
If you have Rope Courses in your FEC you will need to fill out this supplemental application.
Go-Kart
For Go-Karts tracks at your center you will need to fill out this supplemental application.
Commercial Auto
Your personal auto policy has an exclusion for business use so you will have no coverage under your current auto insurance policy. A commercial auto policy will cover you for both business use and personal use.
Cyber Liability Coverage
Cyber Liability coverage is ecspecially important if you process credit cards or obtain personal information from customers.
What is a miniature golf course?
Miniature courses have the contours, banking, and undulations found on “real” golf courses. Along with club rentals and golf balls, miniature courses may have snack bars, video game areas, and restrooms. Some newer courses have installed golf simulators. for real golfing practice.
What is the risk management for miniature golf courses?
Risk management practices for miniature golf courses General Liability insurance policies include proper maintenance and inspection of the courses, clubs, and golf balls; careful and regular inspection of lighting and electrical supply areas with posted signs to keep out; sufficient and proper lighting; protection and signs around water areas; proper supervision all players, especially children and inexperienced golfers; posted evacuation plans in case of inclement weather; posted rules of conduct; careful background checks of employees who will work with children; CPR training and first aid equipment; and careful and regular inspection of course maintenance equipment. Golfers should be prohibited from using the facilities without proper equipment and supervision when necessary.
Where are mini golf courses found?
Miniature golf courses are commonly found in coastal resort areas , but are not confined to those regions. Courses often appear to resemble a golf course. Most include bridges, natural rocks, windmills—and all are well-lit for nighttime play.
Can you get electrocuted from a golf ball?
Players can slip and fall on a wet surface or a slope, golfers can be accidentally hit by a club (or errant golf ball); players (especially children) can fall into the water; lightening can strike a player; people can trespass into posted areas and become electrocuted.
Is mini golf waning?
Miniature golf has provided fun for children of all ages for several decades, and its popularity does not appear to be waning. Grandparents as well as little ones can feel adept at “golfing” with each other.
Can you play miniature golf without supervision?
Golfers should be prohibited from using the facilities without proper equipment and supervision when necessary. Even with careful attention to detail, accidents, lawsuits, and resulting General Liability claims can occur at a miniature golf facility.
What is mini golf?
Miniature golf, also known as mini-golf, midget golf and Putt-Putt, is an offshoot of the sport of golf which concentrates solely on the putting aspect of the regular game. It is played on courses of usually nine holes similar to regular golf, but distinguished by their short length between holes and the use of artificial putting surfaces such as carpet, Astroturf and concrete. Miniature golf frequently has a geometric layout that may require non-traditional putting lines such as bank shots and artificial obstacles such as tunnels, tubes, ramps, concrete, metal, fiberglass forms and moving impediments such as windmills. There are many miniature golf courses and businesses throughout the nation. Although accidents and injuries are extremely rare and uncommon, they still occur from time to time. In the rare instance that someone is injured, you are definitely going to want to be covered with the best miniature golf insurance in the industry – Westpoint Insurance!
Does Westpoint Insurance cover mini golf?
Whatever you do, don’t run the risk of injuries without the protection of a miniature golf policy from Westpoint Insurance. Individuals who are involved in the sport of miniature golf should realize that injuries involving players, course owners, volunteers and coaches can occur while a miniature golf game is in progress or your group or team hosts or travels to a tournament. An injury could very well be in the form of food poisoning while traveling to a playoff in another community. This is the reason you are going to want to invest in an all-inclusive and comprehensive insurance plan from Westpoint Insurance since injuries are not always caused by the sport. Our insurance company is recognized for tailoring insurance policies specifically for our miniature golf family for an affordable price. Not only do our policies include protection for miniature golf, but it also provides coverage for owners, directors, instructors, employees and players against any claims of bodily injury, property damage and any litigation costs to defend against such claims. If you find your group needs customized miniature golf insurance, it’s time to pick up the phone and call Westpoint Insurance today, at: (800) 318-7709.
Available Coverages
Covers equipment breakdown, business income with extra expense, and ordinance of law. Special form/replacement cost policies, agreed value options, and comprehensive property extension endorsement available. Flood and quake sub limits available in select regions.
About ESP Specialty
and managing insurance product lines for A+ rated carriers for over 10 years.
What is a business structure for miniature golf?
The most common business structure types are the sole proprietorship, partnership, limited liability company (LLC), and corporation. Establishing a legal business entity such as an LLC or corporation protects you from being held personally liable if your miniature golf course is sued.
What is a CO for mini golf?
Miniature Golf Courses operating out of a physical location typically require a Certificate of Occupancy (CO). A CO confirms that all building codes, zoning laws and government regulations have been met.
Why do businesses need insurance?
Just as with licenses and permits, your business needs insurance in order to operate safely and lawfully. Business Insurance protects your company’s financial wellbeing in the event of a covered loss. There are several types of insurance policies created for different types of businesses with different risks.
Why do you need insurance for a country club?
In order to protect your business, yourself, your staff, and your clientele, having the right insurance coverage is a necessity. Country clubs offer many recreational opportunities to members and their guests.
What are the personal injury exposures in pool?
Personal injury exposures include assault, discrimination, defamation of character, false arrest, invasion of privacy, or unlawful detention.
Do golf courses require workers compensation?
Workers Compensation. It takes a large staff to operate a golf course or country club. As such, you are going to need to have workers' compensation insurance. This coverage protects all of your staff from any accidents, injuries, or illnesses that they may sustain while they are on the job.
Is golf course insurance good?
Golf Course & Country Club Insurance Golf courses and country clubs offer an excellent business opportunity for those who invest in them. They can prove to be quite lucrative, as golf is a very popular pastime and country clubs can be used for a variety of purposes, including different functions and events.
Do you need to carry unemployment insurance?
If you have any employees most states will require you to carry worker's compensation and unemployment insurance. Some states require you to insure yourself even if you are the only employee working in the business.
What is golf course insurance?
Golf course insurance is a type of business insurance specially designed to cover the needs of a golf course. As with all business insurance, that means it’s a blend of several different types of coverage.
What type of insurance is required for a golf course?
Here are the most common types of insurance that may be included in a golf course insurance policy: General liability: Covers legal expenses in case of a lawsuit. Liquor liability: Covers legal expenses specifically related to serving alcohol, like drunk driving cases. Directors and officers insurance ...
Why are you sued for racial discrimination?
You’re sued because a customer was overserved at a bar and got into an accident. You’re sued because a customer was injured by a flying ball or another feature of your course.
How much did commercial insurance lose in 2017?
Incurred losses for commercial insurance in the United States from 2012 to 2017 (in billion U.S. dollars) Businesses incurred losses of over 137 billion dollars in 2017 to physical damage, legal costs and more. Luckily business insurance was there to pick up the tab for them.
What factors affect the cost of golf course insurance?
Factors that influence the cost of golf course insurance include your course’s location and vulnerability to crime and disaster, the size of your course, the replacement cost of buildings and equipment, and whether or not you serve alcohol.
What type of insurance covers lawn tractors?
Commercial auto insurance: Covers vehicles, like maintenance trucks or courtesy cars, in case of accidents. Inland marine insurance: Covers equipment that moves, like golf carts or lawn tractors. May also cover the green or special course features like trees that aren’t covered by commercial property insurance.
How many people played golf in 2017?
23 million adults played golf in 2017, and it’s not hard to see why. Golf is a relaxing way to have fun and stay in shape. What those players may not realize is that their good time is protected by a secret superpower: golf course insurance.
How much does golf cart insurance cost?
Here is some general information on monthly costs: You may pay as little as $4 a month. If you add golf cart coverage to your current homeowner's insurance.
What is golf cart insurance?
KEY TAKEAWAYS. Golf cart insurance is an insurance policy that covers damage to your golf cart and damage that your golf cart causes. Buying golf cart insurance depends on where you ride and how you use your golf cart. It covers bodily damage liability, property damage liability, collision and comprehensive damage to your cart.
Do you have to have liability insurance on a golf cart?
Not every policy will let you add the golf cart as a rider to your homeowner's insurance policy. Sometimes, you'll have to get it separately. Think about Florida and Arizona, where the weather is warm where and riding around in a golf cart, even on public roads, is almost a way of life. In fact, in Arizona, if you drive a golf cart on the road, you are required to have liability insurance on your golf cart.
Can you drive a golf cart in a retirement community?
But before you hop on, be sure to check out the insurance requirements for the state you'll be driving it in.
Does golf cart insurance cover off road driving?
Other states, like Arizona and North Carolina have set minimum coverages required for any golf cart that will travel on public roads. If you won't be driving the cart on public roads, it's still a good idea to get some insurance coverage for an off-road vehicle.
