During the dog days of summer, nothing is quite as picturesque as relaxing by the pool. Getting a swimming pool will make you the envy of your friends and family, as well as the epicenter for all summery social functions. Many of us have fantastic childhood memories of summertime parties filled with warm weather and swimming. Unfortunately, as adults we are more aware of the real world consequences of having a pool in your yard. Before you start digging, make certain you are ready with the following topics:
Finances: Just like with all great things, there are many associated costs with a pool you may be unaware of. While you are probably aware of the obvious costs like construction, and water, there are some less obvious expenses to consider. Have you considered pool supplies, covers, repairs over time, perhaps increased insurance coverage (to be discussed later)? When you construct your budget, be sure to include a section for costs over the entire year.
Workload: Not only is a pool expensive, but it takes time and effort. From the moment you break ground to the day you take it down, your pool will require consistent work. Whether it is picking out plans, skimming errant leaves, or covering your pool up in the winter months, there are a lot of tasks for maintenance and upkeep. A great way to break up work is to have every member of your family be responsible for a separate task. This way, everyone that enjoys the pool will also have some investment in its future.
Umbrella Coverage: A pool symbolizes an endless opportunity for summer fun but with that also comes an increased amount of liability. Consider assessing your insurance coverage before getting a pool and definitely do so if you plan on hosting at all. Whether it is slipping on the deck or someone falling in accidentally, pools do pose some risks. Your insurance provider can also offer additional ways to reduce your liability, such as installing a gate around the perimeter or ensuring the area is well lit during all times of the day.
You may think your homeowners insurance will be enough to cover your pool, but that may not be the case. Make sure you speak with your insurance agent before installing a pool to understand how adding one will impact your current policy. You should also ask about whether you should consider an umbrella policy to help further protect your family’s assets.
Saying ‘No’: Once you get your pool, you are guaranteed to get increased attention. While your phone and Facebook might start blowing up when the weather is great, make sure that you have the power to turn people down. Even though your ego may grow to the level of a Roman emperor, a pool does not make you a resource for others to take advantage of.
Saying ‘Yes’: Even while you should be careful and properly plan, a pool is meant to be enjoyed so remember to have fun! Take advantage of the warm weather and have over friends and family whenever possible. Making memories is the whole point!
Most of these steps can be done before even obtaining bids. A little bit of internet research can produce tons of great advice to help in your decision making process whether it be the type of pool, where to place it, or how to manage it. Now that all of the work is settled, break out the flip flops, Hawaiian shirts and embrace the summer!