There are many things you need to know in order to run a successful bounce house rental business. One thing that many first-time business owners are unaware of is the fact that when it comes to a bounce house rental business insurance is a must. Unlike some other businesses where insurance is an option and not a necessity, bounce house rental businesses are required to carry insurance on not only their rental units but also malpractice insurance as well. All of this insurance is designed to protect you, and your client, which is why it is so vital. But where do you find this insurance?
Where to Start
Before you even look to purchase a commercial bounce house it is important that you figure out where you are going to purchase your insurance from. You have a few different options available to you. The first option is to contact your current insurance provider. If you own a vehicle or a home than you are ready have access to an insurance provider. While not all insurance providers offer the type of insurance you will need for your bounce house rental business, there are some that do. If you can bundle the insurance together you will find that you will spend far less money, which is why it is important to make sure you contact your current insurance provider first.
If your current insurance provider does not offer the type of insurance you need for your business than you need to look elsewhere. One option is to look to an insurance company who offers only business insurance. These insurance companies often have great deals and will not only have the type of insurance you need for your coverage, they will also be able to advise you efficiently. They may even know where you can purchase the best commercial bounce house.
You can also look to professional bounce house forums for help as well. Many of these forums have entire areas devoted to finding, and getting, insurance coverage for your bounce house rental business. Remember: it doesn’t matter which insurance company you go through as long as you have high-quality, affordable insurance that will cover your business thoroughly.