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Does A Pool Increase Home Insurance

By Teletalk Desk

Having a backyard swimming pool in your home can be one of the greatest joys of summertime. Unfortunately, having a pool also increases your chances of getting involved in an accident or injury. As a result, it is important to understand how owning and maintaining a pool can affect your home insurance coverage.

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10. Measuring the Impact of a Pool on Your Homeowners Insurance

https://clovered.com/homeowners-insurance-with-pool/
Measuring the Impact of a Pool on Your Homeowners InsuranceHow Much Does Having a Pool Increase Insurance? ... You may pay more for homeowners insurance on a house with a pool than a house without a pool. But, the extent ...

Does owning a swimming pool increase my home insurance rates?

Yes, having a pool can cause an increase in homeowners insurance premiums. This is because pools tend to create more liability risk for insurance companies and therefore require additional coverage.

What type of damage does my home insurance cover for pools?

Generally speaking, your home insurance policy will cover damages caused by weather conditions (such as extreme winds or hail) and other covered incidents (fire, theft, vandalism). However, it typically won't cover any repairs due to normal wear and tear of the pool itself.

Are there any additional steps I need to take when insuring a pool?

Yes, it’s recommended that you purchase additional liability coverage to protect yourself against potential lawsuits resulting from guests being injured at your property. You should also consider adding separate coverage for the structure itself if it isn’t already included in your policy.

Can I get discounts on my rate if I install safety features around my pool?

Yes, many insurers will offer discounts for installing safety features around your pool such as fencing or covers. Installing these features can help reduce accidental drownings which could result in costly medical bills down the line.

Does having lifeguards count towards reducing my premiums on my home insurance?

No, lifeguards are not typically considered when calculating an individual's premium rates on their home insurance policy. Having lifeguards on-site may help reduce certain liability risks but must be discussed with an agent when inquiring about specific coverage options/deductibles/rates etc.

Conclusion:
Having a swimming pool on your property is great fun but comes with greater responsibility when it comes time to insure it properly. By understanding what types of damages and liabilities are covered by your homeowner's policy and taking measures like installing safety features around the property you can ensure that you are fully protected against any unexpected accidents or injuries related to having a backyard pool.

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