Bouncy castles are a lot of fun, but the laughter can turn to tears. Bouncy castle insurance is a must-have to protect you from claims for compensation for injuries. It also offers financial reassurance for other claims for damage to property and for theft.
Every year there are around 10,000 injuries reported as a result of bouncing on an inflatable. Unfortunately, these can be very serious. In June, two fairground workers were charged with gross negligence manslaughter following the death of a girl in Essex in 2016. A gust of wind had blown the bouncy castle she was playing on around 150m and she died from multiple injuries sustained.
Do you have a bouncy castle you hire out to the public or are you organising an event where you’ll have a bouncy castle? If so, read on for our 13 quick tips about bouncy castle insurance.
1) Public liability insurance is a must for bouncy castle operators
Anything involving jumping around has the potential for causing injury. Unfortunately, these injuries can be serious and result in you being sued. If you hire out a bouncy castle, public liability insurance is a must. It covers your legal costs if a claim is brought against you for any damage to property or injury to persons caused by something to do with your business. Also, make sure you have enough cover to protect your business – a minimum of £2million is recommended.
2) Public liability insurance if you’re organising an event with a bouncy castle
If you’re organising an event that will feature a bouncy castle, you may need public liability insurance. If you are considered responsible for everyone using the inflatable and something does go wrong, you could find yourself liable. Check with the person you’re hiring your bouncy castle from to see if their insurance covers you for any injuries sustained. If you’re not sure, speak to an insurance broker like Park Insurance. It’s better to be safe than sorry.
3) Personal liability insurance if you’re having a party at home with a bouncy castle
Public liability insurance is the commercial version of personal liability insurance. If you’re hiring a bouncy castle for a party at home and inviting guests, you can be held liable if one of them injures themselves. For example, normally there is a limit to the number of children who can use the bouncy castle at any one time. If this is exceeded and an accident occurs, you could find yourself being sued. Personal liability insurance eliminates this financial risk. It may already be part of your home insurance policy, so speak to your insurance broker.
4) Don’t shirk on your legal obligation to hold employer’s liability insurance
If you employ any members of staff for your bouncy castle business, even if they only work part-time, you are legally obliged to hold employer’s liability insurance. Failure to do so can result in stiff fines and cost your business big.
5) Cover lost revenue with event cancellation insurance
If the event you’re planning to attend is cancelled, event cancellation insurance can cover you for expenses or lost revenue.
6) Protect yourself from times when you can’t work with business interruption insurance
Summer is your busiest time. But what if your bouncy castle is damaged or you are unwell and you’re unable to work during these lucrative months? Business interruption insurance covers you for your lost potential income and gives you peace of mind.
7) Next, don’t let thieves stop you working
If your inflatable is stolen you won’t be able to trade. Insurance also lets you replace stolen equipment quickly so you can get back to business.
8) Don’t let damage stop your business
Damage to your bouncy castle can be deliberate or accidental. For example, if a child gets on with shoes on and the buckle causes a tear. Protect yourself from the financial cost of repair or replacement with insurance.
9) Use a specialist bouncy castle insurer to be sure of a good deal
Bouncy castle insurance is specialist and can be tricky to find on the high street. Be sure that you’re getting the level of cover you need (with no nasty surprises in the small print) by using a specialist insurance provider with good experience in the industry. They can help you to identify any areas of cover you might need and will make sure you have adequate protection.
10) Tailor-make insurance to get the best price
If you have one bouncy castle that you hire out at weekends your insurance needs will be very different to anyone with a large national bouncy castle business. Make sure your insurance policy is tailored to your personal needs. That way you will get the financial peace of mind you need, and you won’t pay for insurance cover that isn’t relevant to your business.
11) Stay claim free
The best way to keep insurance costs down is to pay strict attention to safety. This includes regular maintenance and inspection of your equipment so it is fit for use. Another thing to think about is how safe the conditions are. For example, never operate your inflatable in adverse weather such as high winds.
12) Shop around for cheap bouncy castle insurance
Next, take some time to shop around. Just like car or home insurance, the cost of bouncy castle insurance varies between different providers. To be sure you’re getting the best price, shop around by contacting as many different insurance providers as you can.
13) Call Park Insurance for great value bouncy castle insurance
If you don’t have time to shop around, or are not sure where to go or what to ask for, get in touch with our bouncy castle insurance specialist team at Park Insurance. We’re an independent insurance broker with many years of experience finding great value bouncy castle insurance. Call us on 0117 9556835 or get a quote.