Inflatable bounce houses are one of the joys of childhood, but operators need to be careful. Bounce house insurance ensures that owners and operators of these businesses are covered for liability.
The Risks of a Bounce House
Injuries are clearly a consideration for any bounce house operator. When children are injured, parents and guardians often respond with a lawsuit. Bounce house companies also run the risk of various claims such as alleged improper installation or unqualified personnel installing/supervising the bounce house.
In another example of a lawsuit, three sets of parents sought damages in excess of $50,000 after their children were injured in a bounce house incident. According to the parents, the bounce house was set up in an unsafe area with improper attachment to the ground and improper supervision. Winds caused it to roll over, strike power lines, and knock over a utility pole.
In Reno, a nine-year-old died when a bounce house rose into the air and got caught in power lines. Her parents filed a lawsuit against the owner of the company, alleging he “negligently advertised, rented, selected, maintained, equipped, set up and anchored the inflatable devices.” The family of another child involved, who was injured, filed a lawsuit claiming physical and emotional injuries.
In Spain, a six-year-old girl died when the bounce house detached from its anchors and rose into the air. Two other children were seriously injured.
The costs of such suits and settlements can be significant, given the potential injuries and fatalities. Without bounce house insurance to help defray these costs, companies have to pay out of pocket. This can devastate a business financially and could even deplete the personal finances of bounce house owners. The cost of bounce house insurance is well worth the protection it offers.
Bounce House Insurance for Your Clients
Insurance producers can write more business by serving the bounce house market. Insurance is vital to the ongoing success and operation of a bounce house or inflatable business. Your clients need protection against bodily injury and property damage.
Without insurance, these companies are unprotected from liability. They may experience limitations to their businesses thanks to stringent insurance requirements for events and locations. Even homeowners hosting private parties often want to see proof of bounce house insurance, as they do not want to be held liable for any issues that may arise.
Across many standard insurance policies, bounce houses are listed as an exclusion. That is why specific bounce house insurance is so important and why it is wise to work with a specialty liability insurance company like Prime Insurance Company. Your clients should be aware of their general insurance policies and exclusions these policies may contain, especially when operating a riskier business like inflatable rentals.
Prime Insurance Company specializes in insurance for high-risk businesses, including working with clients who have been declined or rejected from insurance previously. For bounce house operators who have encountered incidents, claims, or accidents in the past, it might seem impossible to get bounce house insurance, but we work hard to overcome claims histories and other issues for your clients. Learn more about our inflatables coverage here.
We add further value to your business with our robust in-house risk management team. The best way to avoid a claim is through risk reduction and mitigation. We meet with your client and offer tailored advice so they can work and serve their customers safely.
Of course, if your clients need to make a claim under their bounce house insurance, we work just as hard to handle that claim. We will do so fairly and efficiently. Note that we offer 24-hour assistance, ensuring that any time your clients need help, Prime Insurance Company is available. Our professional team is always happy to provide you with its expertise.
To get started with a quote, use our easy online application process today. You can also call our team at 800-257-5590 or if you prefer to email, you can do so at firstname.lastname@example.org. And, as always, you can find us on your favorite social network platforms – connect with us via Facebook, Twitter, YouTube, LinkedIn, and Instagram or keep up with the latest news by reading our blog.
Authored by Rick J. Lindsey, CEO, President, and Chairman of Prime Insurance Company
Rick J. Lindsey hails from Salt Lake City, Utah. He began working in the mailroom of his father’s Salt Lake City insurance firm, getting his introduction to the business that became his lifelong career. Lindsey quickly rose through the ranks while working in nearly every imaginable insurance industry job. As an entrepreneur, specialty lines underwriter, claims specialist, risk manager, and a licensed surplus lines broker, Rick Lindsey is highly skilled in all levels of leadership and execution. As he progressed on his career path, Rick discovered an urgent need for insurers willing to write policies for high-risk individuals and businesses. He was frequently frustrated that he could not provide the liability protection these entities desperately needed to safeguard their assets. He also formed the belief that insurance companies acted too quickly to settle frivolous claims. Lindsey decided to try a different approach. He started an insurance company and became the newly formed entity’s CEO. This opportunity has enabled Rick to fill a void in the market and provide a valuable service to businesses, individuals, and insurance agents who write high-risk business. Prime Insurance also specializes in helping individuals and businesses who live a lifestyle or participate in activities that make them difficult for traditional carriers to insure. If you’ve been denied, non-renewed, or canceled coverage, don’t give up quite yet. Chances are Prime Insurance can help.