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How a Pool Affects Your Home Insurance Blairsville GA

The first thing you have to do is check your existing homeowner policy. Does it make any mention of pools or coverage for pools? It may even be listed among the exclusions on the policy, which means you definitely need additional coverage. Usually, your pool will be covered under other structures. Do you have coverage for other structures?

Allstate Insurance Companies
(706) 781-3277
1034 Young Harris Highway Suite B
Blairsville, GA
 
Callaway Mike Insurance
(706) 745-7000
233 Highway 515
Blairsville, GA
 
Allstate Insurance Mel C. Clemmons
(770) 977-8334
2692 Sandy Plains Rd Ne Ste 1600
Marietta, GA
 
Norman Williams Iii Agency
(770) 343-9464
4015 Nine Mcfarland Dr
Alpharetta, GA
 
Wilson Insurance Agency
(229) 888-9605
2218 Palmyra Road
Albany, GA
 
Cotton States Insurance
(706) 745-8410
357 Murphy Highway
Blairsville, GA
 
Freeman And Griffin Insurance
(770) 534-2916
929 Washington Street West
Gainesville, GA
 
The Heritage Agency
(770) 786-9213
6141 Newton Drive Northeast
Covington, GA
 
Anthony Knight Agency
(706) 660-9565
5156 River Rd
Columbus, GA
 
Pam James Insurance Agency
(912) 526-8341
160 West Liberty Avenue
Lyons, GA
 

How a Pool Affects Your Home Insurance

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How a Pool Affects Your Home Insurance

Ah, the joys of a pool. Cooling off after a hard days work. Having a party with friends. Perhaps you've lined up the contractor and the pool supplies, maybe even planned that party. But heres something to consider: Do you have the right insurance coverage for that wonderful new backyard accessory?

The first thing you have to do is check your existing homeowner policy. Does it make any mention of pools or coverage for pools? It may even be listed among the exclusions on the policy, which means you definitely need additional coverage. Usually, your pool will be covered under other structures. Do you have coverage for other structures?

Why check your policy? The main reason is to confirm that your basic homeowner insurance provides you with these two things:

  1. Coverage for damages to your home and other structures on the premises (like your prospective pool)
  2. Liability protection in the event someone sues you

If I've got this, arent I okay? Yes and No. You should always notify your insurance agent that a pool has been installed, just to be sure that there won't be any problem. However, once you have a pool installed, you are more likely to have to call your insurance company because of the kinds of risks, both in terms of damage and liability that comes with a pool. Since you are increasing the risk to your insurer, you can assume it will cost you more money in premium. It may not be a substantial increase, depending on your insurer, but there will generally be an increase.

Are you sure you have enough coverage? This is an important question. If you want to get the right coverage, you'll have to consider your situation and your needs. Lets talk first about damage to your new pool.

A pool is considered separate from your dwelling, so it's usually covered under the category of "other structures" on your policy. The standard amount of insurance for such items is 10 percent of the coverage amount for your dwelling, though some policies will provide up to 20 percent. So the biggest issue is whether this amount of coverage is sufficient to cover the cost of your new pool.

Lets say you have a home worth $150,000. You have the standard coverage for other structures of 10 %. This would give you $15,000 for your pool and anything else separate from your house. Continuing with the above example, if your pool cost $14,000 and you also have a detached garage worth $10,000, plus a gazebo overlooking your pool worth $6,000, you've got $20,000 in separate structures. This calls for a change in your insurance coverage.

So what kind of damages are covered for your pool? The most common homeowners policy in the United States will protect your pool from all perils except those specifically excluded in your policy. However, some insurance will only protect your pool against some 17 named perils specifically listed. Check the details of your policy and be prepared to make changes in your covera...

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