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Insurance for Amusement Devices and Rides

Insurance for Amusement Devices and Rides

Amusement devices and rides are a lot of fun. That fun, however, has to meet stringent safety standards. Even then, it is a riskier class of entertainment than others. Insurance for amusement devices and rides protects assets in the event of claims like injuries or property damage. For your clients in this industry, the right coverage makes the difference between a viable business and one that cannot survive the inherent risk.

Our insurance for amusement devices and rides is ideal for clients involved in many types of entertainment and amusements. For example, this insurance is great for your clients operating laser tag, water parks, paintball, indoor playgrounds, skateboard parks, and amusement or theme parks. Our insurance is a great addition to your offerings. If you are not covering these areas already, you can expand to write more business.

Risks and Lawsuits for Amusement Devices and Rides

There are many areas where insurance comes into play for companies working with amusement devices and rides. All of these scenarios can have costly results unless there is coverage in place. Just being on the premise of a place with amusement devices and rides can lead to unwanted incidents like slips or falls. Premises liability insurance helps keep your client’s business running, ensuring there is coverage for medical bills and more.

People can become injured owing to the amusement rides or devices themselves. Whether it’s a malfunctioning piece of equipment, operator negligence, or inadequate warnings about risks, these things happen. Injured parties often seek compensation. It is easy to find many examples of costly lawsuits relating to amusement devices and rides. It’s also clear that these lawsuits leave companies with damaged finances and reputations, often to the point that they can no longer operate.

One well-known series of lawsuits revolves around the Schlitterbahn, a waterpark and resort. The company has been sued numerous times for injuries sustained on waterslides and rides. One of the better-known claims stems from the death of a 10-year-old boy, after which the slide in question was shut down. The Schlitterbahn paid almost $20 million to the family of the child in a settlement, and is reportedly struggling to recover financially.

In another case, a family was injured at the North Carolina State Fair. They sought $150 million in damages against the ride owner, a worker, the company that brought the ride to the fair, and the company operating the ride. All parties settled for an undisclosed amount, showing just how far-reaching amusement device and ride risk can be.

Benefits of Our Insurance for Amusement Devices and Rides

Insurance for amusement devices and rides, through Prime Insurance Company, is clearly beneficial for your clients. Our coverage offers protection, even for harder to place risks such as those found in amusement settings. We work to find innovative solutions for every client, including those who have been declined by other companies in the past.

While it is often the inherent danger of an amusement ride that makes it so much fun, that danger must be managed. Our expertise in this area is beneficial to your clients. Prime Insurance Company’s risk assessment and mitigation teams use their considerable skills to identify areas where there may be safety issues or liability concerns. Investing in our insurance for amusement devices and rides is also investing in this insight. Ideally, strong risk management practices reduce the potential for claims.

If your client makes a claim, they can rely on our in-house claims team and its expertise and experience. We handle all client claims fairly, with clear communication and 24-hour assistance. We know that managing a claim can be stressful. We do all that we can to ease the process while getting fair results.

For insurance producers, working with Prime Insurance Company means your clients can count on you to link them with a dedicated, innovative insurance company. Prime is committed to writing tough risks so you can reap the rewards, adapting to each one of your clients and their needs. You will also enjoy our direct service initiative, which notifies everyone involved with a risk of our actions as we service that risk. With flexible underwriting, extraordinary claims results, and a constant commitment to helping producers expand business capabilities, it’s hard to find a better partner than Prime.

Find out exactly what we can do for you and your clients by coming to us with your needs for insurance for amusement devices and rides. Partner with us using our online application today. For more details you can also call 800-257-5590 or email at info@primeis.com. Find us on social media, through Facebook, Twitter, YouTube, LinkedIn, and Instagram. And we invite you to read our blog for more insight.


rick lindseyAuthored 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.

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