Many people say they set the bar high in their daily lives. For Ted, he literally sets the bar even higher. And in this case, the bar is a set of telephone lines.
Ted thinks he can fly high, and he attempts to prove that by leaping over some low-slung phone lines in his backyard. Not surprisingly, his Fosbury Flop falls short, knocking over one of the poles and breaking a window on his house.
A call to his insurance agent was not the closing ceremony Ted was looking for.