Is it time to upgrade your backyard and make some much-needed changes? It’s always great to freshen things up and add value to your home with upgrades, but how will it affect your homeowners insurance?
Making backyard upgrades can drive up the cost of your annual premium, which is something that’s important to take into consideration before you dive in.
Here are some of the things that can make your costs go up!
- Trampoline: Trampolines are super dangerous and result in thousands of injuries each year. Be sure to install a safety net around your trampoline and be strict about how many people are allowed on it at once.
- Zip line: While they might be a ton of fun, zip lines can also result in a lot of unwanted injuries. Check to see how adding a zip line to your backyard could affect your rate as well as the risks associated with having one.
- Pool: Just like the examples listed above, pools come with a lot of risk. Whether it’s major head injuries, or drowning, there’s a lot to consider and it’s very likely your insurance premium will go up if you’re to add one. Take all of the necessary safety precautions and always keep an eye on children while they’re using the pool.
- Treehouse: Kids are always big lovers of treehouses, but there’s a chance that having one might not be legal. It will depend on what species of tree you’re looking to build it one and how close it is to the property line.
These are just some of the considerations to keep in mind when you’re making changes to your backyard. Be sure to reach out to the friendly Fargo home insurance experts at Fargo Moorhead Insurance today if you have specific questions about insuring your home.