Leavitt Stands by Jumping Pillow Coverage
Leavitt Recreation & Hospitality Insurance (LRHI) announced it will continue to provide policies without a “jumping pillow” exclusion.
This commitment comes after a major insurance carrier in the RV park and campground industry recently communicated that “jumping pillows” will be excluded on their renewal policy, through conditional renewal, due to a high incidence of claims coupled with some severe claims, according to a news release.
LRHI has access to other insurance companies who are not including the exclusion.
“As the market continues to tighten, we expect to see other carriers restricting coverage, increasing premiums or tightening underwriting requirements,” said Chris Hipple, vice president of LRHI.
LRHI has specialized in the RV park and campground industry for over 25 years and will continue to work with carriers to ensure stable and high quality insurance solutions.
LRHI is affiliated with the Leavitt Group, an organization of independent insurance agencies with 115 offices across the United States. Clients look to the Leavitt Group for property and casualty risk management, employee benefits solutions, and individual insurance policies. Clients also benefit from the consultative approach to risk management found within the culture of each office and the unique flexibility that comes with local, on-the-ground agency owners.