The summer heat can be brutal. Keeping your home cool all summer while you and your children are in the house more than any other time of the year can also be expensive. Instead of staying in the house and driving up your energy costs, taking your kids swimming on hot days could be a better option. While you might think having a pool in your backyard is preferable to swimming at the public pool, it’s important to talk to your Home Insurance Agency about how installing a pool can affect your premiums.
Although a swimming pool is a luxury, having one drastically increases your insurance risk. If a neighbor gets hurt while swimming in your pool or running along the side, whether you invited them over or not, you will be liable for their medical expenses. There are some ways you may be able to decrease your liability risk. Install a locked fence around your pool to discourage hot kids from taking a dip when you aren’t home. Covering your swimming pool while it isn’t in use can also make your yard safer.
Another thing to consider is the investment you’ll make in outdoor furniture. While your basic home insurance policy might not cover your swimming pool, it will cover your furniture and supplies you use for the pool and for outdoor entertaining around it. If, after consulting your Home Insurance Agency, you decide to install the pool, be sure to increase the personal belongings portion of your insurance to reflect the value of your investments.
Having the right amount of home insurance is vital if you want to be protected in case of a severe storm or the injury of someone else on your property. Visit Sitename to learn about how you can make the most of your policy and protect the things that are important to you. Adding a pool to your home represents a significant investment and will likely cause your insurance premium to increase. Work closely with your agent to ensure you are covered in the event of an accident or storm to minimize your losses. You can also like them on Twitter.