Reptile Forum, Reptile Classifieds - CaptiveBred

kronin · Posted: Sun Aug 20, 2006 11:08 pm Post subject: Just curious - insurance

This is purely just out of curiousity, but is something that I keep thinking about whenever I hear of people paying £1000's for a snake (or even more money than that, just read Peter Kahl paid $25,000 for his first albino boa, and that was in 1989!).

Whats the deal with insurance then? Surely it's a common thing to do, imagine if something happened to a 25 grand snake! Although there would be a sentimental sadness I would hazard a guess and say the financial loss would make me cry more! Crying or Very sad

Any info. would be much appreciated.

AnthonyY · Posted: Mon Aug 21, 2006 10:24 pm Post subject:

Good question m8, are you after insurance or want to know about it Embarassed

I may take out insurance as i am investing in a royal morph project, i am very hopefuly getting a 04 male spider in the next 3 weeks or sooner Cool

_________________
1.2 BRB's_1.0 Woma_1.0 HIB_1.0 Amel_1.0 Green Pink Spot Snow_1.1 Hypo Bloods_1.0 Ultramel Anery_0.1 Anery Het Hypo Lav_1.0 Hypo Lav_0.1 Aztec Hypo Lav_1.0 Amel Stripe Het Butter_0.1 Butter Stripe_0.1 Anery Stripe_0.1 Ice_0.1 Snopal_1.1 Plasmas Het Hypo

kronin · Posted: Tue Aug 22, 2006 12:38 pm Post subject:

Bit of both really!

If I had the money i'd be tempted to invest in some royal morphs myself but I would want to insure all the livestock. I found a site that insures reptiles but after reading through all the small print it seems that they can squirm their way out of paying for nearly every cause of death, particularly death from any complications in pregnancy/egg laying which would render the policy almost useless to a breeder i'm guessing?

I suppose it all goes hand in hand with experience. Those of us who pay out alot of money for a herp must have the confidence in their own knowledge and experience to keep it, so maybe they don't see the need for insurance?

C'mon everyone! I'm always seeing snakes on here that must have cost a few quid - are you lot insuring them?

NorthernRegius.com · Posted: Tue Aug 22, 2006 8:11 pm Post subject:

I'm in the states so it's may be a bit different. I've increased my contents insurance in my home owner's policy to cover my collection & keep records/photos stored in a safe deposit box.
_________________
All the Best- Deb
Me: http://www.myspace.com/hardcoreherper
My snakes: www.NorthernRegius.com

Scott W · Posted: Wed Aug 23, 2006 8:13 am Post subject:

Insurance is available, Exotic Direct does insure reptiles (last time I checked).

However you would need to check the small print to see what it excludes, alot exclude any death resulting from breeding complications, which is most likely to be the reason they would die.

Personally I don't insure mine against death from illness etc but would consider insuring against fire & theft but again this is still quite expensive (rough quote I had was £10 cost for every £100 in value, this is extremely expensive when compared to any other insurance.
_________________

Please DO NOT pm orders for reptiles, send email instead scott@captivebred.co.uk

kronin · Posted: Tue Aug 29, 2006 11:36 pm Post subject:

Cheers folks.

Seems insurance is a pretty pointless exercise by the time you trawl through the small print. Not cheap either!

Hadn't thought of contents insurance, would seem to be the best thing to do.

Best to block the cost out of our minds too eh? Same goes for when we're asked by partners/family/friends...

"It was only £70 dear - it does look like a Bumble Bee doesn't it" Laughing

Now where did I put those remortgage documents...