Your pool may serve as a viable revenue stream this summer.
When we think of summer, we might picture ourselves lounging around at a local pool while our kids splash happily about. But much of that fantasy may be off the table for the summer of 2020, asThrow in the fact that many camps have already canceled the upcoming season, and you have the makings for a large number of very anxious parents – parents who want nothing more than to salvage a piece of the classic summer experience.
. With so many facilities shut down due to COVID-19, you may have a key opportunity to make money by renting out your swimming pool.let you list your pool and set an hourly rate for rentals. Searchers in your area can then log on and find available pools whose rental rates align with their budgets. At first glance, it's a win-win – you collect income when you're not using your pool yourself, and you give people without a pool the chance to enjoy a private swimming experience.
That said, while renting out your pool may not pose a huge danger from a COVID-19 perspective, remember that a pool itself is a potential hazard and that renting one out exposes you to extra liability. If you own a resort-type property or building, chances are, your insurance policy will cover you for accidents that occur while guests use your pool, even if those guests aren't staying on the property – though you should check your policy to be sure.
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