Own a Trampoline? Expect To Get Bounced From Your Home Insurance Policy
Why Home Insurance Companies Don't Like Your Trampoline
It's no surprise that your kids and your neighbors kids love trampolines. And therein lies the issue. Over a ten year period there are on average $1 Billion in medical bills associated with trampoline related injuries. That number represents over 1 million injuries. (with an average age of 9.5 years old for injuries with a fracture)
If it is your kid going to the ER, the bill goes to your health insurance.
If it is your neighbor's kid, it will likely go to your homeowners insurance.
And that is why home insurance companies avoid trampolines.
What Does Your Home Insurance Company Say
Home insurance companies treat trampolines in one of three ways:
- Will not insure a home with a trampoline
- Will insure a home with a trampoline, but exclude coverage on the trampoline
- Will insure a home with a trampoline if it has a safety net
Know which bucket your home insurance company falls in. There are sometimes further requirements, such as placing the trampoline over sand or wood chips to cushion a fall.
As my mom said, only allow one jumper at a time. According to the American Academy of Pediatrics, 75% of trampoline injuries are caused by multiple people jumping on the trampoline at the same time.
They also say no child under age 6 should be allowed on a trampoline.
Poor Construction and Owner Neglect
A trampoline is not an item you should skimp on. Buy a high-quality one with a strong net. Pads that cover the springs, hooks, and frame are useful to at least avoid minor scrapes, but not if you don’t change them periodically. Keep in mind that the life expectancy of a trampoline is only 5-6 years. Low-quality trampolines may only last two years. The older they get, the more dangerous they are.
At What Cost?
Insurance companies hate liability claims involving personal injury. If you do have a liability claim in the last 5 years, expect your insurance to go up (sometimes over 50%). You also risk being dropped by your insurance company. Have more than one claim and you may find it hard to find a company to provide insurance at all. Each homeowner has to decide if the benefits of trampoline exercise are worth the risk. Before you buy a trampoline, ask your insurance company if there are special requirements and how it will be covered.
Affordable Insurance or Good Health?
Some decisions are not about money – they are about safety. Certainly, if you have children under age six in the household, it is not recommended you buy a trampoline. Even if you don’t have children, that bouncy fun may be too attractive for neighborhood children to resist. Although it’s not as convenient to visit a trampoline park instead, it’s safer and costs less. If you absolutely insist on having a trampoline in your backyard, buy the best one you can find. Remember to install safety features like a net and pads. Then bounce your way to a healthier life!
At your service,