Amusement ride owners or operators are required to post a surety bond. The amount of the bond must be at least $1 million. Governor John Bel Edwards signed House Bill 1133 into effect on August 1, 2016, so it is mandatory to get a bond as soon as possible.
Owners and operators need a bond or insurance policy for a mechanical amusement ride and air supported structures. Non-mechanical structures may also require a bond, but if the attraction is inflatable the amount of the bond only needs to be at least $300,000. It is important to read all rules and regulations provided by the Louisiana Office of State Fire Marshal to get a bond in the correct amount. For a complete list of amusement rides that require a surety bond and all exceptions, refer to the Regulations of Amusement Attractions and Rides.
In addition to a bond, there are a number of licensing requirements owners and operators must meet to ensure they are providing a safe and fun environment. Applicants must submit the following:
- CARES amusement ride permit application
- Amusement ride inspection verification
- All fees and licensing payments
Licenses are valid for one year, so it is mandatory to stay on top of renewing your license and bond annually. For any questions about general licensing requirements contact the Louisiana Office of State Fire Marshals. If you are ready to get your bond and would like to request a free quote, contact our experts at SuretyBonds.com.