Nicknamed “The City Beautiful,” Orlando is home to inviting tropical weather and a breathtaking skyline. Many people take advantage of these by building beautiful homes that incorporate pools, guest houses, and fences into the overall design of the home and grounds. These types of structures, however, can pose liabilities that owners will want to avoid. Here are a few tips on finding customized homeowners insurance in Orlando that can address these coverage issues.
Assess High Risk Assets
In insurance, there is a differentiation between safe assets and high risk assets. The former do not constitute a significant risk of lawsuits. The latter are assets that by their very natures create a considerable risk of liability. Pools, outbuildings, and fences are categorized as high risk assets, and are usually only minimally covered in most homeowners insurance policies. If your home includes some of these structures, be sure to find a homeowners insurance provider that can advise you on selecting a policy with adequate protection for your high risk assets.
Protect Against Personal Liability
Most insurance policies will protect not only against property damage, but also against certain personal injury lawsuits. Some home structures, like fences and pools, increase the possibility that a legal claim will be filed against you. For example, the allure of a swimming pool can draw children to sneak into your yard, perhaps becoming injured in the process. Even if you warned these children to stay away, you may still face a lawsuit. The increased risk that accompanies pool ownership may warrant increasing your personal liability insurance.
Ensure that you can enjoy your beautiful Orlando home without worrying about potential liabilities. Contact a reputable provider of homeowners insurance in Orlando to develop a customized policy that meets all your needs.