Many high-end properties in California, Oregon, Nevada, and Arizona have significant acreage, which allows them to host personal sports courts. While additional acreage only poses a minimal additional risk, what you put on that land can make more of a difference. If you have sports facilities on your property, Avail Insurance Solutions LLC can help you determine what you need to fully protect your investment in your home.
Standard Homeowners Insurance Has Limitations
A standard homeowners policy limits coverage for liability if someone sustains an injury on your property. Even if your sports facilities are for personal use only, your liability risk increases. Certain features like swimming pools, trampolines, and the like are considered "attractive nuisances," meaning outsiders may attempt to use those features when you aren’t there. You are still liable for injuries even if you don’t know the individuals. Your insurance is subject to higher premiums due to this risk and may have specific requirements, such as fencing, to deter unwanted visitors.
Additional Considerations
Outdoor sports facilities may be covered under your policy’s "other structures" provision, but they may only be subject to replacement on an actual cash value basis. Indoor structures typically have replacement value coverage. Actual cash value is the item’s current value, minus depreciation, while replacement value is the cost to replace the item.
If you use your home sports facility for any type of business activity, such as giving lessons or charging people to play, your homeowners insurance may not cover injuries. Consider increasing your liability to provide adequate coverage. Depending on the sports facility, you may also want to purchase a separate umbrella policy to provide higher liability coverage.
Avail Insurance Solutions LLC, serving residents in California, Oregon, Nevada, and Arizona, can guide you on what home insurance provisions you need if you have sports courts. Contact our office to get started on a quote.