Pools, Trampolines and Pets: What Additions Could Raise Your Rates

When enhancing your home for fun or comfort, it’s easy to overlook how certain additions can impact your homeowners insurance. While pools, trampolines and pets can bring joy and entertainment, they also introduce risks that insurers take seriously, often resulting in higher premiums or even coverage restrictions.

Insurance for Swimming Pools

A backyard pool is a dream for many, but it’s also a liability magnet. Insurers typically view pools as “attractive nuisances,” or features that can entice children or guests into potentially dangerous situations. Drowning and slip-and-fall accidents are significant concerns. As a result, insurance providers may require safety measures like fencing, locked gates or pool covers. Even with precautions, having a pool can increase your liability coverage needs, which in turn raises your premium.

Insurance for Trampolines

Trampolines are another popular but risky addition. They’re associated with a high rate of injuries, especially among children. Some insurance providers may refuse to cover homes with trampolines altogether, while others might require safety nets or enclosures. If your insurer does allow them, expect a bump in your liability insurance or a policy rider to cover potential injuries.

Insurance for Pets

Pets, particularly certain dog breeds, can also influence your insurance rates. Breeds perceived as aggressive may lead to higher premiums or exclusions from liability coverage. Even if your dog is well-behaved, insurers assess risk based on breed history and statistics. Exotic pets, such as snakes or large reptiles, can also raise red flags due to their unpredictability and potential danger.

What You Can Do

Before making any of these additions, it’s wise to consult your insurance provider. Ask how your policy might change and what safety measures are required. In some cases, increasing your liability coverage or adding an umbrella policy can offer extra financial protection.

Learn More

Ultimately, while pools, trampolines and pets can enhance your lifestyle, they also come with responsibilities. Understanding how they affect your insurance can help you make informed decisions—and avoid surprises when it’s time to renew your policy. To review your insurance policies, contact Sonoran Insurance LLC.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.