Business insurance for amusement parks protects your assets in the wake of injury and property damage claims made by third parties. Without the coverage, your company could be on the hook for thousands or even millions of dollars in damages. A customized amusement park insurance plan from XINSURANCE will enable you to mitigate the risk of lawsuits that could jeopardize the viability of your business.

In addition to providing bodily injury and property damage protection up to the limits of the policy, Commercial General Liability (CGL) plans may also cover medical payments as well as personal and advertising injury claims. If a case goes to court, the insurance will pay for the cost of mounting a legal defense.

An amusement park environment sets the stage for a variety of scenarios where liability insurance could play a role in protecting your business. Here are a few examples:

• Ride-related injuries: A child is injured when a ride malfunctions. If it’s determined that park personnel did not perform timely inspections, the business could be deemed negligent and be required to award damages to the injured party. Insurance for family entertainment centers would likely cover the medical bills as well as any settlements or judgments. It would also provide coverage if you failed to post adequate warnings regarding the potential risks posed by a ride.
• Slips and falls: Water parks are particularly vulnerable to premises liability claims. Your business could be held responsible if a guest suffers an injury after slipping and falling on a wet surface. In a worst-case scenario, the family of a drowning victim could sue your business. Amusement park insurance could protect you in these situations.
• Advertising: Physical injuries aren’t the only liability issues that recreation parks face. Suppose you launch an advertising campaign featuring a new logo that closely resembles one used by another park. The owners of the other facility could sue you and your business for logo or trademark infringement. Your liability policy could prevent a substantial financial loss that would cripple your company.
• Communicable Disease Coverage: Offers liability protection, resulting directly from a pandemic, in the event you are named in a lawsuit regarding a customer alleging they were exposed from your operation.

This industry is particularly risky when you consider large crowds of people, mechanical rides, and anything else that draws people to your attraction. We can help a variety of businesses in the amusement and recreation industry that are in need of liability insurance. Below are some examples:

• Amusement Parks and Amusement Rides
• Theme Parks and Theme Park Rides
• Family Fun Centers
• Adventure Parks
• Trampoline Parks and Indoor Trampolines
• Inflatables (Bounce Houses, Inflatable Water Slides, Inflatable Rentals, Inflatable Mechanical Bulls, etc.)
• Special Events
• Water Parks

With XINSURANCE, you will have the customized coverage you need through our all-in-one approach with direct access to underwriting, risk management, and claims management. By reviewing your operations and experience level, we provide customized insurance solutions made to fit the needs of your business. With XINSURANCE, no ride is too big or too fast – no matter the risk or history, we are here to help you.

XINSURANCE offers limits up to $10 million (with higher limits available), accepts occurrence forms, and is available in all 50 states. We can now include product liability in your policy.