Trampoline Insurance - Home Insurance for Trampoline Owners? - What the Owners of Trampolines
Need to Know About Homeowners Insurance
A trampoline is fun for the whole
family and a great way to get in shape, but there are several
things that a responsible homeowner must be aware of as soon
as they purchase one. There are a wide variety of insurance polices
available, but one constant trend is the so called "trampoline exclusion." It
is relatively difficult to find an insurance company that will
include trampoline insurance cover and there are many reasons why this exclusion
To look at it from the insurance company's point of view, there
are a number of risks that make a trampoline quite unattractive.
First, a number of nasty accidents can happen on a trampoline.
A full trampoline is a piece of equipment that is used by gymnasts
in carefully supervised conditions. Having a trampoline that can
be used by everyone who can find their way into your yard is something
of an insurance nightmare. A study conducted between 1990 and 1995
a steadily growing trend of trampoline injuries, with numbers annually
in the five-figure range.
Trampolines are what insurance companies
considered an "attractive
nuisance," something that invites trespassers. No matter what
precautions are taken, there is an unnerving possibility that a
court case will find the owner of the trampoline guilty of negligence,
no matter what signs are posted or what preventative measures are
taken. In this case, the insurance company can end up paying out
thousands of dollars. When the situation is seen like that, an
insurance company seems to be taking a reckless risk when choosing
to insure something like a trampoline.
If you have decided to purchase a trampoline, make sure that you
are aware of your insurance company's policy regarding them. (Here is another article about Trampoline Insurance). Make
sure that you know if the item is covered before you buy it; otherwise,
you might not find out until you have a claim that your insurance
company won't touch with a ten foot pole!
The insurance policies that will cover trampolines usually insist
on stringent safety measures, like a safety net, or a fence that
is at least 4 feet high. This is still no guarantee that you will
find a policy to cover you; these things can vary from state to
state. If you owned a trampoline before you bought your policy,
or if you did not inform the insurance company of its existence,
don't be surprised if you get an unscheduled inspection and are
asked to remove it.
The best time to find out if your homeowner's insurance covers
trampolines is before you buy one! That way, you can find out if
trampolines are forbidden or allowed under certain situations.
Be aware of the risks that come with your trampoline and discuss
them openly and honestly with your insurance provider.
Get a variety of quotes and read the terms and conditions carefully before buying.
Enter your zip code above to get a home insurance quote right now.