Do any of you carry a rider on your home owners to cover your snakes?
                        
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0 Kudo
insurance??
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 Tim McRae |
insurance?? |
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Posts: 18 (05/12/08 15:20:18) |
2.3.2 GTP's, 2.2 hognose,1.1 kenyen sand boas, 2.4 veiled chameleons+80 eggs, 3.4 panther chameleons, and alot of poision dart frogs
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VinnyButch |
Insurance? | |||
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Posts: 77 (05/12/08 15:49:18)
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I know insuring your reptile collection seems like a good idea, and in my opinion, it is. Unfortunately if you tell your homeowners insurance agent that you
have a colection of reptiles, you could wind up stepping in deep poop. Insurance companies consider reptiles (snakes especially) to be 'dangerous
animals' and the odds are very good that your insurance costs could go through the roof. That is, if your insurer doesn't dump you completely. Or force
you to get rid of the snakes. And believe me, they will come and inspect.
I'm sure we'll see a few horror stories posted here before long. VinnyButch |
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Sony Raju |
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Posts: 1051 (05/13/08 05:39:34)
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From what I understand, most companies will refuse you coverage for your home if you even mention it. If I were you, I wouldn't even bring it up, for your
sake.
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Tim McRae |
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Posts: 19 (05/13/08 09:56:30) |
I wasn't planning on it I have a relatively small collection but I was just curious about those of you out there that have many many thousands of dollars
in their collections. I mean what if you had a fire or got hit by a tornado. My neighbor just had a fire in his house last winter because he had his diesel
pickup plugged in to keep the engine warm at night and it caused a big fire that involved his house being gutted. As far as insurance companies are concerned
they hire top experts to decide what is dangerous to their bottom line. When I first got my dog I was advised by any attorney that i should tell my homeowners
company to make sure if anything ever happened I would be covered and I'm glad I did. I called up my sales agent and Citizens called me back and said since
my dog is a doberman the were going to cancel my policy as doberman are one of the five "vicious" dogs that they won't cover. When I was speaking
with them I kind of laughed as I looked at Grace (my dog) then i told them that she had completed puppy obedience and adult obedience and she was a big baby
that would never bite anyone. I also said they were welcome to come meet her themselves. Well a week later I got a bill for my premium. They obviously spoke
with there risk assessor and decided that they liked getting my premiums. My policy wasn't changed in any way nor did the premium go up. I would think the
same would go for chondros once you told them how harmless they are to people and they double checked that with their experts they would be happy to charge an
extra fee to cover them. I mean they cover pet stores. But either way I was just wondering if some of you with large collections had insurance on them.
2.3.2 GTP's, 2.2 hognose,1.1 kenyen sand boas, 2.4 veiled chameleons+80 eggs, 3.4 panther chameleons, and alot of poision dart frogs
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MarlboroMan |
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Posts: 125 (05/13/08 10:34:45)
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I think there two distinct scenarios here:
1) Denying homeowners coverage due to having exotic pets I'd like to think that the risk assessors would be smart enough to research chondros and deem them 'harmless'. Unfortunately, I can't imaging that they would go through that much effort to distinguish a Green Tree Python from a Burmese or Reticulated Python. I think the dog situation that you mentioned is a bit different. Just from a popularity/numbers perspective I would think that they are much more educated about different dog breeds. I would also think that there's plenty of evidence to support a reduced likelyhood of a dog bite/attack with a dog that's been through training. 2) Coverage specifically for the exotic pets As far as the folks who are professional breeders (Rico and company) I wondering if they have some sort of business coverage. If so, I would also be interested to hear if it was for loss only, or if there was some kind of coverage for bites (yeah I know, I know). The only pet insurance I was able to find covered vet bills only. Actually now that I'm thinking about it more, I don't think I'd want to offer loss coverage if I was an insurance company. Think of all the ways you could lose a collection, disease, power outage, thermostats take a crap, bad husbandry, etc. not to mention the normal stuff like fires, floods, etc. Jon Deason
"Did you just say I am a reverberating homo?" - John Romano |
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Tim McRae |
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Posts: 21 (05/13/08 11:13:36) |
1) point taken
I know that pet stores do have coverage for loss do to power outages,equipment failure and the like but not for lack of proper care and it defiantly covers fire/flood etc. I know plenty of claims were filed for the black out in the north east a few years back.
2.3.2 GTP's, 2.2 hognose,1.1 kenyen sand boas, 2.4 veiled chameleons+80 eggs, 3.4 panther chameleons, and alot of poision dart frogs
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milmoejoe |
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Posts: 62 (05/13/08 12:46:50) |
Curious to hear more about this as well. I've brought it up to various folks with $100,000+ collections, and just get laughed at.
I mean, you can insure anything, i'm curious as to why you wouldn't! |
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tazman1982.chondroforum |
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Posts: 3 (05/14/08 09:48:21) |
I never thought of getting coverage for my pets. I know you could do it for dogs against bites. I had it with my German Shepard. it was 300 a year.
but with my birds and snakes i never thought of that. but my Insurance won't even cover my motorcycle I have to go through a seperate carrier! I doubt they would cover my pets. I will have to look into this!! HMMMMMM |
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MarlboroMan |
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Posts: 126 (05/14/08 11:14:39)
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Hey Tim- I agree with you re: the pet stores. But that's business coverage and the animals are covered as an asset. As a private individual (which I think
was your original question right), it's much different. I can't ever remember hearing of a insurance company, homeowner's or otherwise, that
covered pet loss (only vet bills). I think it would be a nightmare for the company to figure out the rates from an actuarial standpoint, not to mention coming
to an agreement with the owner over insured value. Just to get valid morality data to create rates would be nearly impossible. Plus the company would assume at
some point they're going to pay a claim.
With that being said, I'm sure that you can cover against loss and even stipulate your own provisions (power outages, equipment malfunctions, Holland trying to spray paint your chondro blue, etc.), but I think you'd have to go through some kind of specialty insurance company (Lloyds of London will insure about anything, I know that there are others). From the little I know about it, you'd be subject to periodic inspections, equipment requirements (aux. generator for example) and a host of other inconveniences. Plus it's freaking expensive. Jon Deason
"Did you just say I am a reverberating homo?" - John Romano |
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bigsnakes |
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Posts: 314 (05/14/08 20:34:42)
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Last year I contacted every company I could find that offers loss insurance for animals (e.g. livestock, race horses, zoo animals). None of them offered
policies for reptile collections.
Eleven years ago I had extensive smoke damage to my house from a lamp on a timer that fell over while I was at work and burned completely through a hardwood floor. My insurance covered the claim but dropped me when I mentioned snake enclosures in the list of things damaged. There was nothing in the fine print of my policy that stated that ownership of any particular type of animal was cause for denial. No other company would touch me and I was forced by my mortgage company to purchase mandatory coverage through the State I live in at over five times the annual rate of my pre-claim premium. Be sure to read the fine print on your policy. |
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