Can I add insurance for my tank? If so, how?

JCOLE · Apr 10, 2020

Is there a way to include my tank under my home insurance or pull a policy out for it? I have about 2 years of time and probably over 10k invested in my tank so far. If something was to happen to it then honestly I would be devastated and I think my wife would also kill me.

It got me thinking last night because my 3 year old son who loves to carry around golf balls came into my room with the tank and chucked something right at the tank glass. He has a crazy arm for a 3 year old and as it sailed to the tank I could see my life flash before my eyes. Luckily, it was just one of his socks! After a minute of gathering my composure, I imagined what would have happened if that was a golf ball and it cracked my tank and allowed roughly 180 gallons to spill on the floor causing damage to my house and killing all my livestock.

Is there a policy I can put in place so if something ever does happen(hopefully not by my son) then I will be covered for damage to my house and recouping the loss of the tank, livestock, etc? Maybe also upping my life insurance as well?

Houstoner · Apr 10, 2020

Following

mich2599 · Apr 10, 2020

wonder the same

Phycodurus · Apr 10, 2020

i believe this is definitely possible. best to inquire with yr insurance agent to talk specifics.

vetteguy53081 · Apr 10, 2020

Very few companies do this. I believe Hancock insurance does. Best to call your agent.

Phycodurus · Apr 10, 2020

(i had thought to do the same ... 180G tank ... earthquake country here). ;Nailbiting

jeffrey750750 · Apr 10, 2020

Great, something else to insure

chefjpaul · Apr 10, 2020

They will only insure damage caused, as long as it was user error. not livestock or equipment. I've had two claims.

tehmadreefer · Apr 10, 2020

Pretty sure only your insurance agent can answer that

Devaji · Apr 10, 2020

Do let us know what you find out.

I need to talk to ours at some point, I am more concerned about damage to the home but l hear you we have tons of time and money invested.

JCOLE · Apr 10, 2020

Will do. I am going to talk with my agent on Monday. I know people add on their jewelry and guns incase their stolen so this doesn't seem too crazy.

Cstar_BC · Apr 10, 2020

My insurance will cover damage caused to hardware but not contents . So if there was a fire I’m insured for the glass and pumps etc but fish and coral no

Deschutes541 · Apr 10, 2020

Cstar_BC said:
My insurance will cover damage caused to hardware but not contents . So if there was a fire I’m insured for the glass and pumps etc but fish and coral no

I would agree with this. Your best bet to look for an extension for your homeowners policy.

I suppose you could look for an Inland Marine policy for the livestock although I've never heard of one. At the minimum, you would be looking at $1,000 annually assuming it's written through surplus lines.

Cstar_BC · Apr 10, 2020

also be aware that some house insurance will not cover flood damage if you have an aquarium over "X gallons" that was something we had to keep an eye on while shopping for coverage

DHill6 · Apr 10, 2020

Farmers in CA, you have to take out a rider policy and the tank has to be plumbed into your house plumbing, then you have to prove it had a failure point.

GlassMunky · Apr 10, 2020

When I called my insurance company (USAA) they said that any damage to the house is covered, even some equipment but ABSOLUTELY NO LIVESTOCK
And there’s no extra policy or anything to cover it that they offer.

your beat bet is to call and ask your insurance company about your policy and if they have others that meet your needs.

Devaji · Apr 10, 2020

GlassMunky said:
When I called my insurance company (USAA) they said that any damage to the house is covered, even some equipment but ABSOLUTELY NO LIVESTOCK
And there’s no extra policy or anything to cover it that they offer.

your beat bet is to call and ask your insurance company about your policy and if they have others that meet your needs.

I hear good things about USAA that is what we have. i'll look into it as well just to see.