Adding a pool or trampoline to your property can impact your Manor PA & Glendale Arizona homeowners insurance significantly due to the increased risk of injury and liability. Here's what you should know:
When adding a pool, here are some of your insurance implications:
- Higher liability risk - especially to children, meaning you're more likely to be held liable if someone is injured.
- Increased premium - Expect your insurance premiums to go up to reflect the added liability.
- Limits – you may be recommended to increase your limits for liability or add an umbrella policy.
- Safety Requirements – there are also safety requirements to add when adding a pool including fencing, pool covers, alarms or security systems.
When adding a trampoline, here are some of your insurance implications:
- Inclusion - You may need to make sure your carrier will cover your trampoline or if they will cancel your policy.
- Possible Requirements - some other items you may need to add might include netting or enclosures, anchoring & adult supervision.
Make sure to contact OHL Insurance and Financial Services when thinking of adding a trampoline or pool to your homeowners policy and how they may affect your policy.