Is Homeowners Insurance Higher With A Pool?

  1. 1615 POINTS
    Ryan Andrew
    President, The Andrew Agency, Richmond, VA
    Most companies will not charge extra however you must have a locked fence around the pool. Having a pool does present a larger risk so I would highly recommend getting an Umbrella policy. If you already have an Umbrella you will pay extra if you have a pool but it's well worth it. Several lawsuits have resulted from pool accidents.
    Answered on October 1, 2013
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  2. 250 POINTS
    Bill Sims
    Producer, Kendall & Associates Insurance Agency, Greenville, SC
    Companies have differing eligibility guidelines when it comes to pools.  Most will not add a surcharge to the liability premium for the pool (though some do) as long as the pool meets the company's eligibility guidelines.  A fence surrounding the pool that includes a self-latching gate is a must for basically all companies.  Even with that, some carriers will still only write the pool if it does not have a diving board or slide.  Some carriers are OK with the diving board but not the slide, and vice versa.  Some have a height limit for the board and/or slide.  All this to say, it is to your advantage to have several different carriers quote the homeowners insurance once the pool is added.  Your current carrier may no longer be the best option.
    Answered on January 3, 2014
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  3. 1844 POINTS
    David W. Clausen
    Chief Executive Officer, Coastal Homeowners Insurance Solutions, Rocky Point, NY 11778
    Insurance companies will not typically charge more for having a pool on the premises. They will, however, require that it is fenced in and meet local guidelines-like a locking gate and child protection systems. Each state has different laws pertaining to pools. You may be ineligible if your pool has a diving board as well. I would check with your local independent insurance agent to find out the rules that are applicable to your area. Hope this answer helps.
    Answered on October 30, 2015
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