Why carriers are wary
Trampoline injuries, especially to children, can be serious, and the homeowner’s liability coverage is what responds when a neighbor’s child is hurt. Rather than price that risk, many carriers simply choose not to write homes with trampolines.
The real cost: fewer carriers
When several carriers decline your home, you lose access to their pricing. The carriers that remain may be fine, but they may not be the most competitive. That is how a trampoline ends up costing you money even when no one adds a surcharge.
A trampoline is also one of the features that stack up to make a home harder to insure. See home insurance difficulty levels in NJ.
If you want to keep the trampoline
- Disclose it. An undisclosed trampoline can create serious problems after a claim.
- Use safety netting and padding, and keep it in good repair.
- Fence the yard with a locking gate, so neighborhood kids can’t use it unsupervised.
- Consider an umbrella policy for higher liability limits.
- Let us shop it. Some carriers accept trampolines with conditions, and we know which ones.