Trampolines are increasingly becoming a part of households. While they can help you have fun in your backyard, they also carry certain risks. Read on to learn more about trampoline coverage and your homeowner’s insurance policy.
Does Your Homeowners Insurance Cover Trampolines?
Getting a trampoline can be risky, as you may get hurt, especially if there are no safety precautions at your place. Your trampoline is an added risk that your insurance company may not be willing to cover.
Should You Buy a Trampoline?
To ensure that you have proper coverage, verify your homeowner’s insurance policy before getting a trampoline, as coverage for trampolines may vary depending on your state and policy type.
1. No Exclusions
Your carrier may cover trampolines without any exclusion in your home insurance. They will provide personal liability coverage and cover any medical expenses if anyone is injured on your trampoline.
2. Complete Coverage with Safety Precautions
An insurance policy will provide coverage for trampolines only if all the precautions are met, such as installing a safety net or fencing around your yard.
However, the coverage may be offered up to a certain limit. Contact your insurance company to understand the specific circumstances when they will cover you and how much they cover.
3. Exclusions
Your house insurance may exclude trampolines. In that case, you will need to pay for the damages caused by your trampoline out of your pocket. Also, in case of any lawsuits, your insurer isn’t liable to offer you any protection.
In most cases, you may be denied to renew your homeowner’s insurance policy if you get a trampoline. However, if you want to buy a trampoline, you’ll need to shop around for a policy that covers trampoline accidents and damages.
Whether you choose to install a trampoline or not, it’s important to carry insurance for protection against the potential damages. For further assistance with your homeowner’s insurance policy, contact the experts at Steve Wilk Insurance. Our new office is at 310 S Main Street, Suite C, Lombard, IL 60148.