The summer months are filled with fun activities with friends and family enjoying the warmer weather. Whether you are planning on taking a road trip or simply relaxing outside by the swimming pool, having the best insurance coverage can give you the peace of mind to truly appreciate the summer season. Elite Insurance would like to tell you more about what you need to be properly insured for all of your summer activities by sharing with you some information from the National Association of Insurance Commissioners.
SWIMMING POOLS
Having a swimming pool on your property greatly increases your insurance risk because you have a bigger chance of being sued or having to pay for someone’s medical expenses. According to the U.S. Consumer Product Safety Commission, approximately 400 children under the age of 15 drown every year in a swimming pool. This startling statistic is why regular homeowner’s insurance may not provide enough coverage for a pool and why some home insurance policies even exclude pools. If you own a home with a swimming pool, Elite Insurance Solutions can boost your liability coverage with an umbrella policy that will extend this type of coverage beyond what you have on other policies. We also strongly recommend that you review all of the local codes and standards before you install a swimming pool in your backyard to be sure you are following all of the safety requirements, such as fences and locks.
BOATS
Before taking your boat out this summer, you need to be sure you have the right boating insurance policy. You will need liability coverage to cover any injuries that occur on your boat as well as property damage to your boat. Your personal property coverage of your homeowner’s insurance policy may cover a small boat for $1,500 or less in physical damage, but your liability coverage is limited. If you have a jet ski or other personal watercraft, you will most likely need a separate policy to cover it. Our agents at Elite Insurance Solutions can find an insurer that specializes in boating insurance.
TRAVELING
Typically, your homeowner’s insurance policy will protect you when you travel. If you have off-premises’ coverage, your personal belongings are covered anywhere in the world. If you are staying in a hotel and your belongings are stolen, the exact coverage will depend on your policy. Certain high-priced items like jewelry and fur will have limited coverage, so if you are traveling with these types of belongings, you may want to look into an additional policy to cover these things.
Need to boost your insurance coverage this summer? Contact Elite Insurance Solutions to speak to our agents about being properly insured for all of your summer activities.