A common question we get at Aquaticnet.com is: What is involved in leasing your existing pool to another person or facility? Inquiring minds always want to know.
Brenda M. Klass is the Admininstrator of the Care Center Rehab and Pain Management (Encino, CA). She was willing to share her ideas on the matter.
Brenda: We are multidisciplinary functional restoration facility and we just leased our pool for $70.00 per hour. Our problem now is that we now need the pool almost continually and the individual wanting to rent wants the "prime hours". This creates a conflict between the two parties. But, there are more than just the space issues.
Our legal department advised that we should have [the leasee] name us on their liability policy, their workers compensation, and their malpractice insurance. Also each of their patients will have to sign a release of liability. Unfortunately, even if we "protect" ourselves with all these policies naming us as "additional insured", it may not matter. If any one gets hurt, we may still get sued as we are a medical facility. Our advisor said we would probably win, but we should consider the cost.
Another consideration? Our malpractice agent indicated there could also be a question of coverage under our malpractice as well as liability coverage with a rental. Of course, no knows what will occur until an incident occurs. As our agent put it, "it may affect coverage".
I would suggest that everyone who is considering renting their pool should check with their agents to obtain a written confirmation of coverage during a rental. We chose not to rent our pool due to so many unanswered questions. To us, it was not worth the potential risk.
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