Trampoline Park Insurance Canada
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Trampoline park insurance canada. Because the trampoline park industry is always changing we continue to search insurance carriers for new and innovative ways to insure trampoline parks. Owners of jump 360 say insurance rates quadruple what we were paying and higher employee wages have made it too costly for them to continue operating. Although there are currently no canadian regulations regarding trampolines health canada is monitoring their use.
Gina bennett vice president of markel canada s western region told canadian underwriter thursday that there are few markets to approach for trampoline risks as most sports insurance carriers. The most serious liability exposure you have is when an accident occurs and someone gets hurt. Red deer s indoor trampoline park has closed its doors.
As an owner of a trampoline park you have a lot money and time invested into your facility. If there is evidence of a safety related problem with a specific make of trampoline such as a flaw in design or construction health canada will take appropriate action to ensure that the health and safety of canadians is protected. Insurance costs may drive the pay for play warehouses out of business.
Cossio insurance agency can get you the proper coverage for your trampoline park. Call sadler sports recreation insurance at 800 622 7370. This is why trampoline park insurance is so essential for indoor trampoline centers.
Many incidents and injuries are minor but when serious injuries do occur trampoline park owners need the best trampoline park insurance in canada to protect their organization. Posted at 12 53h in eib direct classes by rick j lindsey. Canada operates primarily under a common law system with the exception of quebec which operates using civil law.
We are an independent insurance agency that represents several insurance companies that write trampoline parks so we are not limited to just one company. News from alberta canada. Typically trampoline park operators must provide a current and valid certificate of insurance evidencing general liability with an each occurrence limit of at least 1 million with a carrier that has an a m.
Since we are brokers we are able to shop around to find you the best price even find coverage for your trampoline center if it has other activities as well. As a result trampoline park owners owe a duty of care to their customers.