A Pool and ts Impact on Homeowners’ Insurance

A Pool and ts Impact on Homeowners’ Insurance

There are a lot of factors that impact the cost of your homeowners’ insurance. These include your home’s location, its size, the materials it is constructed of and its age. It also can include amenities your home may have like a fireplace or even a pool. According to the Association of Pool and Spa Professionals, about 4% of American homes have a pool. That translates into about 10 million of these backyard kid magnets. The most popular states for pools (per capita) are not surprising, warm weather states. The top three are Arizona, Florida and Nevada. How and why do pools impact homeowners’ insurance rates?

If you are considering installing a pool or purchasing a home with a pool, be aware that insurance companies consider backyard pools an “attractive nuisance”. Homeowners are responsible for the safety of those who use the pools, including those who may use them without permission. This places homeowners with a pool at a higher risk than those without, resulting in a higher average premium. You should also be aware that even if an insurance company covers a home with a pool, most will require that a pool be in a locked fenced yard. Others may flat out deny homes as ineligible.

Another factor to consider is that homeowners’ insurance also provides coverage for an in-ground pool itself. This could add to the replacement cost of a home, also increasing premiums. An above ground pool is treated differently under a homeowners’ insurance policy in that it is “portable”. For that reason, it is treated more like a possession like a personal watercraft.

One final aspect to ponder when considering a home with a pool is if the traditional $100,000 homeowners’ insurance liability limit is sufficient. Since a pool increases liability risks, many homeowners with pools will choose to expand that coverage to $500,000 or more. This can provide greater peace of mind and protect against potential lawsuits from pool-related injuries.

In short, pools can increase homeowners’ insurance premiums because:

  • They are considered an attractive nuisance, increasing liability risks
  • They can increase the replacement value of a home
  • Homeowners’ with pools often choose higher liability limits

A pool can be a great way to turn a home into an oasis. It does have its consequences. If you own a home with a pool, contact us and let our independent insurance agents do some caparison shopping for you. They have access to multiple insurance companies; some who may offer more attractive rates for pool homes. Contact us today and put the power of our independent insurance agents to work for you!


Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Search All Blogs

Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Want to learn more about our blog writer?

Read more about KayLynn's background.

Click Here

Search All Blogs

Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

Renters Insurance: Your Secret Weapon Against Disaster (and Burglars!)

Beyond Broken Leases: Why Renters Insurance is Your Best Friend (and How to Get a Great Deal)

Flappers, Flights & Fizzy Fridays: The Roaring Twenties You Never Knew

Dive into the 1920s beyond the speakeasies! Explore the decade’s social shifts, technological marvels, and surprising connections to modern times.

Bundle Up and Save! The Ins and Outs of Business Insurance

Unsure about business insurance? Don’t be! Learn how bundling different coverages protects your company and puts money back in your pocket.

Life Insurance Myths Busted: Unveiling the Simple Truths Behind Financial Security

Considering life insurance but confused by the myths? We clear the air on common misconceptions and show you how to get simple, affordable coverage.

Buckle Up for Savings: How Car Safety Ratings Save You Money

Crash Test Your Cash Flow: How Car Safety Ratings Impact Insurance Rates

Pool Paradise or Premium Pain? The Splashing Truth About Pool Insurance

Dive into Savings: How Pools Affect Homeowners Insurance (and How to Stay Afloat)

Lights, Camera, Action! Exploring the Real-World Locations of Your Favorite Films

Exploring the Real-World Locations of Your Favorite Films

From PJs to Productivity: Mastering the Work-From-Home Hustle

Ditch the Commute, Keep the Cash: Working From Home Hacks for Peak Performance

The Farewell Financial: Planning a Peaceful Goodbye

Beyond Goodbyes: A Guide to Navigating Funeral Costs and Life Insurance

From Death Traps to Death Beaters: How Cars Became Surprisingly Safe

Buckle Up and Breathe Easy: Unveiling the Hidden Heroes of Car Safety