Bounce House Prices Going Up
- Dan
- Jan 27, 2018
- 1 min read
Effective today we've adjusted all rental prices. I think we are still very competitive and it wouldn't shock me one bit if our competitors follow suit with price increases.
Why are we raising prices? Insurance coverage for inflatables is skyrocketing in price, it's gone up modestly every year since we started (couple hundred dollars per year) with no claims and about the same exposure, and this year it jumped 59% higher over last years cost. Since we started 4 years ago it's gone up 270%!!!
This is very much like how everyone's homeowners insurance has jumped in the Huntsville area due to the tornadoes from 2011/2012 whether you had a claim or not.
In light of the high insurance costs we had a tough choice to either raise prices or close the business, if the trend continues I'm not sure how many more years we will be doing this frankly, but for now I think a modest price increase will keep us going.
Thank you for your continued business and understanding.
#MagicCombo10 #summer #Huntsville #hamptoncoveal #decaturalabama #Elkmont #newmarketal #gurleyal #Owenscrossroadsal #bouncehouse #MeridianvilleAL #Toddlers #HarvestAL #inflatable #slide #huntsville #MadisonAL #hamptoncove #bouncehouseal #family #birthday #party #kids #parties #NorthAlabama #bouncehouse #RedstoneArsenal #moonbounce #waterslide #MadisonCountyAL #ToneyAL #AthensAL #decatural #Fun #commercial #Ardmore #HuntsvilleAL #HazelgreenAL #pricing
Comments