Renters Insurance

[zachlasze]

Hi Everyone,

I am currently running a 90g AIO unit. It has been up and running in my current apartment for 3 years. But now I am moving into a new place with my GF in a couple of weeks and my new landlord to be is requesting that I get renters insurance that protects her and I in the event of a catastrophic failure.

I personally am not that concerned, because it is not a rimless tank, so there is the plastic support along all the top edges to protect against that weight side panel damage, and the seals seem to be completely fine.

However, The new landlord is very worried because our new apartment as all bamboo flooring and I guess, in the event of a large amount of water on that floor the bamboo absorbs it and warps drastically. Which leads me to where I am. Does anyone have good recommendations for renters insurance that will protect myself/landlord in the event of a failure and replace the flooring?

Thanks,

 

[SaltyBlue]

Renters is pretty cheap and you should probably have it anyway. You want to ensure you have liability coverage on the policy. Recommend shopping through a local agent who you can ask the what if questions to

 

[NanoSteam]

As someone who once rented an apartment with a tank it's really not that expensive and worth the piece of mind. Should have it regardless if they require it or not because it covers a lot more than damage. In Los Angeles I went with Lemonade and was paying just $8 a month but this was back in 2017 to 2018.

 

[Biff0rz]

Hi Everyone,

I am currently running a 90g AIO unit. It has been up and running in my current apartment for 3 years. But now I am moving into a new place with my GF in a couple of weeks and my new landlord to be is requesting that I get renters insurance that protects her and I in the event of a catastrophic failure.

I personally am not that concerned, because it is not a rimless tank, so there is the plastic support along all the top edges to protect against that weight side panel damage, and the seals seem to be completely fine.

However, The new landlord is very worried because our new apartment as all bamboo flooring and I guess, in the event of a large amount of water on that floor the bamboo absorbs it and warps drastically. Which leads me to where I am. Does anyone have good recommendations for renters insurance that will protect myself/landlord in the event of a failure and replace the flooring?

Thanks,

I had a similar tank in an apartment on the bottom floor. One night I heard a crash, walked out, and the floor was wet and sparks were flying and I almost electrocuted myself. Get the insurance.

As a follow up, I had carpet and was able to clean it up before the complex knew what had happened. (90g). Bamboo floors...yea, that won't be easy to hide lol.

 

[mook1178]

Renters insurance is something you should have either way. It covers your loss. I've never heard of it for covering damages to the property. The landlord should have insurance to cover damages. But I may be wrong

 

[BXNES]

Hi Everyone,

I am currently running a 90g AIO unit. It has been up and running in my current apartment for 3 years. But now I am moving into a new place with my GF in a couple of weeks and my new landlord to be is requesting that I get renters insurance that protects her and I in the event of a catastrophic failure.

I personally am not that concerned, because it is not a rimless tank, so there is the plastic support along all the top edges to protect against that weight side panel damage, and the seals seem to be completely fine.

However, The new landlord is very worried because our new apartment as all bamboo flooring and I guess, in the event of a large amount of water on that floor the bamboo absorbs it and warps drastically. Which leads me to where I am. Does anyone have good recommendations for renters insurance that will protect myself/landlord in the event of a failure and replace the flooring?

Thanks,

Bundle and save with State Farm

 

[Biff0rz]

Renters insurance is something you should have either way. It covers your loss. I've never heard of it for covering damages to the property. The landlord should have insurance to cover damages. But I may be wrong

There are definitely liability products out there. It's very typical now for landlords to require renters insurance, either self-acquired or auto-sign-up for their program (which they mark up and make extra money on).

 

[PharmrJohn]

About 25 years ago a tree fell over a power line and took out one of the three wires at the pole. EVERYTHING fried that was plugged on. Well, except a CRT TV and a coffeemaker. Renters insurance paid replacement value on everything. I would highly recommend renters insurance.

 

[Gumbies R Us]

Bundle and save with State Farm

Funny enough that's who we used and they were cheap

 

[mook1178]

There are definitely liability products out there. It's very typical now for landlords to require renters insurance, either self-acquired or auto-sign-up for their program (which they mark up and make extra money on).

I know they are required. I have had to have it before, but to only cover my loss.

 

[Privateye]

I've rented some houses from companies. Some permit aquariums because they require renter's insurance. Some don't permit them even though they require renter's insurance.

It's nice to have some peace of mind. I've had a few tank leaks over the years and none were rimless. I've had hang-on protein skimmers overflow. I've had a dead air pump turn into a siphon. And I regret to say, I've overflowed my 125 gallon freshwater tank a handful of times while refilling it. None resulted in damage, but I can see the potential so I'd recommend the insurance. It's usually pretty cheap.

 

[NeutronMan]

TBH - I wouldn’t keep a tank in a rental without it.

 

[exnisstech]

I would check the policy and make sure it covers damage from the tank if it fails. My State Farm home owners doesn't even cover damage from a tank that leaks. It requires a separate rider. It will cover a tank that breaks as the result of an accident like a kid throwing a rock or something. It will not cover damage from a tank that fails like a red sea seam failure. I've been down that road before. Fortunately for me when I called in to file a claim i got an awesome adjuster on the line. She flat out ask "did it break or did it leak? If it broke its eligible for coverage, if it leaked it isn't." Of course I took the hint and replied that it broke and she processed the claim.

 

[mfinn]

I would check the policy and make sure it covers damage from the tank if it fails. My State Farm home owners doesn't even cover damage from a tank that leaks. It requires a separate rider. It will cover a tank that breaks as the result of an accident like a kid throwing a rock or something. It will not cover damage from a tank that fails like a red sea seam failure. I've been down that road before. Fortunately for me when I called in to file a claim i got an awesome adjuster on the line. She flat out ask "did it break or did it leak? If it broke its eligible for coverage, if it leaked it isn't." Of course I took the hint and replied that it broke and she processed the claim.

Same here as far as coverage. I called them years ago.
I would think a renters insurance policy would cover items inside your dwelling. Not someone else's place.

 

[exnisstech]

Same here as far as coverage. I called them years ago.
I would think a renters insurance policy would cover items inside your dwelling. Not someone else's place.

Personal belongings is all I've ever heard if it covering and probably why it's so cheap.

 

[Jungle Blue]

I had a similar tank in an apartment on the bottom floor. One night I heard a crash, walked out, and the floor was wet and sparks were flying and I almost electrocuted myself. Get the insurance.

As a follow up, I had carpet and was able to clean it up before the complex knew what had happened. (90g). Bamboo floors...yea, that won't be easy to hide lol.

yowza, did you pinpoint the cause?

 

[Biff0rz]

yowza, did you pinpoint the cause?

The bottom of the tank broke out...sucked. I was in college with not a ton of money and it was a used tank. Lesson learned lol.