Insurance just for your aquarium?

[rldavisou]

I'm an insurance agent licensed in 47 states, and I can tell you that all policies and companies are different. You need to talk to your agent. The company I work for would probably cover the water damage done to the house, but would not cover the tank if it sprang a leak. As far as I know, this is pretty standard across the industry.
The reason being, the insurance company is not going to replace a defective product if damage is done as a result of a fault of the product. This would be covered by a manufacturer's warranty and/or the manufacturer's product liability insurance.
That being said, he's a few more pointers:
A tank leak would NOT be considered a flood. Floods are natural disasters. A tank leak would be paid out under Water Damage.
No company is going to cover livestock.
No regular homeowner or renter's policy is going to cover business property, so be careful if you sell a lot of frags. They could come back and say you're running a business.
If you live in a second floor apartment, make sure you have at least 100k in liability coverage (which is standard). If your tank breaks, you very well may be buying your downstairs neighbor a entire new set of belongings, as well.
*my advice should not be a replacement for talking to your agent. Again, all policies and companies are different.

 

[cavan]

then you could be like a story that made the paper where i'm from. there was a couple that had a 300 gallon wall system; saltwater. someone broke into there house and just for the "ell of it busted out the front. The damage was crazy because they where on vacation and didn't come strait home to it. ol ya and all the coral and fish

 

[rldavisou]

Originally Posted by cavan
http:///forum/post/2905347
then you could be like a story that made the paper where i'm from. there was a couple that had a 300 gallon wall system; saltwater. someone broke into there house and just for the "ell of it busted out the front. The damage was crazy because they where on vacation and didn't come strait home to it. ol ya and all the coral and fish

not sure if you're replying to me or not, but if your break/leak is due to your own negligence or someone else's "vandalism and malicious mischief" then you'd be covered. Only a leak due to a defect in the tank (i.e., the tank just one day starts leaking) would the tank itself not be covered.