Whether you are looking for a new home or considering making upgrades to your current one, a pool is probably high on your wish list. The Florida heat is easier to beat with a private pool, after all. Before deciding to build a pool or purchase a home that already has one built , it’s important to talk to your insurance agent and see how this addition could affect your homeowners policy. We've got a few things you'll want to keep in mind when considering a swimming pool and your Florida homeowners policy.
Consider the liability
Pools can be a huge liability risk for homeowners. Especially if you plan on hosting pool parties or having guests over to swim. Even if you have unwanted guests trespass onto your property and use your pool, you could be liable for any injuries that they sustain.
Luckily, we live in Florida. It’s rare to go into a neighborhood and find a home without a pool. An estimated two-thirds of single-family homes have pools in the state of Florida. That being said, it is much more affordable to insure a house with a pool in Florida than it would be in Michigan.
Safety for children should be a priority
Drowning is an unfortunate risk that is associated with swimming pools. To make sure children are safe, install a screen fence around the perimeter of the pool. It might not be able to keep children out of the pool, but it is a safety precaution worth having. Making sure your pool isn’t visible from the street is a good way to prevent unwanted guests, including children.
One of the top things an insurance agent looks for when evaluating a pool is the safety measure taken for children. Pools are considered an “attractive nuisance. ” An attractive nuisance is anything that might attract a child and pose a danger to the unsupervised child.
Not all pools are the same
Considering adding a diving board or slide to your pool? That might drive up your premium. Diving boards and slides, though fun, can increase the risk of injury and result in higher rates. If you are considering an above ground pool, they are typically lower in rates than homes with in-ground pools. They are often considered personal property due to the fact that they can be broken down and moved, they are usually much less costly to replace if they are damaged.
Although there are a lot of risks associated with swimming pools, they can be a great source of fun for families. If you want to learn more about homeowners insurance in Kissimmee or have questions about your current policy, reach out to us! Harrell Agency Services is happy to be your go-to insurance agent in Central Florida.