Swimming Pool Contractor Insurance: Quotes From $11/month

Whether you are engaged in the construction and installation of outdoor or indoor swimming pools, you are exposed to a number of risks that you should protect yourself against. Specifically, purchasing a swimming pool installation insurance policy helps safeguard your financial interests as well as your reputation. Pool cleaners, who face lesser risks, often buy coverage for themselves, so as a contractor, it’s wise to get insured.

Why Get Swimming Pool Contractor Insurance?

Swimming pool contractor insurance protects you from many possible risks associated with building, installing, and maintaining swimming pools. A swimming pool construction insurance policy ensures that you remain financially secure even when accidents happen.

Similar to waterproofing, roofing, and masonry contractors, swimming pool contractors will find business insurance helpful. Consider how complicated things can get if you’re not insured and the following happens:

  • A child plays with small tools and equipment while you and your employees are busy with the finishing touches of a pool.
  • Your employee adds an excessive amount of chlorine to a pool, causing chemical burns.

These are real-life situations that could end up with your business being embroiled in legal battles. Even with the best skills and work procedures, mistakes can happen, making swimming pool business insurance essential to cover such risks.

In addition to providing financial protection and reputation management, commercial swimming pool insurance can help secure jobs. Some clients will only offer you contracts if you can provide proof of insurance.

 

Types of Swimming Pool Contractor Insurance

To be fully covered, you must carry the right combination of insurance policies. Here’s a breakdown of the different coverage types you may need.

CoverWallet  NEXT (Best) Thimble  Hiscox
Per occurrence limit  $1,000,000 $300,000/$2,000,000 $1,000,000/$2,000,000 $300,000/$2,000,000
Aggregate limit  $2,000,000 $300,000/$2,000,000 $1,000,000/$2,000,000 $300,000/$2,000,000
Products and completed operations aggregate limit  $2,000,000 $1,000,000 $1,000,000 $1,000,000
Advertising injury coverage aggregate limit  $1,000,000 $1,000,000 $1,000,000 $1,000,000
Tenant’s legal liability coverage limit  $1,000,000 $100,000 $5,000 $100,000
Waiver of subrogation included? Yes No Included Can be included
Hired/non-owned auto liability coverage included? Yes No Excluded Can be included
Equipment breakdown floater included? No  Yes Yes Can be included
Can you get a certificate of insurance online? Yes Yes Yes Yes
Name additional insureds? Yes Yes Yes Yes
Deductible $0 $0 $0 $0

A property damage or bodily injury lawsuit can be financially devastating for your swimming pool business. Even if you win the case, legal fees alone can take a toll on your finances, as legal services are never cheap. That’s why staying proactive with general liability insurance is essential. The table above compares the features of swimming pool contractor liability insurance from companies we recommend.

This pool service liability insurance shields your business from financial losses by covering the following costs when claims are filed by clients, independent contractors, or third parties:

  • Medical treatment costs
  • Property damage reimbursement
  • Settlements
  • Legal defense costs
  • Court judgments

Just like general liability insurance for electrical contractors, drywall contractors, and concrete contractors, your insurance may also include:

  • Tools and equipment coverage
  • Products and completed operations coverage
  • Rented premises liability coverage
  • Hired/non-owned auto liability coverage

Public Liability Insurance for Swimming Pools

Sometimes, swimming pool company insurance may offer public liability insurance instead of general liability insurance. This works similarly by covering:

  • Bodily injury
  • Property damage
NEXT (Best) Thimble Hiscox
Aggregate limit $5,000/$10,000 $2,500/$5,000 $5,000/$25,000
Covers hired and borrowed equipment? $5,000/$10,000 $2,500/$5,000 No
Miscellaneous equipment also covered? $5,000/$10,000 No No
Offered as an endorsement to general liability insurance? Yes Yes Yes
Deductible $500 $500 $0

If you rely on various tools and equipment for pool installation, it’s smart to get tools and equipment insurance. This covers expenses if your tools get damaged or lost due to fire, theft, vandalism, or operator error. Use the table above to compare tools and equipment insurance options.

Excess Liability Insurance for Swimming Pool Contractors

Excess liability insurance (or umbrella liability insurance) covers claims exceeding the limits of your standard policy. For example, if you use a backhoe to dig a pool and accidentally destroy property, and your general liability policy is depleted before the settlement is fully paid, the umbrella policy steps in to cover the excess.

Commercial Property Insurance for Pool Contractors

CoverWallet NEXT (Best) Hiscox Thimble
Building coverage limit (minimum) $50,000 $100,000 $25,000 $25,000/$500,000
Contents coverage limit (minimum) $50,000 $16,000 $25,000 $25,000/$500,000
Outdoor signs Excluded $2,500 Excluded Excluded
Accounts receivable  Excluded Excluded Included $5,000/$10,000
Money and securities Excluded $2,500 Included $1,000
Lock and keys  Excluded $2,500 Excluded Excluded
Business interruption floater Excluded Included Included Included
Equipment breakdown floater Excluded Included Excluded Excluded
Inland marine insurance floater Excluded Excluded Excluded $10,000
Employee dishonesty floater Excluded $5,000 Included $2,500

A Business Owner’s Policy (BOP) combines general liability and commercial property insurance into one package. It provides streamlined protection against commercial losses and liabilities.

Swimming Pool Service Insurance Cost

CoverWallet Thimble  NEXT (Best) Hiscox
General liability aggregate limit  $2,000,000 $2,000,000 $2,000,000 $300,000/$2,000,000
Commercial property coverage limit  $50,000 $500,000 $100,000 $25,000
Optional policies can be added? Yes Yes Yes Yes
Name additional insureds for free? Yes Yes Yes Yes
BOP discount? Yes Yes Yes Yes

 

A business owner’s policy is an insurance product that’s made by combining general liability insurance and commercial property insurance. Consider getting this if you want a policy that provides a quick and straightforward coverage against commercial losses and legal liabilities. 

By the way, a business owner’s policy can be added with professional liability, inland marine, and other policies depending on which insurance company designed it. Use the table above to compare the business owner’s policies of companies we recommend. 

 

Inland Marine Insurance for Swimming Pool Contractors

Typical of any trade in the construction industry, chances are you’ll be moving your wares, tools and equipment from a workshop to a customer’s property. During this move, there’s a likelihood that any of these could be stolen, vandalized, or damaged. As such, you want to protect these from some of the common perils with inland marine coverage.

The inland marine policy caters to the cost of repair or replacement, thus significantly cutting down the downtime. This means that you can be up and running even when the unexpected happens.

It is important to mention that inland marine coverage will, at times, be sold as”floater” coverage. This means that you can avail it as an add-on to commercial property insurance or business owner’s policy. 

 

Commercial Auto Insurance for Swimming Pool Contractors

If you have a motor vehicle that you use to transport your wares, tools, equipment and employees from one site to the other, it would be best that you get a commercial auto policy. The latter covers you in the event that the motor vehicle causes property damage or bodily injury.

Other than the third-party property damage and medical bills, commercial auto coverage also covers theft, vandalism, and weather damage on the commercial motor vehicle.

Commercial auto insurance can be also used to cover the medical treatment of passengers if your commercial vehicle gets involved in an accident caused by an uninsured/underinsured driver. 

 

Builders Risk Insurance for Swimming Pool Contractors

Are you worried about the swimming pool getting damaged before it’s completed? Then consider getting builders risk insurance. Builders risk insurance provides reimbursement for losses in case something happens to the pool during construction. 

 

Pool Pop up Insurance Coverage

Typically, you’ll find the pool pop up insurance coverage within the products and completed operations policy. True to the name, the policy acts as an endorsement to general liability insurance that covers the potentially high cost of product replacement. 

In your case, products and completed operations coverage can reimburse the financial losses of the client, cover medical treatments if your defective work caused injuries, and even pay for extra labor costs for reversing the pool pop up. 

Swimming Pool Service Insurance Cost 

Cost per Month Cost per Year Deductible
General liability insurance $38 $456 $0-$500
Professional liability insurance $42 $504 $500-$1,000
Commercial property insurance $50 $600 $1,000-$2,500
Business owner’s policy $88 $1,056 $500-$1,000
Commercial auto insurance $70 $840 $1,000-$1,500
Workers compensation insurance $150 $1,800 $2,000-$5,000
Tools and equipment insurance Cost usually added to general liability insurance Cost usually added to general liability insurance $500
Builder’s risk insurance 1%-5% of the project’s cost 1%-5% of the project’s cost $1,500

 

The average swimming pool contractor insurance cost is $38 per month or $456 per year for a $1 million general liability insurance. This swimming pool business insurance cost is subject to a number of factors, including:

  • The swimming pool services offered
  • Business income
  • Types of coverage purchased
  • Policy limits and deductibles
  • Business property and equipment

To get a further idea about how much you’ll pay for premiums, here’s a table showing the swimming pool service insurance cost of the $1 million general liability policy of companies you might want to try working with:

Cost per Month Cost per Year Best for
NEXT $25 $300 Best overall; Fastest general liability insurance for pool contractor
CoverWallet $29 $348 Swimming pool service insurance quotes comparison online
Tivly $31 $372 Comparing quotes over the phone
Hiscox $33 $396 Swimming pool service insurance with automatic policy renewal
Thimble $35 $420 Flexible coverage
The Hartford $36 $432 Swimming pool service insurance with umbrella liability coverage

Best Swimming Pool Service Insurance Companies

Even if you’ve gone years being accident-free, it takes only a single event for your business to plunge into serious financial turmoil. As such, you want to be armed with a reliable pool contractor insurance program. The latter is only possible through working with the best swimming pool service insurance companies in the market.

Here’s a breakdown of the best swimming pool service insurance carriers to help along with your search.

NEXT Swimming Pool Service Insurance

Pros

  • Best overall
  • Get an online proof of insurance and send as a text message, email, or social media post
  • Fastest general liability insurance for pool contractors
  • Great customer service and reputation
  • Issues an online proof of insurance instantly
  • Outstanding value for money
  • Bundle two or more insurance policies and get a 10% discount

Cons

  • Couldn’t find any

NEXT doesn’t have a specialized pool contractor insurance program.  However, it can provide coverage through its general contractor insurance that’s offered in partnership with Tivly. Policies you can get from this company are general liability, commercial property, workers’ compensation, and others. 

Best for: Best overall; Fastest general liability insurance for pool contractors

Average cost: $25 per month

Our rating: 10/10

 

CoverWallet Swimming Pool Service Insurance

Pros

  • Stable rates
  • Cancel a coverage anytime
  • Compare swimming pool service insurance quotes online
  • Easily add an unlimited number of additional insureds in your policy

Cons

  • Not an insurance company but an insurance broker

CoverWallet’s swimming pool service insurance comes from its partners. This company helps you find the best options with its online quotes comparison platform. When you’re done comparing quotes, you can then decide to purchase a coverage online or call an agent to end the transaction. 

Best for: Swimming pool service insurance quotes comparison online

Average cost: $29 per month

Our rating: 10/10

 

Tivly Swimming Pool Service Insurance

Pros

  • Compare quotes over the phone
  • Responsive customer service
  • Coverage can be purchased from NEXT

Cons

  • You need to call to get a quote

Tivly (formerly CommercialInsurance.NET) covers you through its contractor insurance package. Policies you can get are general liability insurance, builders risk insurance, professional liability insurance, and more. Call Tivly now to compare quotes over the phone. 

Best for: Comparing quotes over the phone

Average cost: $31 per month

Our rating: 10/10

 

Hiscox Swimming Pool Service Insurance

Pros

  • Worldwide coverage
  • Automatic policy renewal
  • Has a considerable underwriting portfolio

Cons

  • Poor customer reviews

Hiscox doesn’t have a pool contractor package online. However, you can call an agent who’ll arrange a related insurance plan that works. Work with this company because your insurance policies renew automatically. 

Best for: Swimming pool service insurance with automatic policy renewal

Average cost: $33 per month 

Our rating: 9/10

 

Thimble Swimming Pool Service Insurance

Pros 

  • Instant certificate of insurance (COI)
  • Convenient mobile application available to policyholders
  • The COI can be used to verify different aspects of the policy including liability limits and policy end dates

Cons

  • Policyholders might overpay for policies they don’t need
  • Policyholders cannot file claims through the mobile app or the official website

What stands out about Thimble’s offering is that you can purchase coverage for only a time period. This means you can purchase coverage by the hour, day or month. If you work only during summer months, you can purchase the policy for just that time.

The package starts with a base of general liability coverage and professional liability policy. You have the option of adding on policies for more customized protection.

Best for: Flexible coverage

Average cost: $35 per month 

Our rating: 9/10

 

The Hartford Swimming Pool Service Insurance

Pros

  • Pop-up coverage is offered at no additional cost
  • Design and installation E & O custom to your business
  • Contractors limited pollution offered

Cons

  • The Hartford will only cover you if you subcontract less than 50% of your work
  • More than expected number of customer complaints

The Hartford has over 15 years experience offering swimming pool contractors customized insurance solutions. The carrier comes with a team of dedicated experts focused on the pool and spa industry.

The swimming pool service insurance package includes the following:

  • General liability coverage
  • Umbrella coverage
  • Inland marine
  • Workers’ compensation policy
  • Commercial protection
  • Commercial auto coverage

Optional coverage options include:

  • Pool pop-up
  • Contractors’ pollution liability
  • Diving board and slide installation coverage

Best for: Swimming pool service insurance with umbrella liability coverage

Average cost: $36 per month 

Our rating: 8/10

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