Bounce house insurance is an important purchase for any individual or business renting out inflatable units, such as bouncy castles, slides, and obstacle courses. It is designed to protect the renter in the event of an accident or injury caused by a unit, and it can help pay for medical bills, legal fees, and other costs associated with an accident. Knowing how much bounce house insurance costs is essential for any business renting out inflatables, as it can help ensure they are adequately covered in the event of an accident.
How Much Does Bounce House Insurance Cost?
The cost of bounce house insurance varies depending on a few factors, including the size and number of units being rented out, the type of coverage being purchased, and the provider. Generally, the cost of coverage for a single unit is between $200 and $500 per year, with discounts available for multiple units. Coverage for larger units, such as obstacle courses, may cost more than standard bouncy castles.
It is also important to consider the type of coverage being purchased. Most policies include liability coverage, which pays for medical bills, legal fees, and other costs related to an accident. Some policies also include physical damage coverage, which pays for repairs to the unit in the event of an accident. Physical damage coverage is typically more expensive than liability coverage, but it can be an important purchase for businesses renting out units.
What Does Bounce House Insurance Cover?
Bounce house insurance typically covers the following:
- Liability coverage, which pays for medical bills, legal fees, and other costs associated with an accident caused by the unit.
- Physical damage coverage, which pays for repairs to the unit in the event of an accident.
- Rental interruption coverage, which pays for lost revenue if a unit is damaged and cannot be rented out for a period of time.
Most policies also include some form of personal property coverage, which pays for lost or damaged items belonging to the renter. This type of coverage is typically limited to a certain dollar amount, so it is important to make sure the policy includes enough coverage to protect all of the renter’s property.
What Are the Benefits of Buying Bounce House Insurance?
Buying bounce house insurance is an important purchase for any business renting out inflatables. It provides peace of mind knowing that the business is adequately protected in the event of an accident or injury. It also helps to protect the business from the financial burden of an accident, as the insurance will cover the cost of medical bills, legal fees, and other costs associated with an accident.
Where Can I Buy Bounce House Insurance?
Bounce house insurance can be purchased from most major insurance providers. It is important to compare quotes from multiple providers to ensure the best coverage at the best price. It is also important to make sure the policy includes all of the coverage needed, such as liability, physical damage, rental interruption, and personal property coverage.
Conclusion
Bounce house insurance is an important purchase for any business renting out inflatables. It provides peace of mind knowing that the business is adequately protected in the event of an accident or injury. The cost of coverage varies depending on the size and number of units being rented out, the type of coverage being purchased, and the provider. It is important to compare quotes from multiple providers to ensure the best coverage at the best price.