Florida has a higher percentage of pools in relation to homes than any other state. In fact, two out of three homes in Coral Springs have a swimming pool for the highest percentage of pool owners for any city nationwide. If your home doesn’t have a watery retreat already, you may be wondering how much a pool in Florida costs.
The average cost of installing an in-ground pool is between $35,380 and $65,389, with a median Miami pool installation cost average of $49,634. The size of your pool, it’s location, and the type of materials used will all affect the final cost.
Some form of barrier must be installed around a residential swimming pool according to Florida state law. Costs for a fence average $15-$20 per linear foot, and fences typically are required to be at least four feet high. Many Floridians opt for a pool enclosure, with a sturdy frame and screen walls that prevent access from the yard or home without keyed or coded access from the house or an exterior gate.
An in-ground pool is considered a permanent addition to your home and will require a permit to have installed; you may also have to contact local utilities to ensure you avoid any lines running through your property. Plumbing and electrical will need to be run to the pool area and a pump installed. Finally, the pool will need to be filled with water and maintained properly to keep the water clean.
Your homeowner’s insurance policy notes what happens if there is damage to your pool or enclosure. Many policies limit coverage for pool enclosures, but if you have a standard Florida homeowner’s (HO3) insurance policy with Olympus Insurance, your attached pool screen enclosure is covered at full replacement cost for both frames and screens if the damage is done by a covered peril.
An in-ground pool can be a great addition to your property, and enhance your enjoyment of Florida living year round. Ask your insurance agent what coverages are in place with your existing policy should you decide to add a pool to your home.
This article is for informational purposes only and does not form a part of, replace, change or amend any terms, conditions, provisions or language within your Olympus Insurance policy. We encourage you to read your entire policy.