If you plan to purchase a pool, it’s a good idea to know what kind of insurance you’ll need.
From Kiddy pools to extravagant in-ground aquatic wonderlands, all
pose threats to lives and property and must be insured to ensure you’re
not caught off guard. According to the CDC, over 3,200 people drown each
year. And among children aged 1-4, most drowned in residential areas
and had been out of sight for less than 5 minutes and were in the care
of both parents at the time. When it comes to your pool—no matter the
size—you should know what kind of insurance you need to protect yourself
and your property.
Call Your Insurance Agent
Let your insurance company know that you have a pool, since it will
increase your liability risk. Pools are known as an “attractive
nuisance” because they’re things that are attractive for nearly everyone
and everyone wants one, but can be and are extremely dangerous. Pool
owners may want to bump their average homeowners insurance liability
from $100,000 to $300,000-$500,000.
Umbrella insurance policies are also an extra option that you may
want to consider. It covers you for those things that aren’t covered by
your homeowners insurance, and are only about $200-$300 more a year.
You’ll get $1 million in liability protection—which could come in handy
if a you’re dealt a major lawsuit.
If this pool is expensive, or an in-ground extravaganza, you should
have enough coverage to replace it in the event it is destroyed by a
storm or some other natural disaster.
For all of your insurance coverage needs to keep your pool safe this summer, contact
Bill Quickel's - Insurance Plus Agencies Inc. 114 Court Street, Pomeroy, Ohio 45769
We will work with you to ensure you have the
coverage that you deserve, all at the right price to fit your budget.