Property with a lake

[Lisa Y.]

Hi everyone.

I am fairly new to the forum. Look forward to learning from the experts here.

Recently I came across a home on 3 acre of land and a lake in the middle. Wanted to get some feedback around if that could be a potential liability or risk factor if renting out the home. Would the insurance be much higher? What if someone gets hurt in the lake, how to account for that?

Thanks!