Pool Contractor Insurance – General Liability

As a swimming pool contractor, it is essential to have the right general liability insurance policy to ensure that your business is protected in the event of accidents, physical injuries, property damage, or lawsuits. General liability insurance serves as your first line of defense against any claims made against your business. This necessary and often affordable insurance option offers a variety of protections that provide peace of mind.

Types of Protection Offered by General Liability Insurance

General liability insurance typically covers several areas to protect your business:

• Bodily Injury: Covers medical costs and legal fees if someone is injured on your property or due to your business operations.
• Property Damage: Protects against damages you may cause to someone else’s property while performing your work.
• Personal Injury: Covers legal fees and damages if you are sued for slander, libel, or defamation.
• Other Protections: Includes coverage for situations such as copyright infringement, false advertising, and more.

How much does a General Liability Plan cost? What does it cover?

General Liability

Owner Only: $64/month
Per Project Aggregate Limit (Each Pool Job)
Blanket Waiver of Subrogation
Primary and Non-Contributory Wording*

Add an Employee

$350 annually per employee
All limits are per member
Affordable protection for your business
No monthly membership fee*

Coverage

• $1,000,000 Per Occurrence Limit/$3,000,000 General Aggregate Limit (all limits per member)
• Per Project Aggregate Limit (each pool job)
• $1,000,000 Personal & Advertising Injury Limit (Products/Completed Ops Aggregate Included)
• $100,000 Damages to Premises Rented to You
• $5,000 Medical Expense Limit
• $50,000 Pollution Coverage (on-site and in transport, including chemical clean-up/Hazmat)
• $25,000/Occurrence $500,000/Aggregate Acid Washing Property Damage
• $50,000/Occurrence $100,000/Aggregate Swimming Pool Pop-Up
• $25,000 Per Occurrence Property Damage Extension/Faulty Work Available
• Blanket Additional Insured Endorsements
• Coverage Available for Employees

Why General Liability Insurance is Crucial

General liability insurance covers third-party injuries and property damages caused by your operations, commonly referred to as slip, trip, and fall policies. Although it’s uncommon for third parties to wander onto your job site and get injured, accidents do happen. Property other than what you are working on can also be damaged inadvertently.

It’s vital that your insurance policies are tailored specifically for a swimming pool business to cover frequent accidents in your line of work. Examples include popped pool coverage, faulty workmanship, and pollution coverage, which are high-risk areas not typically addressed by standard policies.

Current Trends and Data in 2024

As of July 2024, the swimming pool industry has seen significant growth, with a 10% increase in new pool installations compared to last year (Pool & Spa News). This growth has led to a corresponding rise in the need for specialized insurance coverage. The California Pool Association reports that the most common claims among pool contractors include property damage from pool pop-ups and chemical spills, underscoring the importance of comprehensive coverage.

*Rates may vary depending upon the tax rate in your state and if premium financing is necessary.

General liability insurance is not just a smart investment; it’s a necessity for swimming pool contractors. It provides essential protection against a variety of risks, ensuring that your business can operate smoothly without the constant worry of potential liabilities. For more information and to get started on securing your policy, give us a call.

Sources

1. Pool & Spa News. (2024). Industry Statistics. Retrieved from poolandspanews.com.