Swimming pool maintenance insurance is a specialized form of insurance designed to protect pool service companies from liabilities and claims related to the maintenance and repair of pools. This type of insurance provides business owners with coverage for the repair, maintenance, and installation of pools, as well as legal and medical expenses if a customer is injured while using the pool.
The coverage provided by swimming pool maintenance insurance varies from policy to policy but generally includes protection for property damage, personal injury and property damage liability, and medical payments. Additionally, some policies may include coverage for errors and omissions, which will protect if the pool service company is found liable for negligence or errors in the maintenance of the pool.
Who Needs Swimming Pool Maintenance Insurance Coverage?
Such a policy is essential for any swimming pool maintenance and service company. Such a policy can protect such a business against liability and claims related to the pool maintenance and repair services provided.
Homeowners with private pools may also want to consider purchasing swimming pool maintenance insurance. This type of coverage can provide protection from damage to the pool, its components, and any surrounding property caused by errors or negligence in the maintenance and repair of the pool.
Types of Swimming Pool Maintenance Insurance
There are three main types of swimming pool maintenance insurance – property damage insurance, personal injury coverage, and medical payments coverage.
- Property Damage Liability protects property damage caused by the pool service company’s negligence or errors in the maintenance and repair of the pool.
- Personal Injury Coverage covers any personal injury or death caused by the pool service company’s negligence or errors in the maintenance and repair of the pool.
- Medical Payments Insurance pays medical bills and related expenses resulting from an injury or death caused by the pool service company’s negligence or errors in the maintenance and repair of the pool.
How Much Does Swimming Pool Maintenance Insurance Cost?
The cost of swimming pool maintenance insurance will vary depending on the type and amount of coverage you purchase. Generally, coverage for property damage liability, personal injury liability, and medical payments will cost anywhere from several hundred to a few thousand per year. The exact cost of coverage will depend on the size and complexity of the pool, the number of employees, and the amount of coverage purchased.
Swimming Pool Maintenance Insurance Requirements
The requirements for swimming pool maintenance insurance vary from state to state but typically include property damage, personal injury, and medical payments coverage. Be sure to check your state-specific requirements and ensure you comply with them. Also, remember that to be eligible for a swimming pool maintenance policy, you must provide an insurance company with information regarding your services, equipment, licenses, etc.
Commercial Insurance And Business Industry Classification
- SIC CODE: 1799: Special Trade Contractors, Not Elsewhere Classified
- NAICS CODE: 238990 All Other Specialty Trade Contractors
- Suggested Workers Compensation Code(s): 9014 Janitorial Services by Contractors – No Window Cleaning Above Ground Level & Drivers
Swimming Pool Maintenance Insurance – The Bottom Line
Whether you own a pool service company or are a homeowner with a private pool, it is essential to have swimming pool maintenance insurance coverage in place to protect yourself from potential liabilities. With the right coverage, you can rest assured that you and your business are protected.