Seek liability insurance protection for the new pond you plan to install on your residential land. The coverage will protect you in the event that you are sued because of an incident that is directly related to the pond.
Liability Protection
Residential liability insurance protects a property owner from unforeseen injuries and damage. This type of protection covers the pond year-round. Liability insurance covers individual injuries that occur in the pond or next to the body of water.
It will also protect against damage that occurs to another person’s property. For instance, liability protection may absorb the costs you are responsible for if your pond floods and damages a neighbor’s yard.
Project Details
Use the pond project details to determine how much liability insurance you need. Record the pond’s depth and width. Track the materials that will be used to construct the pond.
If you plan on housing any fish in the pond, details about what species will live there should be accounted for. This information should also be recorded if you plan on using the pond for fishing or another activity. All the project details can be submitted when you are ready to purchase liability protection.
Security Additions
Consider adding security materials around or in the pond. A wide range of security features could limit the risk of injury or damage. Fencing, cameras, and lighting could make your pond safe to use during the day or night.
Contact Capretta Insurance Agency
Reach out to one of our agents who represents Capretta Insurance Agency. An agent who serves the Parma, OH, region will help you choose a liability insurance policy for the new pond.