Homeowner Insurance Trampoline

Before you buy that trampoline here are some things to do and think about in regards to how it will affect your homeowners insurance policy.

Homeowner insurance trampoline. Before answering your pleading child you should understand how owning a trampoline can impact your homeowners insurance policy. One important concept to recognize is the size and variability of the home insurance industry. Other insurers may not cover trampolines at all. Or a bounce as it were homeowners insurance companies and trampolines.

But not surprisingly homeowner insurance companies aren t too fond of trampolines because they re responsible for a lot of injuries. In fact the majority will insure it somewhere between 25 100 year 2 08 8 34 month while some may not charge at all. A lot of people get injured on trampolines including 98 000 children in 2009 alone according to the american academy of pediatrics. Insurance companies aren t keen to provide insurance coverage for incidents related to trampolines because simply put these kinds of accidents cost insurance companies too much money.

You may want to say yes but somewhere in the back of your mind you recall hearing something about someone s homeowners insurance being cancelled for owning one. Options for homeowners with a trampoline. How much does it cost for a trampoline on homeowners insurance. Homeowners insurance may cover your personal liability if someone is injured on your trampoline and sues but your insurer may require that the trampoline be enclosed with safety netting to be covered.

Just received a confirmation fax that a client s. Trampolines can be covered under a homeowner s insurance policy if proper safeguards are in place. If you decide you must have a trampoline on your property there are a few things to consider as you attempt to secure homeowners insurance with this attractive nuisance present. The american academy of pediatrics reports more than 1 million trampoline related emergency room visits between 2002 and 2011 the vast majority for children under 17.

The statistics show that having a trampoline increases the likelihood that someone will be injured on your property. Homeowners insurance coverage for trampolines may vary by state and by insurance company. The trampoline must have a net around it and must be in a fenced in area so that others do not have access to it. You will be asked begged really to get a trampoline.

For the carriers that do insure the liability for trampolines the cost is not as high as you might think. Get a homeowners trampoline quote now. Coverage for trampolines is typically handled in one of three ways. Not a match made in heaven.