Approximately 375 million people visit more than 400 amusement parks in the US every year. As an owner or operator, you probably wear many different hats. From amusement parks and theme parks to trampoline parks or family fun centers; there will be a lot going on and your first concern should be the safety of your guests and employees. With crowds, rides, and some adrenaline, accidents are bound to happen. Wouldn’t it be nice to have fun AND true peace of mind?
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:
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.
With XINSURANCE, you can purchase customized liability insurance coverage that will protect you in all the areas that your homeowners, employers, and business insurance policies won’t or can’t. Our underwriting team brings you over 40 years of experience, along with the ability to offer customized limits, coverage, deductibles, and premiums to create the perfect plan for your personal protection.
The CPSC oversees the regulation of mobile amusement parks. But, it’s up to the individual state or locality to decide who is responsible for inspections of the mobile parks. Several states do not regulate amusement parks at all. (source)
Children represent about one half of those injured by amusement park rides, with kids between ten and 14 years old sustaining the most injuries of any age group — 17.9% of all reported injuries. (source)
At XINSURANCE, we make getting a quote for amusement park business insurance as fast and easy as possible. Start by filling out our online application with information about your business. Our underwriters will then conduct a telephone interview to gather additional information regarding the nature of the risk. After the call, we’ll issue a quote for your review. Once you accept the terms, we’ll issue the policy.
Get started with a free quote for amusement park insurance today!
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