Does Homeowner’s Insurance Cover my Pool?
Having a pool is a dream for many homeowners. A pool can turn the backyard into a sanctuary during the summer months.
However, as a homeowner, it’s important to recognize the increased liability associated with having such an oasis on your property.
Fortunately, a homeowner’s insurance policy will cover the additional liability resulting from the ownership of a pool.
Typically, when you fill out a homeowner’s insurance application during the purchase of a home, such information will be requested, and your policy will be adjusted accordingly.
However, many homeowners neglect to mention the addition of a pool while a current policy is already in force . But it’s necessary to contact your independent agent or insurer prior to having a pool built.
Every insurance company has different underwriting guidelines, and your home may not qualify after the pool is installed.
At the very minimum, your policy premium will be adjusted (higher) to compensate for the additional liability.
Here are the questions you will be asked when shopping for insurance:
- Is the pool above or below ground?
- Is your yard fenced in? This might be a requirement by ordinance in your town.
- Is your pool fenced in? Some companies may require the yard and pool be fenced in.
- Do you have a pool cover? There are hard plastic covers available for some pools now.
- Is your pool drained in the winter months?
- Do you have a diving board? Some companies allow for pools, but will not cover a diving board.
- Do you want to raise your liability limits? The risk of bodily injury and drowning death both increase with a pool?
Make sure to have answers for the questions above when shopping for homeowner’s insurance. It will help you avoid being denied coverage if a claim results and damages are awarded.
