Does Renters Insurance Cover Above-Ground Pools?

Does renters insurance cover above-ground pools? Standard renters insurance policies cover an above-ground pool if the landlord purchased and installed the pool and you damage it; your personal liability coverage pays to repair the damage.

Personal liability coverage steps in to cover many circumstances that may occur at a rental property, including damage to your landlord’s above-ground pool, because it covers property damage. Another instance where you may need personal liability coverage includes if someone slips and falls in your home and requires medical attention. The coverage pays for their care and, should they file a lawsuit, covers legal costs to the policy’s limits.

Above-ground pools are typically covered by the personal liability coverage in your renters insurance policy if the landlord purchased and installed the pool. MoneyGeek outlines some of the common instances in which renters insurance covers above-ground pools.

Renters insurance covers above-ground pools your landlord owns against damage caused by you in unexpected situations. A pool is a danger, even if you do not own it, but it’s part of your rental. But having renters insurance with a high personal liability coverage limit can protect you should an accident occur.

When shopping for renters insurance, MoneyGeek recommends confirming with companies that liability coverage will cover above-ground pools and getting multiple quotes for a policy as needing the higher liability limit may cost more.

Renters insurance does not cover an above-ground pool unless your landlord purchased and installed it. If it is your above-ground pool, you may not have coverage with a standard renters insurance policy, even if it’s your property.

MoneyGeek advises you to fully understand your policy — ask questions and read the fine print — to determine whether it covers your above-ground pool.

While renters insurance provides financial security, avoiding the dangers of an above-ground pool is much better. Even if your landlord installed the above-ground pool, you may still be liable for an injury that occurs when someone uses your pool.

Installing sufficient fencing and safety perimeters, having an emergency rescue plan and keeping safety equipment immediately accessible are some strategies to safeguard yourself and others from pool accidents that may occur with above-ground pools.

Renters insurance is available from most large insurance firms, such as State Farm and Progressive, as well as smaller companies like Lemonade and Toggle. If you're not sure what coverage is suitable for you, MoneyGeek has a guide for comparing renters insurance.

On average, renters insurance costs $13 per month, but this might vary depending on the coverage you need. Such as, with an above-ground pool, you may need a higher than normal personal liability limit, which could increase your policy premium.

Plus, the value of your personal belongings influences how much you pay for renters insurance. You can assess how much the coverage you need costs using MoneyGeek's personal property calculator.