Since we are currently in the season of outdoor fun, it’s a great time to consider whether your homeowners insurance covers some of your favorite backyard additions: trampolines, pools, and fire pits.
These features can bring a lot of joy, but they may also carry unique risks.
Trampolines are considered a high-risk item by insurance companies due to the potential for injuries and property damage. Coverage largely depends on the specific terms of your policy. Some policies may offer coverage for trampolines, but with conditions such as securing the trampoline with safety nets or fencing. Others may exclude trampoline-related incidents altogether.
Next, Homeowners insurance typically covers pools, but the specifics depend on how your pool is structured. Pools are often considered part of your property, so liability coverage and property damage coverage are usually included. However, this can vary:
-
In-ground pools: These are often categorized as part of your “other structures” coverage, which protects parts of your property like fences or sheds. The coverage limit usually applies here.
-
Above-ground pools: Depending on the insurer, an above-ground pool may either be listed as part of your personal property or under “other structures.” The type of coverage will determine replacement or repair terms.
Liability coverage is particularly important for pools. It protects you if someone is injured while using your pool. Because of the added risk, some insurers may require additional safety measures (like a fence or locked gate) to maintain coverage. Keep in mind that you may need to adjust your policy limits to account for the increased liability risks or potential repair costs
Lastly, in most cases, a fire pit is covered under the “other structures” or “personal property” sections of your policy. However, coverage can vary based on how the fire pit is installed or used. Here are a few things to consider:
-
Permanent vs. Portable: If your fire pit is permanently installed, it’s often covered under “other structures” on your policy. Portable fire pits, on the other hand, are typically covered as personal property.
-
Accidental Damage: Damages caused by fire pits may be covered if they’re accidental. However, negligence or improper usage (such as leaving a fire unattended) might not be.
-
Local Regulations: Insurance coverage is often tied to compliance with local fire codes and safety regulations. Make sure your fire pit adheres to these standards to avoid potential coverage issues.
-
Liability Risks: If someone is injured while using the fire pit, your policy may cover medical expenses, but it’s always a good idea to check your liability coverage limits.
If you’re considering adding a trampoline, pool or firepit to your home, it’s important to review your insurance policy or speak with your insurance provider. Our team can assist you in understanding your current coverage, identifying any gaps, and exploring options to help protect you and your family from unexpected liabilities.
Call us at 708-845-5466 or visit our website at www.meritinsurancegroup.com
