Jane Dotson
Trampolines are a fun addition to any backyard, but they can also be dangerous. In 2023, there were over 111,000 trampoline-related injuries in the US, with children under 15 accounting for 90% of these incidents. This raises the question: does having a trampoline affect your homeowners insurance? The answer is yes, and State Farm is no exception. While State Farm's standard home insurance doesn't cover trampolines, you can add coverage through a dwelling extension for an additional cost, which varies by state. This additional coverage ensures protection against liability and damage.
| Characteristics | Values |
|---|---|
| Insurers' approach to trampoline coverage | No exclusions; strict "no-trampolines" rule; trampolines allowed with precautions |
| State Farm's standard policy coverage | Does not cover trampolines |
| State Farm's coverage options | Dwelling extension for an additional cost; comprehensive policy; injury liability coverage; trampoline damage protection |
| State Farm's monthly rates for trampoline coverage | Alabama: $12; Florida: $22; Arizona and Illinois: $10 and $11 respectively |
| Trampoline safety recommendations | Use of safety pads and nets; adult supervision; installation at ground level; no risky moves |
| Trampoline-related injuries in 2023 | More than 111,000, with children under 15 accounting for nearly 90% of incidents |
| Impact on insurance premiums | Increase of approximately 10% or more, depending on factors such as size, safety measures, and state regulations |
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What You'll Learn
Trampolines are considered high-risk
Trampolines are a source of fun and exercise for many children and families. However, they are also associated with a significant risk of injury, particularly among children. According to the Consumer Product Safety Commission, there were over 300,000 trampoline-related injuries in 2018, with 90% of these involving children. The American Academy of Pediatrics has long advised against having trampolines at home.
Due to the high risk of injury, insurance companies often view trampolines as high-risk items. As a result, having a trampoline on your property can impact your home insurance rates. Some insurance providers may refuse to cover homes with trampolines altogether, while others may charge higher premiums to account for the added liability. Certain companies may even cancel or refuse to renew policies for customers who own trampolines.
State Farm, for example, does not include trampoline coverage in its standard home insurance policy. However, State Farm customers can add trampoline coverage through a dwelling extension for an additional cost. The cost of this extension varies by state, with Alabama homeowners paying $12 per month and Florida residents paying $22 per month.
If your insurance company does allow trampolines, it's important to understand the conditions and limitations. Some companies may require safety measures such as nets, padding, or limiting the number of jumpers. It's also crucial to disclose the presence of a trampoline to your insurance provider. Failure to do so could void your coverage, not just for trampoline-related incidents but also for other types of claims.
To ensure adequate coverage, it's recommended to consult with your insurance agent and carefully review your policy to understand what is and isn't covered. By taking the necessary precautions and securing the appropriate insurance, trampoline owners can help protect themselves financially in the event of an accident.
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State Farm's standard policy doesn't cover trampolines
Trampolines are a lot of fun, but they can also be dangerous. According to the Consumer Product Safety Commission, Americans experienced over 300,000 trampoline-related injuries in 2018, with at least 90% of these injuries occurring in children. This is why trampoline ownership can impact your home insurance rates.
State Farm's standard home insurance doesn't cover trampolines, but you can add coverage with a dwelling extension for an additional cost. This additional coverage ensures protection against liability and damage. The comprehensive policy costs $20 per month with a $1,000 deductible and $50,000 in coverage, protecting against damage, liability, and theft. Injury liability coverage is available for $15 per month, with a $1,000 deductible and a $100,000 limit. Trampoline damage protection, priced at $12 per month, with a $500 deductible and a $10,000 limit, covers physical damage caused by accidents.
State Farm's coverage options vary depending on the state and the individual policy. For example, Alabama homeowners pay $12 per month, while those in Florida pay $22 per month. Other states like Arizona and Illinois have lower rates, starting at $10 and $11 per month, respectively. It is important to contact your State Farm agent to understand their specific guidelines and any safety requirements they may have.
If you own a trampoline, it is essential to have the proper insurance coverage. Without insurance, you could be financially responsible for another person getting hurt on your trampoline, even if you did not give them permission to use it. Trampolines are considered an "attractive nuisance," meaning they are objects on your property that might draw a child's interest but pose a risk to their well-being.
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Additional coverage is available at a cost
Trampolines are considered a high-risk item by insurance companies, and they can impact your home insurance rates. Some insurance companies refuse to cover trampolines at all, while others will only do so with certain safety measures in place, such as enclosures or nets.
State Farm's standard home insurance does not cover trampolines, but you can add coverage with a dwelling extension for an additional cost. This additional coverage ensures protection against liability and damage. The cost of this coverage varies depending on the state, with Alabama homeowners paying $12 per month and Florida residents paying $22 per month. Other states like Arizona and Illinois have lower rates, starting at $10 and $11 per month, respectively.
State Farm offers a comprehensive policy for $20 per month with a $1,000 deductible and $50,000 in coverage, protecting against damage, liability, and theft. There is also an injury liability coverage option for $15 per month, with a $1,000 deductible and a $100,000 limit. Trampoline damage protection, priced at $12 per month with a $500 deductible and a $10,000 limit, covers physical damage caused by accidents.
If you want to avoid affecting your home insurance policy but still want coverage for your trampoline, you may want to consider a personal umbrella policy. This likely won't cover damage to the trampoline itself but may cover costs related to injuries caused by the trampoline. It's important to note that not disclosing the presence of a trampoline on your property to your insurance company can have several risks and may void your coverage.
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Trampoline safety measures can reduce insurance costs
Trampolines are a source of fun and exercise for many, but they can also be dangerous. Trampolines caused over 100,000 injuries in 2023, with children under 15 accounting for nearly 90% of these incidents. Due to safety concerns, having a trampoline can increase your homeowners insurance premiums.
However, implementing safety measures can help reduce the risk of injuries and, consequently, lower your insurance costs. Here are some safety precautions you can take:
- Supervision and Safety Guidelines: Active adult supervision is crucial when children are using a trampoline. Enforce safety guidelines, such as prohibiting risky moves like flips and somersaults, which can lead to severe injuries.
- Safety Pads and Nets: Install safety pads and nets around the trampoline to provide a protective barrier. Ensure these are in good condition and regularly inspected, replacing them as needed.
- Limit Jumpers and Single Jumper: Limit the number of people on the trampoline at once, and enforce a "one jumper" rule if necessary, as stipulated by some insurance companies.
- Ground Level: Set the trampoline at ground level or on a level surface cleared of surrounding hazards. Avoid placing it over concrete or other hard surfaces.
- Age Limits: Trampolines are not safe for young children under the age of 6. Ensure older children understand the safety guidelines and supervise their use.
- Installation and Maintenance: Follow the manufacturer's instructions for proper installation and periodically inspect all parts for any faults or wear and tear. Replace faulty parts immediately, as they can increase the risk of injury.
- Safety Certifications: Look for safety certifications when purchasing a trampoline. Reputable organizations, such as the American Society for Testing and Materials (ASTM), offer safety standards for trampoline designs and performance.
- Insurance Coverage: Consult with your insurance provider to disclose the presence of a trampoline and understand their specific safety requirements. Some companies may offer lower premiums if certain safety conditions are met.
By implementing these safety measures, you can reduce the risk of injuries associated with trampoline use, which can, in turn, help lower your homeowners insurance costs. Remember to review your insurance policy and discuss any necessary endorsements or riders to ensure adequate coverage.
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Non-disclosure of a trampoline can void coverage
Trampolines are considered a high-risk item by insurance companies due to the high number of injuries they cause each year. In 2018, there were over 300,000 trampoline-related injuries in the US, with 90% of these affecting children. As a result, insurance companies often view trampolines as an added liability and may increase your premiums to cover this risk.
State Farm's standard home insurance does not cover trampolines, but homeowners can add coverage through a dwelling extension for an additional cost, ensuring protection against liability and damage. The cost of this extension varies by state, with Alabama homeowners paying $12 per month and Florida residents paying $22 per month.
Some insurance companies have a strict "no-trampolines" rule and will not cover any claims related to trampoline accidents. Others may allow trampolines but require safety measures to be in place, such as enclosures or nets. It is important to carefully read your policy to understand what is and isn't covered and to consult with your insurance agent to make an informed decision.
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Frequently asked questions
Yes, having a trampoline on your property is likely to increase your insurance premiums due to the increased risk of injuries and liability claims.
State Farm's standard home insurance does not cover trampolines, but you can add coverage through a dwelling extension for an additional cost.
The increase in insurance premiums depends on factors such as the size of the trampoline, safety measures in place, and state regulations.
Safety measures such as installing protective padding, nets, and enclosures can help reduce the risk of injuries. Supervision of children using the trampoline is also important to prevent accidents.
It is important to contact your insurance provider directly to understand their specific guidelines and any safety requirements they may have. Each company has its own rules and regulations, so reading the fine print is essential before making any decisions.
