GBAIX Moonwalks and Party Rentals, LLC

Posts Tagged ‘Amusement Insurance’

In the state of Texas, amusement companies are required to have a minimum of $1,000,000 in liability insurance to operate in Texas.  Most companies have made a business decision not to get the required liability insurance.  Generally insurance is one of the biggest expenses in this industry.  You may be asking yourself, “how does this affect me?”  Well if a participant was to get hurt participating on products from an unisured company, your ability to recover damages may be limited to the personal and business assets of that business owner if it is proven that the company was negligent.  If the company’s assets does not fully cover the damages, then the participant or the participants parents may have pay medical costs.  Our goal in writing this article is not to pass judgement on those that have chosen not to follow the law, but to educate consumers.

GBAIX Moonwalks and Party Rentals, LLC
http://gbaix.com