Do I Need Pool Insurance for a Backyard Pool?

Bel Air Insurance Agent

If you have a pool, or you’re thinking about installing one, it’s a good idea to let your insurance agent or insurance company know. While nothing beats the dog days of summer like relaxing in a backyard pool, pool ownership comes with added responsibility. If the unexpected or tragic happens, do you have the insurance coverage you need to protect you? Whether it’s physical damage to the pool or your own liability, you may want to review your insurance coverage.

The Insurance Information Institute (III) recommends that you make sure your insurance company knows you have a pool, or you’re planning to install one. This goes for both inground pools and above ground pools.

Property Coverage The property portion of your homeowners insurance policy likely extends to your swimming pool; so if a tree falls on it or there is vandalism of your pool, your policy would likely pay for removal of the tree and necessary repairs, after your deductible and up to the limits in your policy. Your insurance agent can help you figure out if you should increase your coverage based on the value of your pool, along with any pool equipment such as the pool deck or water slide.

Liability Coverage You will also want to check with your insurance agency to make sure you have enough liability coverage. According to the Consumer Product Safety Commission, thousands of people go to the emergency room each year for pool-related injuries. If someone is injured while using your pool, you could potentially face major expenses (both medical and legal) as a result. Liability coverage is a standard part of your homeowner’s insurance policy, but because a pool can increase your liability risk, you may want to increase your coverage.

The typical homeowner’s insurance policy provides $100,000 in base liability coverage. The III recommends increasing your liability coverage to $300,000 or $500,000 if you have a backyard pool.

If you have a pool or are thinking about installing one, and want to review your homeowners insurance, call Dean Insurance Agency today at 410-838-3700. We’ll go over your current policy, and make recommended changes. We may also suggest you consider purchasing a Personal Umbrella Policy (PUP). A PUP provides more liability coverage than your homeowners policy – generally up to $1 million. The PUP comes into play after you have exhausted the liability insurance provided by your homeowner’s insurance policy.

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