Ah, summer: the season of sunshine, sandals, and spontaneous adventures. Whether you’re spending a week at your lake cabin, creating memories in the woods, or grilling in your backyard, this time of year is about living your best life. But before you crank up the speedboat or jump into that new backyard pool, there’s one thing you shouldn’t forget: insurance coverage.

Insurance is a lot like sunscreen: when it’s doing its job, you hardly notice it. But if you skip it, you’ll feel the consequences. So before you hit the road, waves, or backyard hammock, take a moment to make sure you’re covered. After all, peace of mind is the ultimate summer luxury.

Boats and Watercraft

Waterskiing, tubing, and sunset cruises are an integral part of a well-lived summer. But one rogue wave or uninsured boater could turn your fun into financial pain.

If you own a boat, jet ski, or similar watercraft, specialized insurance is important. Most homeowners policies don’t provide adequate coverage for these vessels.

Important coverage includes:

• Liability: Covers injuries or damage you cause.
• Comprehensive & Collision: Protects against storms, theft, or accidents.
• Uninsured/Underinsured Boater: In case another boater lacks sufficient insurance.
• Portable Equipment: For detachable gear like anchors or coolers. Check your policy for specifics!

Additionally, many states and marinas have specific insurance requirements, so it’s wise to check with a local agent to stay compliant.

ATVs & Off-Road Adventures

Whether you use your ATV recreationally on the trails, or just for property maintenance, it should be insured separately. Trees don’t move, and neither do legal bills if someone gets hurt.

Important coverage includes:

• Liability & Collision: Whether it’s your fault or not.
• Comprehensive: Covers damage from accidents or non-collision events like theft or weather.
• Equipment Add-ons: For customizations or aftermarket parts

Generally, homeowners policies don’t cover off-road escapades. And some states have rules about ATV insurance, especially if the vehicle is used off your own property.

Lake Houses and Cabins 

Whether you’re heading up just for the weekend, or hosting an extended family reunion, cabins are great places to unplug and unwind. But seasonal properties are exposed to a wide range of weather-related risks and may require coverage beyond a typical homeowners policy.

Important coverage includes:

• Property & Contents: From the roof to the rustic record player.
• Liability: If someone is injured on the property.
• Flood Insurance: Lakes can rise, and storms can rage. Don’t rely on standard homeowners insurance to cover you in the event of a flood.

Furthermore, if you rent the home out seasonally, consider adding additional liability protection or an umbrella policy may be appropriate.

Swimming Pools

Pools are great for beating the summer heat, but they also come with increased liability. A simple slip could cost thousands.

Important coverage includes:

• Homeowners Insurance: Often includes coverage for pools under “other structures” or personal property
• Liability & Umbrella Policies: For extra peace of mind.
• Safety Compliance: Fences, gates, and following local laws are crucial to avoid denied claims.

If you’re installing a pool, talk to your agent before you start construction. As with sunscreen, the best protection is preventive. Check with your agent before construction begins.

Umbrella Insurance: A Valuable Extra Layer

This type of insurance offers additional liability coverage beyond the limits of your standard homeowners, auto, boat, or recreational vehicle policies.

Umbrella insurance activates once your primary policy’s liability limit is reached. For example, if a pool-related accident exceeds your homeowners policy, umbrella coverage can help fill the gap, typically starting at $1 million and scalable from there.

What It Covers:

• Bodily Injury: Medical bills if someone is hurt on your property or due to your actions (e.g., pool or ATV incidents).
• Property Damage: Damage caused to another’s property, such as in a boating accident or fire that spreads from your lake house.
• Legal Costs: Attorney fees and court expenses if you’re sued.
• Personal Injury: Claims like defamation or slander.
• Landlord Liability: For those who rent out seasonal properties.
• Family Liability: Coverage for incidents involving household members (e.g., dog bites or children causing accidental harm).

What’s Not Covered:

• Your own property or injuries
• Intentional acts
• Business activities (unless you have commercial coverage)
• Contract-related liabilities

Summer assets like boats, pools, and vacation homes increase liability risks. But much like applying an extra layer of sunscreen before a long day outside, umbrella insurance provides a smart, affordable layer of protection for those with summer assets and significant liability exposure.

Quick Tips for a Stress-Free Summer

Review Your Coverage: As your assets grow (hello new pontoon!), so should your insurance.

Bundle & Save: Combining home, auto, and fun-toys coverage may earn you a discount.

Talk to Your Advisor: Insurance needs can vary widely by state and situation. We’re here to help you navigate them.

Final Thoughts

The summer season is about creating lasting memories, but ensuring those moments are protected is just as important. Insurance may not be visible, but you’ll be thankful it’s there if something unexpected happens. Just like sunscreen, it works best when applied ahead of time.

And if you’re unsure whether your current coverage is enough, your advisor can help. Let’s protect your summer memories and your finances.

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