Swimming Pools and Homeowners Insurance: What You Need to Know
Swimming Pools and Homeowners Insurance: What You Need to Know
A lot of people really want a swimming pool. But, instead of going out and getting what they want, they worry. They worry about taking care of the pool, about the cost, and about properly insuring it. And, while these worries are valid, life is too short not to have the things you truly want, especially when it’s something that will bring you a lot of joy. If insurance is one of the things that has held you back from purchasing a pool of your own, take a minute to truly educate yourself on how pools affect insurance. You may find that the truth isn’t as bad as you imagined.
Higher Premiums are Probable
When you have a pool, it is very likely that your insurance premiums will go up. This may seem like a big nuisance, but it really just serves to protect you against liability.
Also, consider that you could actually save money by having a pool of your own. If you can stop paying pool membership fees, for example, or take fewer summer vacations, then the higher insurance cost might not make as big of a difference as you think.
You Can Cut Costs
Despite the fact that you may see an increase in your premiums, you don’t necessarily have to pay a fortune. In fact, there are things you can do to keep insurance costs from climbing too high. For one, skip any dangerous additions to your pool, such as diving boards or slides. While they might be fun, they’re also risky, which means you pay more for liability protection.
Enjoy Peace of Mind
Finally, remember that insurance really does serve a purpose, making its cost worthwhile. In addition to liability protection, it protects your pool itself. If your pool were to be damaged as a result of a storm, fire, or other catastrophe, your policy would more than likely protect you. Of course, every policy is different, but almost all of them cover damages such as these.
You deserve a great life! And, if that means having a pool, then go for it! Yes, you may have to pay more in insurance, but if it’s worth it to you, then it’s worth it.