26 May A pool or spa in your backyard? Make sure your broker know about it.
This summer, everyone will probably enjoy their swimming pool even more than in previous years or, for those that didn’t yet have one, it is very likely that the current situation will encourage them to take the plunge and to have one installed.
Either way, did you know that your broker must absolutely be informed of the existence of your pool or spa? The reason is very simple; Your home insurance contract does not automatically cover:
- spas and swimming pools located outside your home
- their equipment, no matter where they are located
- patios and platforms not attached to your home and attached to spas and swimming pools
If you want to be covered, you must obtain an endorsement for this purpose (additional coverage). This will cover, for example, damage related to freezing and thawing. This mainly happens in the spring when the pool cover becomes more fragile to temperature variations. There is also the risk for structural damage caused by the weight of snow or ice on the pool’s or spa’s edges.
Of course, all gradual damage (normal wear and tear) as well as any damage caused by vermin is not covered.
For more information, contact your insurance broker today.