Swimming pools are among the most valued amenities in a home, providing hours of fun in the sun. Realtors consistently say a pool adds significant value when an owner lists a home.
However, part of owning a pool is obtaining the appropriate homeowner's insurance policy to cover summer-time fun.
Here are some facts to ponder:
- Your Local Codes:
Every municipality has a unique set of codes and regulations when it comes to breaking ground and installing a large quantity of water, concrete and surrounding decorations. It’s imperative to meet all requirements for safety equipment, including fences and locks.
Installing a pool up to code means accounting for safety measures to keep loved ones and friends safe. Although a pool owner may meet all requirements, accidents may still occur that lead to accompanying medical bills or lawsuits.
We simply recommend having a conversation with one of our highly trained agents to consider increasing your coverage to protect your family from legal and financial headaches before they happen.
- Replacement or Repair Costs:
Just as swimming pools come at a significant cost, so do its repairs. Damage from severe weather, a toppled tree or even a car crash can render the pool unusable in seconds. It can also mean damage to pool furniture and even a surrounding deck or patio area.
We can review your policy to make sure your property insurance covers costs in case of damage your pool.
Pools can be a great investment. And one can easily avoid going underwater financially if disaster does strike. We’d be happy to talk through a policy that is both priced correctly and protects if disaster strikes.