Does a Trampoline Affect Homeowners Insurance?

A trampoline is a fun way for kids to pass the time, or for adults to get some exercise. Jumping high, doing tricks and flips, impressing friends, and getting a good workout sums up a trampoline. However, it is important to understand that a trampoline comes with risks, dangers, and responsibilities. For these reasons, owning a trampoline will likely impact a homeowner’s insurance policy. Some companies are okay with it, while others have requirements in order to approve them. In some cases, a company may not even offer coverage, and you’ll be left looking for a new insurer. Insurance policies with trampoline coverage typically include injury and liability coverage in the event something goes terribly wrong.

Why Is Coverage Needed?

An off-balance landing, collision mid-air, or a problem with the trampoline itself can cause serious injury. For this reason, many insurance companies don’t like seeing a house with a trampoline in the back yard. It is possible some companies or policies won’t even offer coverage. Hiding the fact that you have a trampoline, then filing a claim involving it, could very easily lead to denial of payment. That could mean a lot of money out of your pocket.

When a homeowner wants coverage to protect them from liability in the event of an injury, it’s important to be open and honest with the insurance agent. If that trampoline is the hot commodity of the neighborhood, you want good protection in case there’s a problem. You don’t want your neighbor down the street bleeding your bank account dry when their child comes home with a broken bone.

Different Companies, Different Policies

You may find some companies will cover trampolines with no problem. This would mean the policy has no exclusions, and the liability portion of your coverage may help cover some costs involved in an injury case. Same goes for damage of the trampoline if a storm blows through and a tree falls on it. There are some expensive trampolines on the market, and damage to them could be covered in a “no exclusions” policy.

Some insurance companies will only provide coverage of a trampoline if certain safety measures are implemented prior to coverage. This will vary depending on the company, but may include:

  • Net enclosure surrounding the trampoline
  • Specific padding requirements surrounding the trampoline
  • Trampoline size limitations
  • Fenced-in yard where the trampoline is located, with or without a locked gate
  • Proximity limitations, such as distances from other possibly hazardous objects like a pool, patio, steep hills, etc.

In some cases, you may find that a company has a flat-out trampoline exclusion. This would mean that you cannot even elect to have coverage of trampoline related claims, as they simply do not offer it. In this case, you would either want to forego the trampoline, or find a different company which offers coverage.

Don’t Hide It!

Failing to notify your insurance company that you posses or have obtained a trampoline is a very risky maneuver, putting your entire homeowner policy in jeopardy. By the same token, not providing an honest assessment of the trampoline and its location, usage, and implemented safety precautions may result in not only lack of coverage in the event of an injury, but also cancellation of the policy all together. Insurance companies have the right to deny renewal or cancel the entire policy if a homeowner fails to notify them of a trampoline on the property. For this reason, it is very important to alert them, even if you choose not to elect coverage on it (if that is an option). Discussing the trampoline, or plans to acquire one, with your insurance agent ensures the best possible outcome from all angles.

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