A pool is a great way to enhance your backyard, and it’ll give you the perfect place to relax on hot summer days. On top of this, it can be the perfect place to entertain, exercise, and relieve stress. However, all of these great benefits can come at a cost. Not only is a pool installation pricey, but it can also increase the cost of your insurance policy. This is because pools can be dangerous and as a pool owner, you are liable if someone is injured or drowns using your pool (this can even be true for those who didn’t ask for permission to take a dip in your pool). In short, this is one change you definitely want to share with your home insurance agent.