Golf equipment: High value and attractive to thieves

Spring is here and a new golf season is starting for many who enjoy the game. Serious and casual golfers alike will be hitting the links with new and high-end equipment that’s often targeted for theft. Help policyholders have a successful season by ensuring they have proper coverage for their equipment – especially equipment that is expensive or custom made.

Here are retail costs for some of the most popular golf equipment this spring:

• TaylorMade M4 Driver $429
• PING G700 Iron Set $1,200
• Titleist SM7 Wedges $149
• 2018 Scotty Cameron Newport 2 Putter $399
• Ping 4Series Stand Bag $159
• Bushnell Pro X2 Rangefinder $469

Golf clubs are considered personal property and are covered anywhere in the world under the HO3 policy, but only on an actual cash value basis. This may not be enough to purchase a new set. A replacement cost loss settlement endorsement for personal property will help policyholders receive what it costs to replace their golf equipment, minus any applicable deductible, giving them the best protection.

For information about coverage for golf equipment and other property, contact your personal lines underwriter.