Can a hot tub be a medical expense?

A doctor’s prescription can turn your hot tub into a piece of deductible medical equipment, as long as you satisfy a few IRS conditions. Remember that a written recommendation is the first and most important step in the deduction process. Look for IRS Publication 502, which covers medical expenses.

Are hot tubs covered by house insurance?

Yes, structures like your conservatory, garden wall, fitted hot tubs and paving could be covered by your buildings insurance, as they are technically classed as fixtures and fittings of your home. An example of this could be a barbeque, or your garden’s table and chairs.

Should I insure my hot tub?

Fixed items, such as fences, patios and sheds (as long as they’re lockable), will fall under your buildings insurance, while movable items, such as sculptures and hot tubs, will fall under your contents insurance.

Can you write off swimming pool on taxes?

If you buy a pool for medical reasons, tax law gives you a deduction for the cost of installation and for operating expenses, even though technically the pool is a capital improvement of your home.

Can you insure a plant collection?

Your homeowners insurance policy provides coverage for damage to your landscaping, including your plants, trees and shrubs. Additionally, homeowners insurance policies could pay for a portion of the expense of removing damaged trees from your property if it’s caused by a covered peril.

Is patio furniture covered under home insurance?

Patio Furniture Personal property, both indoors and outdoors, is almost always covered by your homeowner’s insurance. Policyholders usually receive reimbursement for any damage to patio furniture, unless the loss is a result of negligence.

What is the best insulation for a hot tub?

The best insulation for hot tubs is full foam, multidensity foam, barrier insulation or FiberCor. When comparing energy-efficient hot tubs, look for full foam or multidensity foam. If the description doesn’t specify full foam, the tub is likely only partially insulated with spray foam.

Is frozen hot tub covered by insurance?

Answer: What you have with the hot tub is mechanical breakdown, which led to the freezing that caused the damage. The freezing of the hot tub is an ensuing loss to the mechanical breakdown. Therefore, the mechanical breakdown is excluded, but the damage to the actual tub itself is covered.

Is the cost of a hot tub covered by health insurance?

Many of our customers ask if hot tubs and spas are covered by health insurance. The answer is: it depends on your insurance company and your specific health plan. Your health insurance policy may cover the purchase price of a new spa if hot tub therapy has been prescribed by your doctor to treat a legitimate medical condition.

Can you file a claim for a hot tub?

If hot tub therapy isn’t directly ruled out, you may be able to file a claim. In such a case, your hot tub may qualify as necessary medical equipment. If your policy rules out hot tubs, but a doctor thinks hot tub treatment is your best option, you may be able to switch to a more inclusive insurance policy.

Do you need a prescription for a hot tub?

If it’s not, and you still really want and can afford that hot tub, take the prescription with you when you buy it. That will eliminate the sales tax. Plus, if insurance doesn’t cover hot tubs–even as a piece of medical equipment–it could be tax deductible as a medical expense.

What happens if you get injured in a hot tub?

If you are injured in an incident caused by another person or business, and your doctor prescribes hot tub therapy for treatment and recuperation, consult with your attorney. The other party’s insurance company may be liable to pay for treatment, including the cost of a therapeutic hot tub.