Insuring your tank

michika · #1 10-28-2005, 04:44 PM

Its coming to be that time of year, insurance renewal time, and I was wondering who everyone insured their tanks with, and what does it cover?

Anyone have any insurance experiance?

vanreefer · #2 10-28-2005, 05:31 PM

my Tank is included in my home policy... but only for breakage and water damage as a result

michika · #3 10-28-2005, 05:33 PM

Vanreefer,

So if your tank breaks and water damage results is EVERYTHING covered? By everything I mean the tank contents, fish, etc?

vanreefer · #4 10-28-2005, 05:47 PM

I don't believe it covers livestock... but all equipment and the tank is insured as well as the damage to the building

monza · #5 10-28-2005, 06:34 PM

Mine covers house (damage) and equipment (loss), no lifestock or contents.

Dave

michika · #6 10-28-2005, 07:11 PM

Does that cost extra on your regular policy

StirCrazy · #7 10-28-2005, 11:02 PM

Quote:

Originally Posted by michika

Does that cost extra on your regular policy

no, if you want the live stock to be covered then yes.

Steve

Jaws · #8 10-29-2005, 02:59 AM

If you're in a condo, does it cover damage to other people's property?

geopod · #9 10-29-2005, 03:13 AM

The way I understand the my insurance is that if the tank breaks and you ar renting or cause damage to someone else's propety(ie.condo) then your insurance covers ithe damage.When I talked to my insurance company I am covered for livestock as well.They will need a list of your stock and pics.And I keep my receipts of everything I buy.There is my 2 pennies.

george

Johnny Reefer · #10 10-29-2005, 03:36 AM

Quote:

Originally Posted by Jaws

If you're in a condo, does it cover damage to other people's property?

My policy does.
I checked with my insurance company to be sure.
Covers leakage, breakage, resultant damage.
Everything but lost livestock.

Hmmm. Brings to mind a question. I wonder if Live Rock would be covered?
You'd think so 'cause it is basically an inert substance. Just has live stuff in and on it is all.

Cheers,