Last month we talked about how boating can pose serious risks when you’re out on the water and understanding the importance of potential liabilities common with risks associated with boating.
As we continue with summer adventures, we want to remind you to be safe in and around the pool. Did you know that having proper pool safety measures can impact your insurance coverage while protecting you?
Know your local pool laws. Each town has its own definition of what constitutes a “home pool,” often based on its size and the depth of the water. Contact your municipality to learn the local standards and relevant safety and building codes to which you must adhere. These may include installing a certain size fence, locks, decks, and pool safety equipment.
- Create a barrier around your pool. Consider several layers of security (locks, alarms) to protect the pool area when not in use.
- Always supervise children.
- Do not allow anyone to use the pool alone.
- Keep lifesaving tools nearby (life jackets, poles).
- Learn CPR (have other swimmers trained in CPR).
- Inspect your pool for hazards or maintenance concerns.
- Ensure that your policy covers pool liability and potential injuries or accidents that may occur on your property.
- Understand your policy’s coverage limits and consider additional coverage.
- Consider an umbrella liability policy which provides additional liability protection over and above what you already have on your home.
- According to the Insurance Information Institute, pool owners should consider increasing the liability portion of their policy to at least $300,000 or $500,000, more if your assets warrant it.
- Installing safety measures (like fences or alarms) may also help reduce insurance premiums.
So, put safety first and dive into the summer with a splash!