• For a Limited Time the R2R Partner Membership is NOW OPEN! Get some cool swag and chances to win part of over $20,000 in prizes! Click here for more details

Who's insurance company covers water damage?

Bmwm235i

Valuable Member
View Badges
Joined
Aug 21, 2015
Messages
2,355
Reaction score
1,549
Location
The Shore
So with my recent upgraded system, it got me thinking what if.

Most of us have seen the threads about tank failure and the disaster from the aftermath.

I called my insurance company (travelers) and they do not cover water damage from an aquarium failure. They also do not offer any coverage I can pay for to cover the damage the water would cause.

Does anyone know if their insurance company does cover it? Of if you have had a tank failure and your insurance company did cover it, who are they?
 
Lazys Coral House

biomek

Community Member
View Badges
Joined
Nov 5, 2013
Messages
77
Reaction score
64
Location
Wylie, TX
depends on the insurance company and the individual level of coverage, not to mention the specific adjuster if a claim is made.
 

scobeyra

Active Member
View Badges
Joined
Sep 26, 2016
Messages
206
Reaction score
161
Location
los angeles, ca
Mine didn't offer a policy that specifically covers water damage but after pushing them to cover my tank, they suggested adding a liability policy to my renters (couple bucks a month). This covers any damage or injuries caused by accident or negligence on my part, including water damage. I have usaa but I imagine they'd all work the same.
 
OP
Bmwm235i

Bmwm235i

Valuable Member
View Badges
Joined
Aug 21, 2015
Messages
2,355
Reaction score
1,549
Location
The Shore
Mine didn't offer a policy that specifically covers water damage but after pushing them to cover my tank, they suggested adding a liability policy to my renters (couple bucks a month). This covers any damage or injuries caused by accident or negligence on my part, including water damage. I have usaa but I imagine they'd all work the same.
Yea travelers said any damage caused by the water from the tank would not be covered. And there was no coverage I could get extra to cover it. They would however cover the cost of the tank and equipment.
 

NeuroticAquatics

Valuable Member
View Badges
Joined
Jul 2, 2014
Messages
2,080
Reaction score
1,092
Location
Palm Springs, CA
I have State Farm. When we got our 240g, we added a renter's policy to our automobile policies for the specific reason that I was worried about something happening with all that water. They assured me that water damage due to a tank leak, etc would be covered. My premium actually went down a couple bucks a month too. Makes no sense to me that adding more coverage lowers payments, but I'm okay with it.
 

tankstudy

Valuable Member
View Badges
Joined
Apr 22, 2014
Messages
1,662
Reaction score
1,359
I have State Farm. When we got our 240g, we added a renter's policy to our automobile policies for the specific reason that I was worried about something happening with all that water. They assured me that water damage due to a tank leak, etc would be covered. My premium actually went down a couple bucks a month too. Makes no sense to me that adding more coverage lowers payments, but I'm okay with it.
My overall dropped because I was bundled. Car insurance and renters. I'm also State Farm.
 

NeuroticAquatics

Valuable Member
View Badges
Joined
Jul 2, 2014
Messages
2,080
Reaction score
1,092
Location
Palm Springs, CA
My overall dropped because I was bundled. Car insurance and renters. I'm also State Farm.
Yeah...they bundled mine too. I just don't get how adding something (a home) makes the rate go down. They are now insuring something that is 6x more valuable than our vehicles and charging me $25 less annually. Weird math, but I'm good with it. [emoji3]
 

justingraham

5000 Club Member
View Badges
Joined
Jul 13, 2016
Messages
5,348
Reaction score
6,664
Well thank you for this thread
I didn't even think about insurance but I'm calling now
 

Syntax1235

Well-Known Member
View Badges
Joined
Jul 24, 2016
Messages
596
Reaction score
297
Location
Maine, USA
Horace Mann covers mine. I was adding an umbrella policy and the agent saw the tank and didn't think it was covered. He took pictures and checked with the powers that be.... it's covered without any additional cost.
 

Mike_J

Valuable Member
View Badges
Joined
Nov 16, 2014
Messages
2,362
Reaction score
3,911
Location
CT
I made sure to contact my insurance company with my upgrade to a 126g and sure enough, coverage from water damage is inclusive of the saltwater tank. Phew. :)
 

Kungpaoshizi

Valuable Member
View Badges
Joined
Jan 22, 2014
Messages
1,309
Reaction score
503
Location
Earf
Anyone who think their insurance covers it, please share your company name, but do this first.

Call them, and ask them these questions:
If my aquarium breaks, is any water damage covered resulting from the broken aquarium? If water damage is covered, what kind of water?

Most agents will sucker you by saying, 'yes water damage is covered!' but what they mean is, 'water damage from floods, or rainfall that happens to get into the house'.
The water from your tank is waste-water, and not 'natural'. Which I've yet to see any company cover.

The only way you'll be covered, despite companies saying no, is personal liability.
So if/when it happens, you'll need to be the reason for the misfortune.
"I broke my tank", "I forgot to turn off the hose filling the tank", stuff like that.

Of course just because they put 2 sentences directly next to each other, doesn't mean they're lying. It means you didn't read the policy.
 

Have you ever TRULY had a reason to panic in this hobby?

  • Yes

    Votes: 266 72.3%
  • No

    Votes: 94 25.5%
  • Don't know

    Votes: 8 2.2%

Online statistics

Members online
1,973
Guests online
4,827
Total visitors
6,800
Tunze
Top