Are you considering purchasing a pool? Don't forget about insurance—it's much more than a mere formality; it's a lifeline when needed.
Your homeowner's insurance policy covers more than just the building and your personal belongings: it also includes the fence, shed, and garage... But what about pools?
If you already own a pool or plan to acquire one, it is essential to verify whether you are adequately covered for the risks associated with its ownership and any potential damages it may incur.
How to Determine if Your Pool is Insured?
Review your insurance policy and discuss it with your insurance broker to confirm whether you have this protection.
A pool significantly increases your risk of claims. Pools are considered high-risk installations, often attracting children despite their danger. Most insurers require certain safety measures, such as a fence of a specified height or safety equipment around the pool.
How to Insure Your Pool Against Damages?
Each policy is different, so read your contract carefully and verify the exact nature of your coverage with your broker. You may need to add a coverage to specifically cover the pool and its equipment.
Your pool is generally covered for risks such as fire, falling objects, vandalism, and wind damage. However, damage caused by freezing is usually not covered unless you have specific protection for your pool.
For any questions about your coverage or to consider adjustments, contact your insurance broker.
