Branch Owner, TWFG Insurance Services, Fremont California and the Greater Bay Area Representing Dozens of Insurance Carriers
Homeowners insurance really does not go up with a pool although some carriers may have a small surcharge. What you want to look at however is liability coverage. You may want to increase your liability limits since your liability exposure increases with a pool. Such as a slip and fall or worse.
A pool itself will fall under your other structure coverage. I suggest to consult your agent to see if you have enough coverage. Usually the pool is less likely to suffer damages, however your pumps and filters, heater you would want to make sure are covered.
Assuming your pool is installed correctly, properly maintained with adequate safeguards in place, installing a pool should have little to no effect on your premium. Most policies limits on appurtenant structures (in-ground pools) or personal property (above ground pools) are more than adequate. In rare cases, when these limits must be increased, the additional premium should not be more than $50-100 a year.
Diving boards, water slides and other accessories presenting unusual hazards may cause a problem. Some insurers simply refuse to write or renew policies with this type of exposure. In these cases, you could see a significant increase in premium coupled with more restrictive coverage. Checking with your insurance company or agent is something I would do prior to installing a pool. If you are not comfortable with the answer, get other opinions. There is no one size , fits all.
.JPG){kind=avatar}
A pool itself will fall under your other structure coverage. I suggest to consult your agent to see if you have enough coverage. Usually the pool is less likely to suffer damages, however your pumps and filters, heater you would want to make sure are covered.
Diving boards, water slides and other accessories presenting unusual hazards may cause a problem. Some insurers simply refuse to write or renew policies with this type of exposure. In these cases, you could see a significant increase in premium coupled with more restrictive coverage. Checking with your insurance company or agent is something I would do prior to installing a pool. If you are not comfortable with the answer, get other opinions. There is no one size , fits all.