If your home has a pool and you have decided to rent it out, with it comes a lot of liability. Renting out your home with a pool however, can be a great selling point. The first thing to make sure you have to cover yourself is to have a landlord’s insurance policy. Another thing you will want to do is to have your renters get renter’s insurance. By doing this you will be covered for liability on both sides in the event something happens.
You will also want to take many precautions as additional ways to make the renting out a home with a pool a pleasant experience for all.
- You will want to make sure you have a locked fence in order to protect small children from getting into the pool
- Will you require the tenants to maintain and pay for pool maintenance, or will you be paying for a company to come in and care for it, as tenants may not put the right amount of chemical or the wrong chemicals in the pool
- Make sure to include language in you lease that the tenant is responsible for making sure locks to the pool are always locked, and that they tenant assumes risk to guests that will be using the pool.
The best idea to ensure you are covered properly is to speak with your insurance agent. Making sure you have the property coverage will help give you peace of mind when renting out a home that has a pool.