Anyone bought a trampoline, put it up and later hold an insurance company constraint you filch it down or drop you?
Insurance company has demanded trampoline come down. Saftety nets, full-grown supervisor followed to a "T". Spent good amount of $$$ on it! Been up for less than a year. Under warranty. Anyone hold any suggestions?
Answers:
YES. Trampolines and pools are HUGE liabilities. Are you going to bear it apart every night and lock it up? No. I didn't think so. Anyone can sneak through the sanctuary net and get hurt. If someone get hurt or injured on your property they can sue you.
If someone drowns in your pool or breaks their neck on your trampoline they or their household can sue you for everything!
Is losing your home to a lawsuit really worth it?
P.S.--Call around and find another insurance company that allows them and be sure to increase your liability to $1,000,000. You'll definately want that protection. Source(s): Insurance sales - 3 years (and licensed)
I understand your frustration. I'm surprised they didn't simply raise your rates as they would if it be a pool. A pool must be surrounded by a fence so many foot high. Maybe you should ask if a trampoline is the same? If you lift reasonable precautions to keep family out of your yard, for example a fence and no trespassing signs posted on the paling, most insurance companies will insure pools, ponds, trampolines, built in oversized swing sets, etc. But again, they may raise your rates because of the added liability. You should clutch this time to call around and get rate quotes for comparable policies from other companies to see if probably you need a new homeowner's insurance agent. If you don't want to transmutation agents, you have no other choice but to argue the point with them or contribute in and take it down (and I don`t know sell it to recoup some of the money lost on the purchase).
**add**
If you choose to simply put it support up without the insurance company's knowledge and afterwards something happens to someone while playing on the trampoline, the insurance company will not only drop you but you will not be covered by the policy you hold, so you will also probably lose your house and any other assets you might have to cover the costs of the lawsuit that person will surely profile against you (for the medical expenses, pain and suffering, etc. etc., etc.)
Yep, it happens ALL THE TIME. Trampolines are the second largest claims source on a homeowners policy.
I don't know of ANY insurance company that will administer you coverage, if you have one. Source(s): agent, 21+ years
yes, most companies will not insure property with a trampoline. I own 1 company that will let the insured sign an exclusion if they have one. There are approach too many injuries and claims from them. if you decide to move coverage due to this, gross sure you tell the next company going on for it because if you don't and have an injury they will NOT cover you. Source(s): Agent
Yep.
Get rid of the trampoline.
They are accidents just waiting to occur. It's not "if" an accident will happen....it's when.
Even near safe use ...they are dangerous. Many insurance companies will not insure homes that hold them.
I've seen claims with broken arms/legs (repaired beside pins/plates), broken teeth/jaw.
All the safety nets are not going to hold you from taking a bad bounce and landing wrong and breaking something.
If a child from another home comes over and jumps on the trampoline and get hurt---- you can be sued. You will be responsible for medical bills (which can be a lot) - pain and suffering and any impairment that results. Do you really want to jeopardize your financial future on a toy?
Take this how ever you want.....I'm an insurance adjuster. And after every entity I have seen on trampoline claims...I would NEVER enjoy one. Source(s): Insurance Adjuster 12 years
yea.
but we put it back up after they departed :)
Related Questions:
Answers:
YES. Trampolines and pools are HUGE liabilities. Are you going to bear it apart every night and lock it up? No. I didn't think so. Anyone can sneak through the sanctuary net and get hurt. If someone get hurt or injured on your property they can sue you.
If someone drowns in your pool or breaks their neck on your trampoline they or their household can sue you for everything!
Is losing your home to a lawsuit really worth it?
P.S.--Call around and find another insurance company that allows them and be sure to increase your liability to $1,000,000. You'll definately want that protection. Source(s): Insurance sales - 3 years (and licensed)
I understand your frustration. I'm surprised they didn't simply raise your rates as they would if it be a pool. A pool must be surrounded by a fence so many foot high. Maybe you should ask if a trampoline is the same? If you lift reasonable precautions to keep family out of your yard, for example a fence and no trespassing signs posted on the paling, most insurance companies will insure pools, ponds, trampolines, built in oversized swing sets, etc. But again, they may raise your rates because of the added liability. You should clutch this time to call around and get rate quotes for comparable policies from other companies to see if probably you need a new homeowner's insurance agent. If you don't want to transmutation agents, you have no other choice but to argue the point with them or contribute in and take it down (and I don`t know sell it to recoup some of the money lost on the purchase).
**add**
If you choose to simply put it support up without the insurance company's knowledge and afterwards something happens to someone while playing on the trampoline, the insurance company will not only drop you but you will not be covered by the policy you hold, so you will also probably lose your house and any other assets you might have to cover the costs of the lawsuit that person will surely profile against you (for the medical expenses, pain and suffering, etc. etc., etc.)
Yep, it happens ALL THE TIME. Trampolines are the second largest claims source on a homeowners policy.
I don't know of ANY insurance company that will administer you coverage, if you have one. Source(s): agent, 21+ years
yes, most companies will not insure property with a trampoline. I own 1 company that will let the insured sign an exclusion if they have one. There are approach too many injuries and claims from them. if you decide to move coverage due to this, gross sure you tell the next company going on for it because if you don't and have an injury they will NOT cover you. Source(s): Agent
Yep.
Get rid of the trampoline.
They are accidents just waiting to occur. It's not "if" an accident will happen....it's when.
Even near safe use ...they are dangerous. Many insurance companies will not insure homes that hold them.
I've seen claims with broken arms/legs (repaired beside pins/plates), broken teeth/jaw.
All the safety nets are not going to hold you from taking a bad bounce and landing wrong and breaking something.
If a child from another home comes over and jumps on the trampoline and get hurt---- you can be sued. You will be responsible for medical bills (which can be a lot) - pain and suffering and any impairment that results. Do you really want to jeopardize your financial future on a toy?
Take this how ever you want.....I'm an insurance adjuster. And after every entity I have seen on trampoline claims...I would NEVER enjoy one. Source(s): Insurance Adjuster 12 years
yea.
but we put it back up after they departed :)
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